A) Regulated tariffs costs covered by a bill as of September 30th 2011
Source : Analysis: CRE
* According to the Eurostat definitions on types of clients:
Dc : Household client with consumption of 2500-5000 MWh Ib : Industrial client with consumption of 20-500 MWh Ig : Industrial client with consumption of 20 000-70 000 MWh
**Note: VAT is excluded from the costs for the yellow tariffs and green A tariffs.
Type of client Ib* at yellow tariff
8,6%
2,9%
4,1%
40,8%
43,6%
Type of client Ig* at green tariff*
24,3%
56,5%
1,8%
6,2% 11,2%
Type of client Dc* at bleu residential tariff
6,3%
Type of client Ib* at yellow tariff
8,6%
2,9%
4,1%
40,8%
43,6%
Type of client Ib* at yellow tariff
8,6%
2,9%
4,1%
40,8%
43,6%
Type of client Ig* at green tariff*
24,3%
56,5%
1,8%
6,2% 11,2%
Type of client Ig* at green tariff*
24,3%
56,5%
1,8%
6,2% 11,2%
Type of client Dc* at bleu residential tariff
6,3% Type of client Dc* at bleu residential tariff
6,3%
B) Electricity retail regulated tariffs evolution
Date Blue tariffs Yellow tariffs Green tariffs
16th August 2008 + 2% + 6% + 8%
15th August 2009 * + 1,9% + 4% + 5%
15th August 2010 * + 3,2% + 4,5% + 5,5%
1st July 2011 + 1,7% + 3,2% + 3,2%
*Average increase taking into account the structural tariffs’ movement.
Source : Analysis: CRE Evolution of the regulated tariffs (no taxes included)
(local taxes, CSPE, VAT) in Euros 2010)
On the basis on the EDF client portfolio at the end of 2010
40
janv.-94 janv.-95 janv.-96 janv.-97 janv.-98 janv.-99 janv.-00 janv.-01 janv.-02 janv.-03 janv.-04 janv.-05 janv.-06 janv.-07 janv.-08 janv.-09 janv.-10 janv.-11
Time Separation of CSPE from
tariffs (-3,7€2010/MWh)
Separation of CTA from tariffs (-1,3€2010/MWh)
Evolution of the regulated tariffs (no taxes included) (local taxes, CSPE, VAT) in Euros 2010)
On the basis on the EDF client portfolio at the end of 2010
40
janv.-94 janv.-95 janv.-96 janv.-97 janv.-98 janv.-99 janv.-00 janv.-01 janv.-02 janv.-03 janv.-04 janv.-05 janv.-06 janv.-07 janv.-08 janv.-09 janv.-10 janv.-11
Time Separation of CSPE from
tariffs (-3,7€2010/MWh) Separation of CTA from tariffs (-1,3€2010/MWh)
C) Evolution of a regulated tariff annual bill
The annual bill is given for an average consumer at Blue tariff Base for 6kVA power level subscribed (2 400 KWh of consumption, and for an average consumer at Blue tariff Peak/Off Peak for 9 kVA power level subscribed (8 500 KWh consumption, 54% Peak and 46% Off Peak). The bill covers the regulated tariff, the CSPE, the CTA, the local taxes and the VAT.
Evolution of an annual electricity bill for an average consumer at tariff Base 6 kVA
0 50 100 150 200 250 300 350 400
15/08/2006 15/08/2007 15/08/2008 15/08/2009 15/08/2010 01/01/2011 01/07/2011
Evolution of an annual electricity bill for an average consumer at tarif Peak/OffPeak 9 kVA
0 200 400 600 800 1000 1200
15/08/2006 15/08/2007 15/08/2008 15/08/2009 15/08/2010 01/01/2011 01/07/2011
Source : Analysis: CRE
€ TTC/an
€ TTC/an
D) Price comparison as of September 30th 2011
There are 2 types of offers that exist on the market:
- Regulated tariffs
- Market prices, either indexed to the regulated tariffs, either fixed prices independent from the regulated tariffs.
Price comparison for a 6kVA Base consumer
*Fixed price offers for the validity period of the contract and revised once the contract expired.
** Prices indexed to the regulated tariffs, except the Off Peak.
Comparaison for a household customer with the following characteristics :
• Power level of 6 kVA,
• Annual consumption of 2 400 KWh Base
• Based in Paris
Bill VAT included, discounts excluded. Source: Comparateur d’offres energie-info
Supplier’s logo:
Name of offer: Regulated price Price difference
to the regulated prices Regulated price Annual bill estimation 363€/year
Source: Comparateur d’offres énergie-info
- 5%
379 €/year 391 €/year
+ 7,7%
Comparaison for a household customer with the following characteristics :
• Power level of 6 kVA,
• Annual consumption of 2 400 KWh Base
• Based in Paris
Bill VAT included, discounts excluded. Source: Comparateur d’offres energie-info
Supplier’s logo:
Name of offer: Regulated price Price difference
to the regulated prices Regulated price Annual bill estimation 363€/year
Source: Comparateur d’offres énergie-info
- 5%
379 €/year 391 €/year
+ 7,7%
Price comparison for a 9kVA Peak/Off Peak consumer
*Fixed price offers for the validity period of the contract and revised once the contract expired.
