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In 2010, Nicolas Sarkozy signed a law to liberalize the market due to pressure from the European Commission, which threatened France with a €20 billion fine for unfair competition because of its low electricity prices. As a result, an artificial market was created with 125 alternative suppliers. This has led to EDF accumulating €64 billion in debt. The speaker argues that this system is unsustainable, as the main competitor sells its production at the same price to all its rivals without going bankrupt. They suggest removing these alternative suppliers to stop the increasing costs for consumers.

The speaker explains that the electricity market in Europe has favored the German system, which relies on gas, and disadvantaged the French system. This was not initially noticeable because gas prices were low. However, with the war in Ukraine and sanctions, gas prices started to rise. The speaker also mentions that the Americans wanted to promote their more expensive shale gas, which further contributed to the price increase. As a result, the French, who primarily rely on cheap nuclear energy, are now facing higher electricity prices and are stuck in this situation.

EDF, a French public company, was created in 1946 to unify electricity production, transportation, and supply. They successfully electrified France and became one of the world's top exporters. EDF had a monopoly, meaning French citizens had to go to them for electricity, eliminating the need for marketing. This allowed EDF to plan long-term electricity production and finance large infrastructure projects like nuclear power plants. However, financial interests wanted to privatize EDF's profits. They used media propaganda, funding campaigns, and European free trade treaties to open up competition. In 2010, the NOM law allowed other suppliers to sell electricity to individuals, breaking EDF's monopoly.

The increase in prices is due to the fact that electricity prices are currently linked to gas prices. France is working at the European level to ensure that electricity prices are no longer dependent on gas prices. However, it is important to note that the surge in electricity prices in September and October was not solely because of the gas prices, but also because of the fear of a potential electricity supply shortage. This fear led consumers to be willing to pay more to ensure they wouldn't experience any power cuts. This situation is also related to the state of France's nuclear power plants and the efforts made to prepare for winter and lower prices, which are now showing positive results.

EDF is facing financial difficulties, so the speaker supports its renationalization. They believe that privatization should only happen when a company is doing well. The speaker also wants EDF to merge with Enedis and disconnect from the European market's pricing system, which is causing small businesses to struggle. They mention petitions signed by thousands of entrepreneurs who are struggling financially. The speaker emphasizes that this issue is important and calls for support. They give examples of companies like Michelin, whose electricity bills have skyrocketed, and warn that if the situation continues, companies may relocate outside of France. The speaker points out that Spain and Portugal have disconnected from the pricing system and have reasonable electricity prices.

The French government is in a battle with Germany over their differing energy models. France relies on nuclear power, while Germany promotes intermittent renewable energy sources like wind and solar, coupled with gas and coal. France wants nuclear power to be included in the EU's renewable energy objectives, but Germany is actively discriminating against it. German-funded foundations and NGOs are working to undermine the French nuclear industry. France has been slow to recognize Germany's determination, but recently formed an alliance with 16 countries to promote nuclear power in Europe. However, there is still a lack of understanding in France about the ongoing energy war between the two countries.

EDF, the cheapest energy provider in Europe, has successfully met all challenges and achieved a remarkable advantage in greenhouse gas emissions. However, there was a need to establish a market price, even though there was no market. This price was based on gas, despite not using it, because Germany does. The obsession for the past thirty years has been to dismantle EDF, and they have succeeded. The absurdity of selling one's own production to virtual competitors with no production obligations is surreal. EDF has few competitors, mainly some scattered wind turbines and solar fields, which is laughable.

The speaker discusses the loyalty project and its connection to Brussels. They explain that Brussels has no legitimacy in this matter and that they use the queen to pass through the regulated access to historical nuclear energy. This access requires EDF to sell energy to its competitors at a fixed price of 42 euros per terawatt-hour, which has not been changed since 2011. The speaker argues that this price is now suicidal for EDF and that if they want to change it, they must get approval from the commission. The speaker criticizes this process as mafia-like and emphasizes that if EDF wants to increase the price, they must dismantle. They also express frustration with the claim that these people are liberals, as selling energy at market prices would solve many issues.

EDF, a French public company, was created in 1946 to unify electricity production, transportation, and supply. They successfully electrified France and became one of the top global exporters. EDF had a monopoly, meaning French citizens had to go to them for electricity, eliminating the need for marketing. This allowed EDF to plan long-term electricity production and finance large infrastructure projects like nuclear power plants. The stability of their customer base and pricing further supported their planning. However, there were efforts by financial interests to privatize EDF's profits. These efforts gained momentum with the introduction of European free trade treaties and laws in the 2000s, such as the NOM law in 2010, which opened up electricity suppliers to competition.

