The largest retail chains in France signed an agreement to reduce electricity consumption from 15 October 2022 due to the threat of power outages. About reported Periferm on the retail trade federation website.
“This protocol should be long-term, it’s time for energy sobriety that will profoundly change our consumption habits. “The daily measures should be implemented as early as October 15,” said Thierry Cotillard, President of Perifem.
He added that the study, which began on June 30, identified measures for a number of retailers that can reduce electricity consumption and prevent power outages. At the same time, under the 2018 law, all trading companies in the country are working to reduce electricity consumption overall by 40% by 2030. However, government assistance is needed to operate effectively.
He said the electricity bill is almost a third (30%) of net income this year. If the cost of electricity doubles next year, retailers will be severely weakened and prices will rise. Therefore, teamwork is important in this regard to avoid a strong impact on prices for final consumers.
In early July, the Japanese government for the first time in seven years introduced switched to energy-saving mode and urged citizens and businesses to reduce their consumption by the end of summer. This decision is related to the calculation of electricity reserves. With the onset of the heatwave in almost all parts of Japan except Okinawa and Hokkaido, the government estimates that the power reserve ratio could reach 3.7%, just above the critical level of 3%.