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2:20 p.m. : The President of the European Commission, Ursula von der Leyen, claimed that a cap on super-profits would bring in 140 billion euros to member states. Thierry Bros, energy specialist and professor at Sciences Po Paris, says he is not “sure that this is very interesting for us to get out of the crisis”.
2:12 p.m. : It is 2 p.m., here are the main titles:
European Commission President Ursula von der Leyen has proposed capping windfall profits for energy companies. At 3:30 p.m., Prime Minister Elisabeth Borne will speak on the energy crisis.
• A procession to carry the Queen’s coffin to Westminster will leave Buckingham Palace at 3:22 p.m. (French time). The coffin will enter Westminster at 4 p.m. sharp. Follow our live.
The European Court of Human Rights (ECHR) has ordered France to re-examine requests for the repatriation of French detained in jihadist prison camps in Syria.
• The progression of the Saumos fire (Gironde) has slowed down, according to the sub-prefect. The flames have already destroyed 3,650 hectares of vegetation.
12:42 p.m. : Agnès Pannier-Runacher, Minister for Energy Transition, announced that EDF had undertaken to restart all 32 reactors currently shut down this winter. For nuclear energy specialists, this schedule will be difficult to sustain. Explanations from our journalists Quang Pham and Brice Le Borgne.
12:07 : Let us recall the main information of this Wednesday:
The European Court of Human Rights has ordered France to re-examine requests for the repatriation of French detained in jihadist prison camps in Syria.
European Commission President Ursula von der Leyen has proposed capping windfall profits for energy companies. At 3:30 p.m., Prime Minister Elisabeth Borne will speak on the energy crisis.
• The fire in Saumos (Gironde) is not yet under control, and has now destroyed 3,650 hectares.
Six departments in the Southeast are on orange alert. Météo France is forecasting thunderstorms accompanied by heavy rainfall this afternoon.
11:00 : “The risk of cuts cannot be totally excluded, but it could be avoided by lowering national consumption by 1 to 5% in the majority of cases, and up to 15% in the most extreme weather situations.”
RTE foresees a risk “increased” tensions over the electricity supply this winter, but the judge “manageable”. To pass the winter without problems, the network manager calls for a “strong mobilization” for energy saving.
09:47 : The announcement of the creation of a European hydrogen bank, made in perfect French, was applauded for a long time by the deputies. This energy is often presented by politicians as an alternative to hydrocarbons, but as this article reminds us, it is not so easy to produce it.
09:42 : The announcement of a reform of the European electricity market was also eagerly awaited. For now, energy prices are coupled to the most expensive energy (and therefore gas at the moment). The idea, a decoupling of the prices of nuclear power and renewables from that of gas, is however not validated by all the Member States. The Scandinavian countries, unlike France, are strongly opposed to reform. The talks are going to be tough.
09:33 : Speaking of the energy crisis, Ursula von der Leyen recalls “significance” of the European Green Deal. This agreement between the Twenty-Seven aims to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels, and to achieve carbon neutrality by 2050.
09:45 : The electricity market will be reformed “in depth”, suggests Ursula von der Leyen, who wants to come back to the order of merit rule, which means that the price of the KWh is set by the most expensive source of production. It also wants to limit price variability within the same day.
09:33 : This was the most anticipated announcement of the day. Do not look for the word “tax” or “tax” in Ursula von der Leyen’s proposal on the “capping” of super-profits, it was necessary to convince all the European countries of the merits of the proposal, including the France.
09:45 : Ursula von der Leyen also announces the creation of a “task force” to think about ways to reduce the price of gas.
09:44 : The President of the European Commission proposes to cap “revenues of companies that produce electricity at low cost”and an “crisis contribution” fossil fuel producers. It hopes to release 140 billion euros. “It is difficult to accept that some benefit from the war and make mega-profits on the backs of the citizens”she judges.
09:44 : #EUROPE She calls on the European Union to follow the example of Europeans who are adapting to the lack of energy, citing in particular ceramic factory workers in Italy “who have decided to work early in the morning to benefit from lower prices”.
09:44 : Ursula von der Leyen begins to address the energy crisis. She believes that the gas market “does not work anymore” and that Russia “manipulates” to punish Europe for its support for Ukraine: “They would rather burn their gas than send it to Europe.”
09:04 : The President of the European Commission Ursula von der Leyen will speak in a few minutes, in front of the European Parliament in Strasbourg, as part of her annual address on the state of the Union. It should unveil strong measures to counter the surge in energy prices, but also address the issue of the war in Ukraine. It is possible to follow the speech live, and in French, directly here or on channel 27 of your television.
12:04 : European Commission President Ursula von der Leyen will present emergency measures to combat rising energy prices in a speech at 9 a.m., which we will follow live. At 3:30 p.m., Prime Minister Elisabeth Borne will speak on the same subject.
• The fire in Saumos (Gironde) is not yet under control, and has now destroyed 3,500 hectares.
Olympique de Marseille lost at home against Frankfurt in the Champions League (1-0), and is already in trouble in last place in its group.
09:00 : “There must be no increases in gas and electricity prices for businesses, communities and households”, claims the leader of the Communist Party Fabien Roussel on franceinfo. He also wants a reform of the energy pricing system in Europe, which should be one of the subjects of Ursula von der Leyen’s speech.
08:32 : The government is planning an increase of at least 10% in regulated gas and electricity prices next year, we learned from concordant sources. According to our information, the number of beneficiaries of the energy check, now paid to six million people, will be increased. Recall that Elizabeth Borne will speak at 3:30 p.m. about the energy crisis.