Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

EDF : Welcome interventionism for the acceptability of price hikes

>The level of power market price are becoming a political headache - On 30 September, an eternity ago, Premier Minister Jean Castex announced a “tariff shield” on electricity prices which consisted of passing on the increase in market prices on EDF’s regulated blue tariffs, albeit passing on only a share of it to end-clients via offsetting any increase above 4% by a reduction in tax. At the time, electricity market prices were already at an all-time high at € 130/MWh,...
Underlying
Electricite de France SA

Electricite de France is an integrated energy company with a presence in a range of electricity-related businesses: nuclear, renewable and fossil-fuel fired energy production, transmission, distribution, marketing as well as energy management and efficiency services, along with energy trading. Co. is an integrated energy company engaged in all aspects of the energy business: generation, transmission, distribution, supply and trading of energies. Co. is an electricity operator in France and abroad. The breakdown used by Co. for its activities is as follows: France; United Kingdom; Italy; Other International; and Other activities.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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