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Our February article envisaged the end of a lengthy saga in the gas sector… and yet, here we are again with a new instalment! Following last December’s publication of a number of Decrees on natural gas consumption interruptibility, awaited for over four years, the long saga of France’s gas storage problem appeared to have finally […]

December 2019 saw the publication of an impressive number of texts regarding the natural gas sector regulation in France… After the Energy Regulatory Commission (CRE) deliberated on transmission and storage tariffs proposals effective 1 April 2020 (ATRT7 and ATS2), as well as the distribution tariffs proposals effective 1 July 2020 (ATRD6) – all applicable for

Things always come in threes. TWO thousand €/MW is the standard deviation typically observed between the different auction prices for the 2020 supply year, THREE is the number of times that we discussed the capacity mechanism in our Newsletter in 2019. It’s clearly our preferred subject, since it always has its share of surprises in

Less white than white, we (and comedian Coluche) suspect, must be light grey. We know what the colour green is…it’s green! But greener than green? That’s a new colour – it was just released! I’m not looking to recite Coluche’s legendary sketch on advertising, but I couldn’t help making a reference to my favourite comedian

At the beginning of October, Jean Bernard Levy, the Chairman of EDF, explained in a letter to his employees that the introduction of the ‘Hercule’ [French for Hercules] project be postponed by several months. The auspices were not favourable towards this Hercule’s first work. Mr Levy attributed the project’s postponement to the negotiations the French

For some time now, the world of energy has been watching the emergence of a new reference acronym: ‘PPA’. These three letters, often complemented with attributes such as ‘Corporate’, ‘Renewable’ or even ‘Long-Term’, seek to represent the future of the competitive development of carbon-free energies worldwide. However, our understanding of these three words, ‘Power Purchase

It’s becoming a habit; every HES Newsletter includes an article about the French capacity mechanism. At this rate, we’ll end up making it a permanent section… In any case, the new developments this quarter certainly deserve a new article. Thanks for bearing with us. On 16 May, a new capacity auction was held for the

In the beginning, it was only meant to be a bill for correcting a minor issue – practically a typo or oversight on the part of the legislator. Faced with the calendar rectified by reality (as long as the opposite wasn’t true), François de Rugy, Minister of the Ecological and Solidary Transition, confirmed before the

In a report made public on Friday 7 June (Gas 2019), the International Energy Agency (IEA) states that the demand for natural gas grew by 4.6% in 2018, its fastest annual rate since 2010. Gas represented nearly half of growth in primary energy consumption in the world. Consumption of natural gas should grow at an

The process was triggered on a large scale in the months following the Fukushima accident, with the German decision to decommission nuclear power plants. This dealt a devastating blow to the phase of excessive investment in traditional European utilities, an enthusiasm which had already cooled down considerably after the subprime crisis and the end of