France to export gas to Germany from “mid-October”
A new capacity to export gas from France to Germany will be available “by mid-October”, the general director of the operator of the gas network in France, GRTgaz Thierry oublie, announced during a press conference on Wednesday.
“Under the effect of the war in Ukraine, gas flows historically coming from the east have been reversed. Since the summer of 2022 there has been a professional drying up of gas transits from Germany (with Russian gas, editor’s note): GRTgaz is working to adapt its network to develop new export capacity from France to Germany that will be available in mid-October”, specifies a GRTgaz press release issued in the process.
The French gas system should hold up this winter
During a press conference on Wednesday, transmission network operators GRTgaz and Teréga stated that the French gas system should meet demand this winter, in particular thanks to careful stock management and efforts to reduce consumption by of consumers.
“Since the beginning of spring, the tanks have been filled correctly: their filling rate is already 94% (84% on average in Europe) and will be close to 100% at the beginning of winter,” said Thierry Trouve, CEO by GRTgaz.
Same nuclear output this year as last winter, EDF chief expects
EDF expects to have roughly the same nuclear output available this winter as it did last winter, Jean-Bernard Lévy, EDF’s president, told the Senate Economic Affairs Committee.
The opposition wants help for communities and businesses
Believing that “the government has no other option” than to limit the tariff shield that expires on December 31, due to “our budgetary situation,” the president of the Senate, Gérard Larcher, recalled on the set of LCI that certain companies They had had to close “for energy cost reasons”.
“You also have the municipalities that do not have the tariff shield, today we see a certain amount of sports equipment, I am thinking of the swimming pools (…) that close today,” he said, demanding that we “collectively reflect” on how to respond to this energy crisis, in terms of supply, sobriety and purchasing power.
On the left, too, we are asking for help for companies.
“I would like the Government to take strong measures to protect the work and purchasing power of the French. I say work because the increases in gas and electricity bills that our companies are suffering are the most affected by ‘among them to close’, estimated the national secretary of the PCF, Fabien Roussel, on the set of franceinfo, adding that his group would demand “during the debate in the National Assembly an effective tariff shield for our companies.”
RTE: “No blackout risk this winter”
“Under no circumstances does France run the risk of a ‘blackout’,
that is, total loss of control of the electrical system”, assures RTE.
“The risk of tension” in the electricity grid this winter is “increased”, but it remains “controllable thanks to a strong mobilization” in favor of energy saving, the manager of the Electricity Transmission Network (RTE) said on Wednesday.
“The risk of outages cannot be totally excluded, but it could be avoided by lowering national consumption by between 1 and 5% in most cases, and up to 15% in the most extreme weather situations,” RTE detailed in a news release. press while the government must present the new terms of the tariff shield for 2023 during the day.
More information here.
Europe will make reserves of rare earths
The EU will accumulate “strategic reserves” to avoid interruptions in the supply of “critical” raw materials for its industry, in particular rare earths and lithium, the global supply of which is controlled by China, the EU announced on Wednesday. Commission.
“Nearly 90% of rare earths and 60% of lithium are processed in China. We will define strategic projects throughout the supply chain, from mining to refining, from processing to recycling, and we will build strategic reserves where supplies are threatened,” Ursula von der Leyen told the European Parliament in Strasbourg.
The EU will invest 3,000 million euros in hydrogen
The EU will launch a new public bank dedicated to the development of hydrogen, capable of investing 3,000 million euros “to build the future market” of this booming energy, the president of the European Commission, Ursula von der Leyen, announced on Wednesday. .
“We need to move from the niche market to the mass market, we want to produce ten million tons of renewable hydrogen in the EU every year by 2030”, which requires “closing the investment gap”, he told the European Parliament, assuring that this public bank it will also contribute to “guaranteeing the purchase of hydrogen”.
Ursula von der Leyen: “this is not the time for appeasement” with Moscow
The president of the European Commission, Ursula von der Leyen, marked this Wednesday that the sanctions imposed on Russia due to the war in Ukraine should be maintained and judged that the time for appeasement had not come.
“I want it to be clear: the sanctions are not going to be lifted. It is time for determination, not appeasement,” he told the European Parliament in Strasbourg.
Ursula von der Leyen: “A comprehensive and in-depth reform” of the electricity market
The EU will undertake “a complete and profound reform” of its electricity market, where prices have soared in the wake of gas prices, European Commission President Ursula von der Leyen said on Wednesday.
“Beyond the immediate crisis, we must think about the future. The current design of the electricity market no longer does justice to consumers, they must take advantage of the benefits of low-cost renewable energies. Therefore, we must decouple electricity prices from the dominant influence of gas,” he told the European Parliament.
A cap on “super profits” would generate 140,000 million euros
Capping revenue from renewable and nuclear power generators would raise “more than €140 billion” for EU states, which could redistribute it to vulnerable households and businesses, Commission President Ursula von der Leyen said on Wednesday.
Thanks to the rise in electricity prices after gas prices, these companies are reselling their production well above their production costs, super-profits that Brussels intends to recover: “At this time, it is not right to make extraordinary profits thanks to the behind the backs of consumers,” said Mrs von der Leyen outside the European Parliament in Strasbourg.
#LIVE #France #export #gas #Germany #midOctober