Explainer-What Macron means when he says he wants to 'take back control' of French power prices


  • World
  • Wednesday, 04 Oct 2023

FILE PHOTO: Electricity pylons of high-voltage electrical power lines are seen in Bouchain, France, August 1, 2023. REUTERS/Pascal Rossignol/File Photo

PARIS (Reuters) - French President Emmanuel Macron said last week his government would "take back control" of electricity prices by the end of the year, without spelling out what steps he would take.

His comments come as European Union countries are negotiating a reform of how power prices are calculated across the bloc of 27 countries, all struggling to adapt to the supply shock triggered by the war in Ukraine.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Two people hurt in Russian overnight drone on Kyiv, mayor says
Australia says attempted bombing of national day protest was act of terror
Bill Gates says he regrets 'every minute' with Epstein
UN chief calls New START expiration 'grave moment'
Ukraine energy minister warns of more power cuts, possible Russian attacks
Exclusive-US spy chief's office investigated voting machines in Puerto Rico
IOC to thoroughly evaluate dispersed model at Milan-Cortina 2026
Nearly two dozen more prisoners freed in Venezuela, legal rights group says
Mixed doubles curling kicks off Milan-Cortina 2026, briefly halted due to power outage
Spain's wineries eye China market at Barcelona Wine Week

Others Also Read