France is considering an over-the-counter energy market for businesses

The government is considering the possibility of establishing an over-the-counter energy market between companies, which could resell to each other what they have not consumed on the model of CO2 emission rights in Europe, has indicated Monday the Minister of Industry Roland Lescure. “We are looking to see if we can take inspiration from systems that already exist for what are called ETS, that is to say the rights to emit CO2”, said Roland Lescure on BFM Business on Monday.

At the “exploratory level”

The European carbon market aimed at reducing CO2 emissions, also called an emissions trading system or a tradable emissions system (Emissions Trading Schemes, ETS), provides for manufacturers to receive or buy emissions that they can exchange with each other.

This system could be applied “to manufacturers who are used to using this kind of instrument” in order to “limit gas consumption”, said Roland Lescure, emphasizing nevertheless that it is only at the “exploratory level ” on the subject. “We are giving ourselves a few weeks to explore all the instruments available”, in order to reduce gas and electricity consumption in the country, he said. “In September and early October, we will put in place instruments that will reduce consumption in a slightly more restrictive way if we have to get there,” he also warned.

Reduced temperatures to 19 degrees

“In the meantime, we hope that we will do most of the effort alone, on our own,” declared the minister, specifying that he believed in “individual responsibility” and “general mobilization” to save energy while avoiding “shutdown of factories”. Citing the example of furnaces in the glass industry, where “the gas supply cannot be stopped”, he wanted the service sector to “do its job” and reduce temperatures everywhere to 19 degrees to save energy. energy.

France has set itself the goal of reduce its energy consumption by 10% in two years. “If we applied the law today (on temperature limits in offices and administration for example, editor’s note), we would save 14 TWh of gas”, or “almost what we want to do”, noted the minister.

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