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HomeBusinessGas, electricity: the double penalty for French companies

Gas, electricity: the double penalty for French companies

Author- htnewz
March 15, 2022




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Soaring prices have a strong impact on companies. The explanations of the president of the association of large industrial consumers.

Installations at GTRgaz, the first arrival station for Russian gas on French territory.
Installations at GTRgaz, the first arrival station for Russian gas on French territory.
© NICOLAS Thierry / MAXPPP / PHOTOPQR/LE REPUBLICAIN LORRAIN



Gas, electricity: the double penalty for French companies

By Olivier Ubertalli

Published on 03/15/2022 at 10:00 a.m.


PFor many French companies, energy bills have already increased since the start of the war in Ukraine. Before Covid, the price of gas hovered around 15 euros per kilowatt hour (kWh). Today, it fluctuates between 100 and 200 euros per kWh. We are thus witnessing an extreme volatility of the price. On Wednesday March 9 alone, it fell by 25%. It is estimated that around 45% of the gas imported by the European Union comes from Russian deposits.

French manufacturers are used to buying their gas on the futures markets. “For 2022, companies…

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