** Prices indexed to the regulated tariffs, except the Off Peak.
- 5,0%
1031 €/year 1069 €/year
**Offre
1142 €/year 1180 €/year
+ 8,7%
Comparaison for a household customer with the following characteristics:
• Powel level of 9 kVA,
• Annual consumption of 8 500 KWh Peak/OffPeak
• Based in Paris
Bill VAT included, discounts excluded Source: Comparateur d’offres énergie-info
Offre 100%
Pur jus HP/HC
Planet Elec HP/HC
*AlpEnergie prix Fixe HP/HC
Name of offer: Regulated tariffs Price difference to the
regulated tariff Regulated tariff Annual bill estimation 1085€/year
% of green energy 100 %
1031 €/year 1069 €/year
**Offre
1142 €/year 1180 €/year
+ 8,7%
Comparaison for a household customer with the following characteristics:
• Powel level of 9 kVA,
• Annual consumption of 8 500 KWh Peak/OffPeak
• Based in Paris
Bill VAT included, discounts excluded Source: Comparateur d’offres énergie-info
Offre 100%
Pur jus HP/HC
Planet Elec HP/HC
*AlpEnergie prix Fixe HP/HC
Name of offer: Regulated tariffs Price difference to the
regulated tariff Regulated tariff Annual bill estimation 1085€/year
% of green energy 100 %
1031 €/year 1069 €/year
**Offre
1142 €/year 1180 €/year
+ 8,7%
Comparaison for a household customer with the following characteristics:
• Powel level of 9 kVA,
• Annual consumption of 8 500 KWh Peak/OffPeak
• Based in Paris
Bill VAT included, discounts excluded Source: Comparateur d’offres énergie-info
Offre 100%
Pur jus HP/HC
Planet Elec HP/HC
*AlpEnergie prix Fixe HP/HC
Name of offer: Regulated tariffs Price difference to the
regulated tariff Regulated tariff Annual bill estimation 1085€/year
% of green energy 100 %
1031 €/year 1069 €/year
**Offre
1142 €/year 1180 €/year
+ 8,7%
Comparaison for a household customer with the following characteristics:
• Powel level of 9 kVA,
• Annual consumption of 8 500 KWh Peak/OffPeak
• Based in Paris
Bill VAT included, discounts excluded Source: Comparateur d’offres énergie-info
Offre 100%
Pur jus HP/HC
Planet Elec HP/HC
*AlpEnergie prix Fixe HP/HC
Name of offer: Regulated tariffs Price difference to the
regulated tariff Regulated tariff Annual bill estimation 1085€/year
% of green energy 100 % 0 %
The wholesale electricity market
1. Introduction
A) Main steps in the French wholesale electricity market
- November 2000: CRE validated the initial version of the Balancing Responsible Entity (BR) contract
- Early 2001: first purchases of losses on the market by RTE
- May 2001: first OTC quotations published regarding the French electricity market - September 2001: first virtual power plant auctions set up by EDF (VPP)
- November 2001: launch of the Powernext Day-ahead market - June 2004: launch of the Powernext Futures market
- July 2004: first purchases of losses on the market by the distribution system operator (ERDF) - January 2006: implementation of explicit capacity auctions on interconnections (except for
Switzerland)
- November 2006: launch of the market coupling between France, Belgium and the Netherlands
- July 2007: launch of Powernext Intraday and Continuous markets
- March 2009: a sixth broker active on the French electricity wholesale market
- April 2009: Merger of Powernext and EEX - launch of EPEX Spot and EPD for futures contracts
- November 2010: Market coupling with France, Belgium, Netherlands, Luxembourg and Germany
- July 2010: first ARENH subscription.
B) Balance of the French wholesale market
The graph below shows energy flows between the different upstream and downstream segments of the French wholesale market in the third quarter 2011. It shows flows injected and delivered as well as the transactions on the intermediated French wholesale market.
Source : RTE – data [Q2] and Q3 2011 - Analysis : CRE NB: due to rounding, numbers may not match totals
Generation
excluding VPPs and ARENH 93 TWh
VPP generation 10 TWh
Physical injections into grids (121 TWh)
Physical withdrawals from grids (121 TWh)
Imports 3 TWh
Exports 18 TWh End-user consumption 97 TWh including:
• customers at regulated tariffs
• customers at market prices
• self consumption Transactions on the intermediated
market: 176 TWh
excluding VPPs and ARENH 93 TWh
VPP generation 10 TWh
Physical injections into grids (121 TWh)
Physical withdrawals from grids (121 TWh)
Imports 3 TWh
Exports 18 TWh End-user consumption 97 TWh including:
• customers at regulated tariffs
• customers at market prices
• self consumption Transactions on the intermediated
market: 176 TWh
excluding VPPs and ARENH 93 TWh
VPP generation 10 TWh
Physical injections into grids (121 TWh)
Physical withdrawals from grids (121 TWh)
Imports 3 TWh
Exports 18 TWh End-user consumption 97 TWh including:
• customers at regulated tariffs
• customers at market prices
• self consumption Transactions on the intermediated
market: 176 TWh