The French energy group EDF has launched a new commercial policy consisting of offering medium and long-term electricity contracts to large, electro-intensive, manufacturers, aimed to reduce customers' exposure to price volatility on wholesale markets.
The scheme proposes nuclear production allocation contracts (CAPN) for delivery in France, through a Europe-wide auction mechanism, targeting consumers who have needs of more than 7 GWh/year, and suppliers or producers located in France and seeking to supply their own French or European customers. The company plans to offer a total volume of 1.8 GW/year of electricity (about 10 TWh) for energy delivery starting on 1 January 2026. Interested parties can apply to EDF for an eligibility assessment, while auctions are expected to be launched around June 2025.
The CAPN comes to replace the current nuclear regulatory system (known as the ARENH scheme), set to expire the 31 December 2025, which allows electricity suppliers competing with EDF in France to buy part of EDF's nuclear production at discounted nuclear electricity tariff in the context of opening markets to competition.