As the winter promises to be harsh, with the risk of power cuts and gas rationing, the country is organizing itself urgently.
France is facing an energy crisis worthy of the oil shocks of the 1970s. The Russians, who weigh 17% of our supply in normal times, are gradually closing the gas tap. This energy itself represents 15% of the country’s energy consumption, but much more during the winter when the heating is on full. EDF’s nuclear power plants are going through a bad patch, with nearly half of the reactors currently shut down. What is rare being expensive, the prices fly away. On the wholesale market, they have been multiplied by ten for electricity compared to before the crisis, by five for gas. Households do not feel it – yet – thanks to the tariff shield.
But the winter will be harsh, with the risk of power cuts and gas rationing. On the gas side, underground storage, capable of storing a third of annual consumption, is 90% full. “Warning: you should not only look at the level of…