Jean-Pierre Farandou, CEO of the SNCF, does not exclude this possibility. The operator is the leading industrial consumer of electricity in France.
Towards an increase in SNCF ticket prices next year because of the constant rise in electricity prices? This eventuality is now clearly envisaged by the operator.
Questioned this Tuesday by Public Senate, Jean-Pierre Farandou, CEO of the SNCF indicates: “We have not decided yet, but we may have to pass on the price of the tickets. […] We may have to raise prices in 2023.”
Last April, Christophe Fanichet, CEO of SNCF Voyageurs, already wondered: “We don’t know how the prices will evolve. Do I cover myself today for 2023 and the following years or do I are we waiting? But one thing is certain, next year, the additional cost for the SNCF could turn into a few hundred million euros.
Cover
Remember that the carrier is the leading industrial consumer of electricity in France with 10% of the total (and 1 to 2% of overall electricity consumption). As in the air, the SNCF buys its energy in advance, what is called “the cover”.
“95% of our energy in 2022 is purchased, we buy our electricity two to three years in advance”, explained Christophe Fanichet. Enough to not increase prices this year, as Jean-Pierre Farandou confirmed again on Tuesday.
But “next year, we are less well covered by these advance purchases, so there will be an increase in the energy bill, around 1 billion euros”, adds the manager.
While SNCF customers believe that ticket prices are already on the rise (which the operator disputes, which on the contrary speaks of a drop since 2019), this probable increase risks going wrong…
At the same time, the operator intends to expand its energy savings strategy to reduce the impact of the rise in electricity prices. At the level of the trains, the drivers thus practice economical driving, which consists of exploiting the topography of the line by requiring the motors as little as possible, whether in traction or braking.
SNCF also encourages its employees to come up with ideas for electrical sobriety, particularly in technical workshops.
Sobriety
It also highlights its growing use of electricity from renewable energies renewable. “We are greening our supply with much longer contracts over periods of 20 to 25 years”, specified Christophe Fanichet.
In addition to electricity, the SNCF is also a major consumer of diesel used in particular in 50% of TER. Even if the operator intends to get out of this fossil energy in 2035 (by focusing mainly on hydrogen trains), it is also necessary to manage the rise in prices.
The SNCF could also count on the specific aids of the government for energy-intensive industrial enterprises. But obviously things are moving slowly. “The work is in progress”, indicated in April the president of SNCF Voyageurs. The industries also point to a complex device.
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