popular articles

Fuel distributors: government calls for solidarity

The French government is asking fuel distributors to show solidarity by extending sales at cost to control fuel prices. What's more, the French Minister for Energy Transition, Agnès Pannier-Runacher, is encouraging the transition to electric vehicles to reduce fuel costs and environmental impact.

Please share:

The government will be calling a meeting of fuel distributors on Tuesday to ask them to “make an effort to show solidarity”, in particular by extending sales at cost, Minister Agnès Pannier-Runacher said on Saturday.

Government call for solidarity from fuel distributors to control prices

“I’ll call a meeting next Tuesday”. TotalEnergies and other distributors, and “I’m asking them to make an effort to show solidarity”, said the Minister for Energy Transition on France Inter, as gasoline prices have in some cases risen back above the 2 euros per liter mark.

“Some distributors have carried out operations at cost price (…) and I will ask them to extend this type of operation, because I think that the French do not have the space to pay more for fuel, and that this is not the kind of subject on which these players need to make a large margin”, added Mrs Pannier-Runacher.

In the midst of a recovery in oil prices, underpinned by voluntary production cuts in Saudi Arabia and Russia, French Economy Minister Bruno Le Maire asked leading distributor TotalEnergies on Thursday to extend its capping of all fuels at 1.99 euros per liter beyond December 31, 2023. Bruno Le Maire also opposed the idea of a tax rebate, which he deemed “not fiscally responsible”.

Agnès Pannier-Runacher calls for a shift from fossil fuels to electric vehicles

“What’s driving up the bill for the French? Fossil fuels. What’s disrupting the climate? Fossil fuels. So there’s an urgent need to get out of fossil fuels,” Agnès Pannier-Runacher went on to say.

Conversely, 10,000 km in an electric car represents “1,000 euros in fuel savings”, stressed the Minister, while admitting that the purchase of these vehicles remains “too expensive”.

“With the ecological bonus, the scrappage bonus, we’re working to lower the price of access to electric cars, and I want to further strengthen the ecological bonus so that households with average incomes can afford this car,” she added.

The Minister also cited the planned introduction of “leasing at 100 euros (…) per month”, without however announcing any details on the timetable for this complex measure, a campaign promise by President Emmanuel Macron.

Why does it matter?

This initiative by the French government underlines the growing concern about high fuel prices and the environmental impact of fossil fuels. It aims to keep fuel accessible to the public and accelerate the transition to more environmentally-friendly vehicles. Discussions with the oil industry and incentives for the adoption of electric vehicles are evidence of the government’s efforts to address current economic and environmental concerns.

Register free of charge for uninterrupted access.

