Macron Pushes for France to Take Control of Electricity Prices Amid Ongoing EU Energy Reform Talks
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Macron wants France to take control of electricity prices amid EU negotiations on reforming how power prices are calculated. This could involve France introducing its own pricing mechanism.
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Macron believes current marginal pricing links electricity prices unfairly to expensive gas rather than France's nuclear plants.
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France wants power prices reflecting the competitive advantage of its nuclear fleet rather than the marginal cost of gas plants.
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Macron's comments are seen as a threat for France to go alone if EU reforms don't satisfy France.
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France is still trying to find a compromise on EU energy reforms, but has support from some countries for its proposal on state aid controls.