Soaring energy prices: “not necessarily a good calculation to wait”, says Emmanuelle Wargon

Small businesses with expiring energy contracts don't "necessarily" have to wait to sign a new offer.

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

Small businesses whose energy contracts are expiring should not “necessarily” wait to sign a new offer, said Monday the president of the Commission for Energy Regulation (CRE) Emmanuelle Wargon while the executive has multiplied the warnings.

The government intends to call to order the energy companies that do not play “sufficiently the game” with SMEs by inflating prices.

They are being convened on Wednesday to sign “a code of conduct” and commit to ensuring “reasonable prices”, especially for small businesses whose contracts are expiring.

If a new contract “presents an incomprehensible increase”, “do not sign!”, has already hammered the Minister Delegate for SMEs Olivia Gregoire to the contractors, while President Emmanuel Macron denounced “crazy prices”.

“I don’t necessarily say, ‘don’t sign’, I say, ‘look carefully at the conditions (…) proposed by the suppliers, compare'” but “it’s not necessarily a good calculation to wait (…) until the last minute until January 1, so as not to find yourself in the situation where you no longer have
contract at all”, estimated the president of the CRE, questioned by BFM Business on the case of SMEs.

“If you are around 400 and 500 euros the megawatt-hour for one year, it is about the market price and there is no reason to wait (…) there you sign,” added the president of the gendarme of the energy market in France, inviting customers to look at “the price in absolute value” rather than
the increase itself.

In France, the surge in energy prices caused by the Russian gas supply crisis has been aggravated by the unavailability of part of the nuclear fleet, with almost half of the reactors shut down, which has weakened electricity production.

According to Emmanuelle Wargon, this price increase reflects “a form of risk premium on the French market that will be there” until all the reactors are back in service, by February, according to the schedule announced by EDF.

“This makes prices very high (…) very volatile, so it is more difficult to understand the prices that suppliers offer,” said the former minister, who believes that however “many (…) make a great effort of transparency (…) to try to protect their customers and make the best prices possible.

Several scenarios are under review to regain control of CEZ, a key electricity provider in Czechia, through a transaction estimated at over CZK200bn ($9.6bn), according to the Minister of Industry.
The government has postponed the release of the new Multiannual Energy Programme to early 2026, delayed by political tensions over the balance between nuclear and renewables.
Indonesia plans $31bn in investments by 2030 to decarbonise captive power, but remains constrained by coal dependence and uncertainty over international financing.
A drone attack on the Al-Muqrin station paralysed part of Sudan's electricity network, affecting several states and killing two rescuers during a second strike on the burning site.
The Bolivian government eliminates subsidies on petrol and diesel, ending a system in place for twenty years amid budgetary pressure and dwindling foreign currency reserves.
Poland’s financial watchdog has launched legal proceedings over suspicious transactions involving Energa shares, carried out just before Orlen revealed plans to acquire full ownership.
The Paris Council awards a €15bn, 25-year contract to Dalkia, a subsidiary of EDF, to operate the capital’s heating network, replacing long-time operator Engie amid political tensions ahead of municipal elections.
Norway’s energy regulator plans a rule change mandating grid operators to prepare for simultaneous sabotage scenarios, with an annual cost increase estimated between NOK100 and NOK300 per household.
The State of São Paulo has requested the termination of Enel Distribuição São Paulo’s concession, escalating tensions between local authorities and the federal regulator amid major political and energy concerns three years before the contractual expiry.
Mauritania secures Saudi financing to build a key section of the “Hope Line” as part of its national plan to expand electricity transmission infrastructure inland.
RESourceEU introduces direct European Union intervention on critical raw materials via stockpiling, joint purchasing and export restrictions to reduce external dependency and secure strategic industrial chains.
The third National Low-Carbon Strategy enters its final consultation phase before its 2026 adoption, defining France’s emissions reduction trajectory through 2050 with sector-specific and industrial targets.
Germany will allow a minimum 1.4% increase in grid operator revenues from 2029, while tightening efficiency requirements in a compromise designed to unlock investment without significantly increasing consumer tariffs.
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.

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.