Engie CEO Says France Risks Blackouts in EU Power Market Exit
Lit street lights on the river banks of the Seine in Paris.
Photographer: Benjamin Girette/BloombergThis article is for subscribers only.
France would risk higher power prices and even blackouts if it were to exit the European Union’s single energy market, said the chief executive officer of the utility Engie SA.
In an opinion piece published Sunday in la Tribune Dimanche, Engie’s Catherine MacGregor defended the benefits of the bloc’s energy market, saying it had allowed France to access supplies from other countries when its own production fell short in recent years.