We are in a serious situation that is harming the country's interests. Last week, there was a power outage, and the losses for EDF can be estimated. The RTE report shows the electricity production, consumption, and exports. Due to reactor shutdowns, EDF should have earned €22 billion. Additionally, EDF is obligated to sell electricity to competitors at €42 per megawatt-hour, resulting in a loss of €28 billion. EDF is also required to buy wind-generated electricity at €91 per megawatt-hour but cannot resell it, costing the state €7 billion. In total, the losses amount to €57 billion. If everything had gone perfectly, EDF would have earned €40 billion last year.

The speaker raises concerns about the high price of electricity for French entrepreneurs. Despite France producing nuclear electricity at a cost of fifty euros per megawatt-hour, businesses are forced to pay six to seven hundred euros per megawatt-hour. This is due to an absurd European market that links electricity prices to gas prices. The speaker blames Mr. Putin for creating a gas crisis in Europe and accuses Europe of inventing an electricity crisis. Many French businesses, including bakeries and industrial companies, are struggling and some are even closing down. The speaker questions why France cannot achieve lower electricity prices like Spain and Portugal, where prices are below two hundred euros. The speaker urges the government to take urgent measures to support French businesses.

The speaker discusses the issue of electricity prices in France, highlighting how a portion of electricity is sold to a company at 42 euros and then resold to bakers, butchers, and small businesses at much higher prices, sometimes up to 1000 euros per megawatt. The speaker mentions that the profit goes to these companies, but the government also takes a share above 180 euros. This difference in prices between France, Spain, and Portugal benefits the oligarchs and the state budget. The speaker considers this situation to be a major scandal and mentions raising the issue in the National Assembly to put pressure on the government and spread awareness through a video.

Nuclear energy is non-polluting, cheaper, and secure. However, France has gradually abandoned it due to ideology, cowardice, and incompetence. This decision has led to half of the reactors being shut down, the closure of Fessenheim, and a lack of investment in nuclear power. As a result, we now face restrictions, shortages, and price increases. The decline of nuclear power in France reflects the poor choices made by our leaders. Like education, healthcare, justice, and the police, anything touched by the government is deficient or on the verge of collapse. This country is declassified, deindustrialized, and lacking in substance. The younger generation feels a mix of discomfort, anger, and sadness. In short, France is like a slowly sinking Titanic, unless someone takes action.

If everything had gone perfectly, EDF could have earned an additional 28 billion euros by selling electricity at 42 euros per megawatt-hour. However, they are obligated to buy wind-generated electricity at 91 euros per megawatt-hour and cannot resell it at the market price of 57 billion euros. Last year, EDF made a profit of 40 billion euros, but if they didn't have to buy wind-generated electricity, they could have made even more.

In 2010, Nicolas Sarkozy signed a law to liberalize the market due to pressure from the European Commission, which threatened France with a €20 billion fine for unfair competition because of our low electricity prices. This led to the creation of an artificial market with 125 alternative suppliers, who don't produce electricity but provide bills. It's strange that EDF, the main competitor, has lost €20 billion and now has €64 billion in debt. This system needs to end because it's not realistic for the main competitor to sell electricity to all its rivals at its production cost without going bankrupt. The more alternative suppliers there are, the more expensive electricity becomes.

The price of gas and electricity in Europe has skyrocketed due to sanctions against Russia and the dependence on gas power plants. Private electricity providers in France are forced to buy expensive property titles on the European market to maintain their customer base, resulting in higher electricity bills. Unregulated private providers are putting millions of French citizens in financial trouble. This situation benefits financial giants at the expense of the real economy. Some companies, like Hyberdrola, have even asked their customers to switch to EDF to avoid purchasing electricity on the market. As more people turn to EDF for regulated tariffs, the company will have to share its electricity with a larger customer base. However, due to a lack of investment in power plants and renewable energy, EDF's production is decreasing while the number of customers is increasing, leading to a shortage of electricity.

In 2007, alternative electricity providers emerged, sourcing their energy from European exchanges. However, they were not growing fast enough. In 2011, a mechanism called "l'arène" was implemented, forcing EDF to sell a quarter of its nuclear energy at a price lower than its production cost. This created an asymmetry where EDF takes investment risks while subsidizing its competitors. In 2022, the government demanded that EDF increase its nuclear electricity volume to contain tariff hikes. However, the promised 20 terawatt-hours were already sold, forcing EDF to buy its own electricity at a higher market price and resell it to competitors at a much lower price. This situation has not benefited EDF, consumers, or the energy transition. Many suppliers have suspended their offers, gone bankrupt, or ceased operations due to soaring electricity and gas prices. The French struggle to understand these price increases as electricity in France is mainly nuclear-based. They feel imposed upon by European rules and false competition, which results in energy prices from countries that have failed in their energy policies.

