Parliament votes to extend regulated electricity tariffs

On 3 April, the Senate voted in public session on third reading of the draft law designed to protect EDF from possible dismemberment. The text remains unchanged from the version adopted by the National Assembly in February, paving the way for its promulgation. The text adopted provides for the conclusion of a ten-year contract, renewed every three years, between the State and EDF, setting out ‘the objectives assigned to the company in terms of financial trajectory, investment, decarbonisation of electricity production, controlling prices for households and businesses, and adapting production capacity to changes in electricity demand’. It also extends the regulated sales tariffs to all very small businesses and municipalities with fewer than 25,000 inhabitants from 1 February 2025.