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2 April 2008 - EU energy commissioner Andris Piebalgs said regulation of French industrial electricity tariffs after 2010 is 'not possible', reports Thomson Financial.
Speaking to reporters at a visit to French utility group EDF's nuclear power plant in Chooz, France, he said: 'In principle, it is not possible.'
Piebalgs said the French electricity market has to operate in line with other EU member states, such as Germany and Spain.
EDF's president Pierre Gadonneix said, however, that the current tariffs cannot remain as they are. He said he hoped that 'one day' the tariffs could change.
At the end of January, reports said the French government rejected EDF's tariff hike plans for 2008-2010.
EDF had planned on raising rates for commercial customers by nearly 25 per cent over the next three years, daily Les Echos reported, an increase that the government judged excessive.
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