EDF produces 80% of the electricity in France, and their winter production is almost sufficient. There is no need to buy electricity from intermediaries or the market. The government's decision to maintain these laws is creating a major energy crisis in France. We could have been one of the few European countries to withstand sanctions, but now we might sink like the others. The solution is to reestablish EDF's monopoly so that everyone buys electricity directly from them. This should have been done years ago, especially when sanctions were imposed on Russia. The government's failure to anticipate the price surge proves their incompetence in managing our interests. They cannot blame Putin; it is their fault.

Technically, nothing changes in the electricity production and distribution process. The idea of private suppliers and property rights is just an accounting illusion that costs EDF over eight billion euros annually. This decision was made by the government to create a financial class of private electricity suppliers who profit without investing. In 2022, the government increased the electricity quota for EDF, forcing them to buy electricity they themselves produced at a higher price and sell it to private suppliers at a loss. This accounting operation cost EDF 28 billion euros, which could have been used for energy transition and maintenance. As a result, EDF is in a financial crisis, requiring regular capital injections from the government and neglecting nuclear plant maintenance. This has led to losing international contracts to the Russian state-owned company, Rosatom.

The French government is facing a technical issue with the number of nuclear power plants being shut down for maintenance, which threatens electricity production this winter. The government is holding secret meetings to prepare for the worst and is even considering bypassing nuclear regulations to ensure production. However, the problem is not just technical but also political. The lack of funding for building renovations and the neglect of old nuclear plants are political decisions that have contributed to the crisis. The government has been aware of the situation for eight years but has done nothing to address it. The energy deficit can be compensated by finding money, possibly from companies that have profited during the crisis. Other European countries have taxed energy companies' super profits, so why not France? Instead, the government is preparing for rationing and planning to lower electricity taxes using dividends from EDF, a company on the verge of bankruptcy that relies on billions of capital injections from the French government.

In this video, the speaker discusses the cost of electricity production in France. They mention that nuclear and hydroelectric power cost around 30 euros per megawatt-hour, but on certain market days, the price can reach as high as 9,987 euros. The speaker questions why the price of electricity can increase by a factor of 100, while in the oil industry, it only increases by a factor of 10. They suggest that economists, politicians, and technicians should address this issue and explain why such a significant price difference exists. The speaker also criticizes the presence of "parasitic" suppliers in the electricity market who do not contribute to production, transportation, or distribution.

The speaker discusses the impact of the ARENNE, a policy that allows private suppliers to receive a portion of EDF's electricity production. This means that EDF's share of the electricity production becomes smaller, while private suppliers still receive a significant portion. With an increasing number of customers leaving for private suppliers, EDF is left with fewer resources to meet demand. If the law is not changed, EDF will have to buy electricity from the market at a high cost to supply its customers, resulting in significant financial losses. This situation will lead to a loss of customers for private suppliers, who may go bankrupt. EDF will then have to buy back its own electricity from the market at a much higher price, causing substantial financial losses.

In France, the speaker explains that the country operates under a neoliberal system rather than a liberal one. They argue that when financiers cannot win through competition, the government intervenes to manipulate the market so that the financiers always come out on top. This is what will happen with EDF, as the state has mandated that EDF must sell 25% of its production to private suppliers at a cost price of €49 per megawatt-hour. This means that EDF will lose 25% of its profits, allowing private companies to add their margins and make a profit. However, these profits will not be used to maintain the nuclear power plants. The speaker questions why EDF didn't use its existing profits to invest in renewable energy instead. They argue that most of these private suppliers rely on the cheap electricity they obtain from EDF rather than investing in renewables themselves. The speaker clarifies that it is still EDF producing the electricity, but they issue fake ownership titles to private suppliers who then sell it back to consumers at a higher price.

The French government has decided to increase the price of EDF's contracts to be higher than the market price. This has led many individuals, communities, and businesses to sign contracts with other private suppliers who are financially stable and can invest in aggressive marketing. The distribution of electricity from EDF to these private suppliers is based on the number of customers they have. Therefore, these suppliers aim to increase their customer base to obtain more electricity from EDF at a low cost, which they can then resell for a significant profit. To attract new customers, these suppliers purchase electricity from foreign markets, which makes them dependent on market prices. Sometimes the market price is stable, but other times it can skyrocket.

In France, there are anti-nuclear organizations that question the benefits of nuclear power. However, it is clear that Germany is the main beneficiary of this situation. France had a significant economic advantage with its nuclear power, as it provided cheap electricity and a strong industrial sector. Nuclear power is stable and the cost of fuel is minimal compared to the overall production cost. The cost of construction, fuel cycle, including disposal, and decommissioning of nuclear plants are already included in the price of electricity. Despite this, French electricity remains the cheapest in Europe, about half the price of other countries.