It’s getting scorching within the bakeries due to the prohibitive rise in electrical energy payments. However the authorities’s firemen usually are not credible: they’re additionally the arsonists !

Making an attempt to extinguish a fireplace that has been smoldering beneath the ashes for months and months is a tough, if not unattainable, operation. As proof, the determined explanations of the Prime Minister Elisabeth Borne and the Minister of Financial system, Bruno Le Maire, to attempt to reply to the anguish of bakers going through the unimaginable improve in electrical energy payments. To the purpose of placing at stake the survival of those small craftsmen.

A cautery on a picket leg

Among the many measures introduced by Elisabeth Borne, to assist bakers, they may be capable of ask for the postponement of taxes and social contributions and unfold their payments over a number of months. The top of presidency estimates that the State will be capable of cut back electrical energy payments by about 40%.
As for Bruno Le Maire, he specifies that bakers will be capable of terminate their contracts freed from cost if the power charges are prohibitive!
Small measures that aren’t as much as the problem as a result of, let’s keep in mind, the rise in electrical energy payments for bakers, but in addition for a lot of SMEs is about 5, 10, even 50 occasions increased from one month to a different. Many is not going to survive.

The nuclear park within the doldrums

The rise within the value of power, and of electrical energy specifically, will not be new. It’s the results of an erratic, lax and even silly coverage that successive governments have been pursuing for months, if not years.
To begin with, the rise within the value of electrical energy is because of the calamitous state of the French nuclear fleet. Twenty-six of its fifty-six reactors are shut down for upkeep. The getting older of the reactors was not anticipated. Among the many causes of those shutdowns: a phenomenon of stress corrosion cracking (SCC) comparable to small cracks close to welds on stainless-steel circuits. EDF needed to name on a number of hundred American welders from the corporate Westinghouse.

The European electrical energy market

Whereas France was self-sufficient in electrical energy and even exported it, it now has to purchase its electrical energy at excessive costs on the European market. The EU has opened up nationwide markets to competitors, linked by a European electrical energy transmission community frequent to 35 nations. The European market is “managed” by an change, EPEX Spot SE
the place producers and merchants negotiate the worth per MWh.
It ought to be famous that the worth of electrical energy is calculated on the worth of gasoline, since it’s gas-fired energy vegetation that produce electrical energy in lots of nations.

The warfare in Ukraine

And so the Russian-Ukrainian warfare enters the dance. Since February 24, 2022 and the sanctions utilized to Russia by the US and Western nations, gasoline has change into scarcer. Particularly since on September 27, 2022, the 2 pipelines carrying Russian gasoline to Europe had been destroyed within the Baltic Sea.
The boomerang impact, households, bakers, companies are experiencing it right now. Cruelly.
Who mentioned a number of months in the past: “We’re going to trigger the collapse of the Russian financial system? A pyromaniac firefighter who would really like right now to extinguish a fireplace that neither he nor anybody else actually controls.

Bruno Le Maire: “Je demande aux fournisseurs d’énergie de faire plus, de faire mieux et de le faire tout de suite” pic.twitter.com/Ig9mhka1Qo

— BFM Enterprise (@bfmbusiness) January 3, 2023

Borne demande aux énergéticiens d’étaler le paiement des factures, les entreprises pourront demander un report du paiement de leurs impôts et de leurs cotisations.
RIDICULE ! Les PME feront faillite si on ne kind pas du marché européen de l’électricité 😡pic.twitter.com/FPHngNXxXD

— Carėne Tardy (@Carene1984) January 3, 2023

Vitality costs : “France is penalized by the European system