The French Ministry of Energy Transition has endorsed EDF’s proposal to introduce multi-year contracts to guarantee price stability for businesses. The company proposes to establish 5-10 years long-term contracts in the new market rules that EDF could sign with its major clients, whether they are electricity suppliers (such as Engie or TotalEnergies) or final customers.
The new scheme would replace the current framework, the ARENH, which is scheduled to end at the end of 2025. The ARENH law (2010) forces EDF to sell part of its nuclear generation to alternative suppliers on the wholesale market at a regulated price, which has been set by the CRE at €42/MWh since 2012. However, long term contracts are not expected to become the basis of the new regulatory framework but an alternative to the market.
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