this post was submitted on 07 Aug 2023
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Europe

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[โ€“] [email protected] 2 points 1 year ago (3 children)

French electricity prices are not real prices. Look at the debt levels of EdF

[โ€“] [email protected] 3 points 1 year ago (2 children)

You mean the company the french state squished for profit for 2 decades and that during the pandemic has been forced to subsidized electricity prices for everyone?

[โ€“] [email protected] -1 points 1 year ago (1 children)

Yes, that was my point. The electricity prices they charge are not representative of their costs

[โ€“] [email protected] 2 points 1 year ago

Ok but in the opposite direction you suggested

You alluded to the fact it has been subsidized, but it's the opposite, probably the program would be much better if EDF hadn't been treated like a cash cow