EDF wants long term gas supply contracts at a group level while leaving power purchase and supply arrangements to its national subsidiaries. This signals both that a pan-European market for gas is likely to develop before power and that smaller companies will find it increasingly difficult to procure gas competitively.
The French government is seeking parliamentary approval for its energy bill, offering the sweetener of a capped electricity price for business. Such price caps would be firmly against the spirit of the Second European Electricity Directive.
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