Will energy supplies be threatened this winter?

by time news
Ten member countries of the European Union have thus triggered their first level of alert with regard to their gas supply. REUTERS / Kacper Pempel

THE CHEKING PROCESS – The directors of Engie, EDF and TotalEnergies have called on the French to reduce their energy consumption in view of the winter, which will be affected by the invasion of Ukraine.

In a column published by The Sunday newspaper June 26, the three French energy companies sounded the alarm regarding the energy supply for the winter of 2022-2023. According to Catherine MacGregor, Managing Director of Engie, Jean-Bernard Lévy, Chairman and Chief Executive Officer of EDF, and Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies, the French must make an effort “immediate, collective and massiveto reduce their energy consumption, starting now. “Every gesture counts“, they insist again.

The war in Ukraine has greatly complicated the energy equation since the channels for importing oil and gas from Russia have dried up. In recent weeks, Western and especially European countries have explored the various options for coping with winter without running out of energy.

At the end of last week, ten member countries of the European Union thus triggered their first level of alert with regard to their gas supply. Germany has also decided to make greater use of its coal-fired plants in order to be able to compensate for the lack of gas. A real renunciation, while the country had plans to permanently phase out coal by 2030. France also had to announce that it planned to relaunch its coal-fired power plant in Saint-Avold in the winter.

This decision, as well as the platform of the three energy companies, raises the question of the solidity of the French strategy in the months to come. So should we expect serious supply problems this winter?

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