L R AS Published on Monday 18 September 2023 - n° 457 - Categories:News of the Month
Highlights of the week to 17 September
Highlight :
The State of the European Union speech showed better than anything what the Commission has become: a self-satisfaction that will stun economic and social players who are facing serious worries, especially from China. Photovoltaic manufacturers in the European industry will be curious to know that the President remembers the invasion of Chinese panels around 2010, but that she is not announcing anything, even though they are in a comparable situation.
They will be astonished that a committee of enquiry has been set up into Chinese practices in the field of electric vehicles, when their habit is to develop an economic sector extensively and then invade foreign competitors at low cost. By the time the Commission has established this method, manufacturers will have something to worry about.
Having failed to come up with any response to China's attitude, which was its primary role, the Commission has taken it upon itself to look after Europeans, by introducing directives, standards and administrative measures.
A look at the State of the Union speech
1st important point :
. Installing panels on your balcony to reduce your electricity bill is a phenomenon that no one had anticipated.
. Plug-in solar devices a big hit in Germany
2nd point :
. The CRE has just given its opinion on the cost of nuclear energy. However, given the political, social and economic consequences, the study remains confidential. We only know that the Arenh price will be closer to €100 per MWh (compared with €42).
. What is CRE's opinion on the nuclear - renewable energies debate?
3rd point (subsidiary) :
In three countries, demand for storage rose sharply in the first half of 2023. To limit electricity bills? To conserve the energy produced? To cope with the vagaries of the weather? Storage is changing consumers' day-to-day behaviour
. The increase in demand for storage in Germany, Italy, the United States, etc. is a clear sign that the energy sector is changing.
Other interesting points : .
. Tenth week of recovery in silicon prices
