France: Senators organize against the dismantling of EDF

The Senate modifies a bill against the "dismantling" of EDF by removing the call for the nationalization of the energy company. A divisive decision that aims to maintain the state's ownership of the company.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The senators groomed Wednesday in committee a text of the socialist deputies against the “dismantling” of EDF, by removing the first article providing for a “nationalization” of the energy company, considered unnecessary in view of the takeover bid initiated by the State.

The bill of the deputy Philippe Brun will be examined next Thursday in first reading in the Senate, with a right-wing majority.

It was adopted at first reading in the National Assembly against the government’s advice, with the support of all the oppositions.

In committee, the senators adopted amendments by the LR rapporteur Gérard Longuet (LR) deleting the nationalization procedure provided for in Article 1, replaced by the objective of a 100% state ownership of EDF’s capital by January 1, 2024.

According to the rapporteur, this “nationalization” is “of no practical use and constitutes a factor of legal insecurity” in the current takeover operation. The courts are due to hand down their decision on May 2 in the battle between small EDF shareholders and the French state, notably over the share buyback price, which is considered too low.

In reaction, the electricians and gas workers claimed Wednesday an “action of putting in sobriety energy momentary” – to understand a voluntary cut of the current – of the parliamentary permanence of Gérard Longuet, in Bar-le-Duc, an action confirmed to the AFP by the direction of Enedis.

The CGT activists also claim the cutting of radars in the Haute-Marne and Meuse, as well as the “shutdown” of a wind farm. In particular, they reproach the senator for having modified article 2 of the bill and thus giving EDF the possibility of “selling its subsidiaries to the private sector”.

As of February 8, “at the provisional closing of the offer”, the State held 95.82% of EDF’s capital.

The text voted by the senators in committee aims to enshrine in law the State’s ownership of EDF, while maintaining the presence of employee shareholders, up to a limit of 2% of the capital.

Another amendment by the rapporteur aims to extend the benefit of regulated electricity sales tariffs to all very small enterprises (VSEs) and small municipalities.

Facing a structural electricity surplus, the government commits to releasing a new Multiannual Energy Programme by Christmas, as aligning supply, demand and investments becomes a key industrial and budgetary issue.
A key scientific report by the United Nations Environment Programme failed to gain state approval due to deep divisions over fossil fuels and other sensitive issues.
RTE warns of France’s delay in electrifying energy uses, a key step to limiting fossil fuel imports and supporting its reindustrialisation strategy.
India’s central authority has cancelled 6.3 GW of grid connections for renewable projects since 2022, marking a tightening of regulations and a shift in responsibility back to developers.
The Brazilian government has been instructed to define within two months a plan for the gradual reduction of fossil fuels, supported by a national energy transition fund financed by oil revenues.
The German government may miss the January 2026 deadline to transpose the RED III directive, creating uncertainty over biofuel mandates and disrupting markets.
Italy allocated 82% of the proposed solar and wind capacities in the Fer-X auction, totalling 8.6GW, with competitive purchase prices and a strong concentration of projects in the southern part of the country.
Amid rising public spending, the French government has tasked two experts with reassessing the support scheme for renewable electricity and storage, with proposals expected within three months.
National operator PSE partners with armed forces to protect transformer stations as critical infrastructure faces sabotage linked to foreign interference.
The Norwegian government establishes a commission to anticipate the decline of hydrocarbons and assess economic options for the country in the coming decades.
Kazakhstan plans to allocate 3 GW of wind and solar projects by the end of 2026 through public tenders, with a first 1 GW tranche in 2025, amid efforts to modernise its power system.
Hurricanes Beryl, Helene and Milton accounted for 80% of electricity outages recorded in 2024, marking a ten-year high according to federal data.
The French Energy Regulatory Commission introduces a temporary prudential control on gas and electricity suppliers through a “guichet à blanc” opening in December, pending the transposition of European rules.
The Carney–Smith agreement launches a new pipeline to Asia, removes oil and gas emission caps, and initiates reform of the Pacific north coast tanker ban.
The gradual exit from CfD contracts is turning stable assets into infrastructures exposed to higher volatility, challenging expected returns and traditional financing models for the renewable sector.
The Canadian government introduces major legislative changes to the Energy Efficiency Act to support its national strategy and adapt to the realities of digital commerce.
Quebec becomes the only Canadian province where a carbon price still applies directly to fuels, as Ottawa eliminated the public-facing carbon tax in April 2025.
New Delhi launches a 72.8 bn INR incentive plan to build a 6,000-tonne domestic capacity for permanent magnets, amid rising Chinese export restrictions on critical components.
The rise of CfDs, PPAs and capacity mechanisms signals a structural shift: markets alone no longer cover 10–30-year financing needs, while spot prices have surged 400% in Europe since 2019.
Germany plans to finalise the €5.8bn ($6.34bn) purchase of a 25.1% stake in TenneT Germany to strengthen its control over critical national power grid infrastructure.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.