French energy regulator warns of significant rise in fourth quarter natural gas prices

PARIS (Reuters) - Natural gas prices in Europe are likely to rise significantly in the last quarter of 2020 after a coronavirus-driven slump, which would cause a significant increase in regulated tariffs, the French Energy Regulatory Commission (CRE) warned on Friday. The commission therefore recommended that the government "smooth over" tariff evolutions over the coming months.In its analysis of utility Engie's costs, which have to be covered by the regulated tariffs for the sale of natural..