Robert Besser
29 Jun 2022, 17:41 GMT+10
PARIS, France: Amidst shortages and soaring prices caused by Russia's invasion of Ukraine and subsequent supply cuts, the heads of three French energy companies have called upon the public to immediately reduce their consumption of fuel, oil, electricity and gas.
In a joint statement published in the French weekly Journal du Dimanche, the heads of TotalEnergies, EDF and Engie said, "The effort must be immediate, collective and massive. Every gesture counts."
After several European Union countries imposed sanctions on Moscow following its invasion, Russia has cut or shut off gas supplies, in retaliation.
Unlike other European countries, France is attempting to build up its gas reserves for winter by early autumn, in a bid to avoid an economic and political crisis.
"Taking action in the summer will prepare us for winter," the energy company heads said.
Other pressures are also affecting electricity production in Europe, along with reductions in hydroelectric production due to drought.
"The soaring energy prices are a result of these difficulties that threaten our social and political cohesion and have a heavy impact on purchasing power of families," the statement stressed.
According to French media reports, which cited a statement from the Ministry of Energy Transition, the French government plans to restart a coal-fueled power plant located in the eastern Moselle region to meet the country's winter electricity needs.
As part of the plan of President Emmanuel Macron to protect the environment and prevent climate change, all coal-fueled power plants were to be closed by the end of the year, including the power plant in Saint-Avold in March.
With one coal-fueled power plant in France remaining open, radio station RTL France reported, citing the ministry's statement, that the Saint-Avold restart would be temporary, given the "situation in Ukraine" and the "uncertainty of the energy markets."
No Russian coal will be used at the plant and France would still remain below 1 percent of coal-produced electricity, the statement added.
Get a daily dose of Venezuela Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Venezuela Star.
More InformationWASHINGTON D.C.: Providing relief to drivers in the United States, the average retail gasoline price in the US fell below ...
NEW YORK CITY, New York: Walmart could sign a deal with Disney, Paramount, or Comcast, with the aim of breaking ...
MILAN, Italy: Milano Today has reported that seven years after launching in the country, American pizza giant Domino's has now ...
NEW YORK, New York - U.S. investors again plowed into stocks on Friday, many convinced inflation has peaked."Markets certainly got ...
TOKYO, Japan: Toyota has advised the owners of its BZ4X electric SUV to stop driving their vehicles and return them ...
WASHINGTON D.C.: The U.S.Department of Justice is reportedly preparing to sue Google as soon as next month, claiming that the ...
ZAGREB, Croatia: Authorities have said that a weekend bus crash near Varazdin in Croatia killed 12 passengers and injured 32.The ...
WASHINGTON D.C.: The U.S. will participate in a joint military exercise in mid-October with India, less than 62 miles from ...
SEOUL, South Korea: South Korea has launched a domestically manufactured lunar orbiter that took off from Florida's Cape Canaveral Space ...
MOSCOW, Russia: A leading Russian scientist in the field of hypersonic flight, Dr. Alexander Shiplyuk, has been arrested on suspicion ...
LOS ANGELES, California: During a meeting that was disrupted by protesters this week, the Los Angeles City Council voted to ...
WASHINGTON D.C.: The U.S. Justice Department announced this week that former Puerto Rico governor Wanda Vazquez has been arrested in ...