Publicite

Recently published in

British Prime Minister Keir Starmer has announced an additional £200 million in funding to support the conversion of the Grangemouth industrial site in Scotland, which is set to close this summer.
South Africa’s public utility Eskom has announced large-scale power cuts following failures at three coal-fired power plants. The situation highlights the company’s ongoing challenges in managing the national electricity grid.
South Africa’s public utility Eskom has announced large-scale power cuts following failures at three coal-fired power plants. The situation highlights the company’s ongoing challenges in managing the national electricity grid.
The South African government is urging the acceleration of oil exploration in the offshore Orange Basin, shared with Namibia, to reduce the country’s energy dependence.
The South African government is urging the acceleration of oil exploration in the offshore Orange Basin, shared with Namibia, to reduce the country’s energy dependence.
The Senegalese government has launched the National Energy Pact to expand electricity access to an additional 6.6 million people by 2030. The plan focuses on strengthening infrastructure, regional integration, and private investment.
The Senegalese government has launched the National Energy Pact to expand electricity access to an additional 6.6 million people by 2030. The plan focuses on strengthening infrastructure, regional integration, and private investment.
EDF has signed nine letters of intent with energy-intensive industries, aiming for long-term electricity contracts totalling more than 12 terawatt-hours per year, backed by its nuclear fleet, with implementation planned from 2026.
The U.S. Department of Energy has suspended seven energy efficiency standards targeting household products. This decision, impacting devices such as gas water heaters, has sparked debates over the economic and environmental consequences of the new rules.
The U.S. Department of Energy has suspended seven energy efficiency standards targeting household products. This decision, impacting devices such as gas water heaters, has sparked debates over the economic and environmental consequences of the new rules.
The province of Quebec is investing nearly $7.8 million to support six projects focused on critical and strategic minerals, thus advancing research to strengthen energy independence.
The province of Quebec is investing nearly $7.8 million to support six projects focused on critical and strategic minerals, thus advancing research to strengthen energy independence.
France proposes the creation of a European Decarbonization and Electrification Bank to support industrial companies facing the costs of energy transition. The project, backed by Bercy, aims for long-term financing and will be discussed at upcoming European Council meetings.
France proposes the creation of a European Decarbonization and Electrification Bank to support industrial companies facing the costs of energy transition. The project, backed by Bercy, aims for long-term financing and will be discussed at upcoming European Council meetings.
Paris supports maintaining regulated electricity tariffs for households and very small businesses despite criticism from the Competition Authority. A report sent to Brussels highlights their role in stabilizing the market.
A network of anti-competitive agreements and corruption surrounding electrification in Réunion is bringing eight individuals and two companies to trial in May. Practices that distorted public tenders have already led to several convictions and financial penalties.
A network of anti-competitive agreements and corruption surrounding electrification in Réunion is bringing eight individuals and two companies to trial in May. Practices that distorted public tenders have already led to several convictions and financial penalties.
Europe's energy transition is driving a structural transformation of the electricity grid, exposing the market to new vulnerabilities. A study by Compass Lexecon highlights three strategic levers to ensure supply stability amid geopolitical pressures and market volatility.
Europe's energy transition is driving a structural transformation of the electricity grid, exposing the market to new vulnerabilities. A study by Compass Lexecon highlights three strategic levers to ensure supply stability amid geopolitical pressures and market volatility.
The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Qatar Fund for Development (QDF) have signed a $100 million financing agreement to connect the Gulf power grid with Oman. This strategic project, with a total cost exceeding $700 million, aims to enhance regional energy security and efficiency.
The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Qatar Fund for Development (QDF) have signed a $100 million financing agreement to connect the Gulf power grid with Oman. This strategic project, with a total cost exceeding $700 million, aims to enhance regional energy security and efficiency.
Liberia Electricity Corporation (LEC), in partnership with the European Union and other financial institutions, has launched the Liberia Energy Efficiency and Access Project (LEEAP). With a budget of €107 million, this initiative aims to improve electricity access and energy efficiency in the country.
Energy Minister Marc Ferracci reaffirmed his opposition to reopening the debate on oil exploration in France. Despite proposals from Overseas Minister Manuel Valls, the government is prioritizing a decarbonization strategy aligned with its international commitments.
Energy Minister Marc Ferracci reaffirmed his opposition to reopening the debate on oil exploration in France. Despite proposals from Overseas Minister Manuel Valls, the government is prioritizing a decarbonization strategy aligned with its international commitments.
Donald Trump has signed a decree creating a National Council for Energy Dominance, aimed at massively increasing electricity production. The goal is to strengthen the United States’ competitiveness in artificial intelligence (AI), a rapidly expanding and energy-intensive sector.
Donald Trump has signed a decree creating a National Council for Energy Dominance, aimed at massively increasing electricity production. The goal is to strengthen the United States’ competitiveness in artificial intelligence (AI), a rapidly expanding and energy-intensive sector.
*Thames Water, a major water supplier in the UK, is facing an environmental investigation over growing concerns regarding its waste management and leaks. This situation raises significant financial stakes for the company.*
*Thames Water, a major water supplier in the UK, is facing an environmental investigation over growing concerns regarding its waste management and leaks. This situation raises significant financial stakes for the company.*
The Medef and thirteen other European employers' organizations launch an initiative to support the nuclear sector in the EU, in response to increasing competitiveness challenges exacerbated by international politics and global economic tensions.
France will invest €100 billion to modernize its power grid by 2035. However, the impact on consumer bills will be limited, according to the network manager RTE.
France will invest €100 billion to modernize its power grid by 2035. However, the impact on consumer bills will be limited, according to the network manager RTE.
The Watt For Change Foundation and the French Development Agency are joining forces to support three initiatives aimed at improving access to renewable energy in Benin, Mauritania, and Madagascar. A €860,000 three-year partnership dedicated to assisting local associations.
The Watt For Change Foundation and the French Development Agency are joining forces to support three initiatives aimed at improving access to renewable energy in Benin, Mauritania, and Madagascar. A €860,000 three-year partnership dedicated to assisting local associations.
The Tanzanian government plans to invest $12.9 billion to add 2.4 GW to its power grid by 2030. This funding aims to expand electricity access to 75% of the population, with significant participation from the private sector.
The Tanzanian government plans to invest $12.9 billion to add 2.4 GW to its power grid by 2030. This funding aims to expand electricity access to 75% of the population, with significant participation from the private sector.
At the World Summit on Artificial Intelligence in Paris, Emmanuel Macron highlighted nuclear energy as a power source for technological infrastructures, countering Donald Trump's plans to massively expand oil drilling in the United States.
Canada will need to build energy infrastructure on an unprecedented scale to meet the federal government's goal of eliminating greenhouse gas emissions from the electricity sector by 2050. A major technical and economic challenge marked by delays and significant costs.
Canada will need to build energy infrastructure on an unprecedented scale to meet the federal government's goal of eliminating greenhouse gas emissions from the electricity sector by 2050. A major technical and economic challenge marked by delays and significant costs.
The majority of countries have not submitted their new climate roadmaps to the UN before the February 10 deadline. This delay raises questions about the priorities of major economies amid geopolitical shifts and economic uncertainty.
The majority of countries have not submitted their new climate roadmaps to the UN before the February 10 deadline. This delay raises questions about the priorities of major economies amid geopolitical shifts and economic uncertainty.
Joseph Saddi is the new Minister of Energy in Lebanon. He inherits a sector weakened by reliance on imports and failing infrastructure, while international partnerships struggle to restart oil and gas exploration.
Joseph Saddi is the new Minister of Energy in Lebanon. He inherits a sector weakened by reliance on imports and failing infrastructure, while international partnerships struggle to restart oil and gas exploration.

Advertising