reSee.it - Related Video Feed

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.

The speakers discuss the importance of successfully transitioning to clean energy and the need for strong decisions. They mention the plan to reduce nuclear power to 50% by 2035, which would involve closing 14 reactors. The first speaker confirms the government's intention to fully own EDF, which would help the company carry out ambitious projects. The second speaker believes that having 50% nuclear power is not a security issue and highlights that France is the only country with 72% of its electricity coming from nuclear sources.

We now have the most expensive electricity in Europe, costing us a fortune because we are tied to the common electricity market. This has led to absurdly high costs, totaling 100 billion euros, which is six times the deficit of the retirement system that was supposed to be filled by making the French work two years longer. This energy cost is 6 times our debt, amounting to 300 billion euros, and could increase by 13 to 14 billion euros if inflation remains at its current level of 7%. To support Radio Courtoisie in producing more independent shows, visit soutenir.radio-courtoisie.fr. Thank you in advance.

In this video, the speaker discusses the energy crisis in France and its connection to Germany. They claim that Germany has declared an economic war against France by promoting wind and gas energy to undermine the French nuclear system. They highlight the role of lobbyists and politicians in this process, accusing them of betraying national interests. The speaker also mentions the infiltration of Greenpeace and WWF into French institutions, further exacerbating the situation. They argue that the French government has been naive and calls for action to address this issue. The speaker dismisses the government's claims that the crisis is due to the conflict in Ukraine and EDF's maintenance failures. They emphasize the need for a comprehensive investigation into these matters.

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.

As winter approaches, an energy emergency is declared across Europe due to soaring energy prices. Since August, energy prices have skyrocketed by over 38%. In France, electricity prices have surpassed €1,000 per megawatt-hour on the wholesale market, compared to around €85 a year ago. The EU is seeking solutions to curb these price hikes, which it partly caused even before imposing sanctions on Russia. The European nuclear power plants, particularly in France, are in a state of advanced decay. Only 24 out of 56 EDF nuclear reactors were operational on September 1st. France, usually self-sufficient and an exporter, is now forced to rely on the European market, contributing to the price surge. The EU's blind and inappropriate sanctions against Russia, along with questionable energy agreements with Azerbaijan, further exacerbate the situation. Members of the Identity and Democracy group have proposed a resolution to protect fiscal sovereignty, European production chains, and implement a raw materials policy to reduce dependence on external suppliers. They also call for a reduction in VAT on electricity, gas, petrol, and oil to alleviate the burden on households and businesses. The European people should not bear the consequences of the EU's ideological decisions.

We are not in trouble because of a lack of energy or amateurs. We need to talk about things. These people are great, but they are inexperienced. Macron has been here for 6 years and didn't think about all this before. We are dependent now, whereas France used to be a leader in electricity. We had the strongest nuclear potential in the world and could export electricity. But now we are begging because we followed Germany's lead. This is not Europe, it's German Europe. The Franco-German relationship is a disaster for France. We need to break free from this imperialism.

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 discusses how the French government is subsidizing the electricity market instead of decoupling it from financial markets. They argue that this decision will have terrible consequences for the country's electricity production and market. The solution proposed is the complete nationalization of EDF and reinvestment in the energy mix. The speaker also suggests the idea of socializing the use of pallet fires as a way to cope with the situation. They encourage viewers to share this information to resist government propaganda and defend their interests. The speaker thanks the Socialize Energy Collective for their support and mentions their goal of advocating for the nationalization of EDF.

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 criticizes the lack of energy and amateurism in France's leadership. They mention that France used to be a leader in electricity production but now relies on other countries. They blame this on following Germany's lead and call it an "idiotic Franco-German couple" where France is the cuckold. The speaker urges France to break free from this imperialism.

Due to the destruction and limited availability of our nuclear reactors, we are now forced to import a significant amount of electricity from Germany, specifically coal-based electricity. This has negatively impacted our industrial competitiveness, trade deficit, and energy sovereignty. I urge President Macron to take action and call on intelligence authorities to investigate the actions of this organization. Additionally, our police and justice system should investigate the presence of these lobbyists within our institutions. The Astrid project, which aimed to promote nuclear energy in France, was abandoned despite already spending 1.6 billion euros. Bill Gates has taken over the project, receiving billions of dollars from the US Department of Energy to develop a fast neutron reactor that can consume nuclear waste. This technology could have provided 1,000 to 2,000 years of energy sovereignty and was far more powerful than current nuclear plants.

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.

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 speaker expresses concern over Germany's influence on France's energy sector, stating that due to the destruction of their nuclear reactors, France is now heavily reliant on importing coal-based electricity from Germany. This has negatively impacted France's industrial competitiveness, trade deficit, and energy sovereignty. The speaker calls for President Macron to take action and urges intelligence agencies, police, and the justice system to investigate the presence of lobbying groups within French institutions. The discussion also touches on the abandoned Astrid project, which aimed to promote nuclear energy in France, and mentions the connection between the anti-nuclear lobby and the wind turbine lobby. It is noted that Bill Gates has taken over the Astrid project, receiving funding from the US Department of Energy to develop a fast neutron reactor technology that could have been a technological advantage for France.

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.

Due to the destruction and limited availability of our nuclear reactors, we are now forced to import a significant amount of electricity from German coal, which negatively impacts our industrial competitiveness, trade deficit, and energy sovereignty. I urge President Macron to take action and call on intelligence authorities to investigate the actions of this organization. Additionally, I ask the French police and justice system to look into the presence of these lobbies within our institutions. The Astrid project, which aimed to promote nuclear energy in France, was abandoned under pressure from Germany. It is worth noting that the anti-nuclear lobby and the wind turbine lobby are one and the same. Despite having already spent 1.6 billion euros on Astrid, the project was canceled by Emmanuel Macron, only to be taken up by Bill Gates, who received billions of dollars from the US Department of Energy to develop a fast neutron reactor capable of consuming nuclear waste. This technology, which we were 30 years ahead in, could have provided 1,000 to 2,000 years of energy sovereignty and had a power output 100 times greater than current nuclear power plants.

Germany should not only avoid shutting down nuclear power plants, but also reopen the ones that have already closed. This is a matter of national security and it is total madness to shut them down. Coal power plants, on the other hand, cause more deaths each year due to their emissions, making them far more dangerous than nuclear power. It's time to realize that playtime is over and take this issue seriously.

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.

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.