France To Slap Power Suppliers on Wrist For Doing Too Much ...Middle East

OILPRICE - Economy
France To Slap Power Suppliers on Wrist For Doing Too Much
source : OILPRICE ( Middle East ) () 48
France is discovering the hard way that having too much of a good thing—say, electricity—isn’t always cause for celebration. The country’s grid operator, RTE, has issued a sharp-tongued warning to power suppliers and traders who’ve been flouting basic rules and fanning an already toasty power glut. In a letter dated April 11, RTE called out near-daily breaches that are throwing the country’s energy balance into chaos and triggering pricey emergency measures. Why the drama? Picture a grid groaning under a tidal…

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