Since the end of 2023, and in line with the reform of the European electricity market that encourages the development of long-term contracts, EDF has been fully committed to deploying a new commercial policy. This policy aims to offer a wider range of medium and long-term low-carbon electricity contracts to reduce customers' exposure to price volatility in wholesale markets. It also offers more visibility to EDF to finance the necessary investments for the energy transition and limits its exposure to the wholesale markets prices.
In this context, EDF has been offering long-term industrial partnership contracts linked to the historic French nuclear fleet, known as nuclear production allocation contracts (CAPN), for several months. These contracts allow partners to benefit from a share of the actual production of the historic nuclear fleet in exchange for sharing the associated costs and risks. Partners thus have access to low-carbon electricity supply for 10 or 15 years in France, at prices reflecting the costs of the nuclear fleet and therefore decoupled from wholesale markets prices.
EDF is evolving the contractual terms of its CAPN. From first half of 2025, the company will offer nuclear production allocation contracts, for delivery in France, through a European-wide auction mechanism aimed at:
- Consumers with needs exceeding 7GWh/year,
- Suppliers or producers with the capacity to physically withdraw electricity in France.
As part of this allocation mechanism, EDF will offer a total volume of 1,800MW of electricity per year (approximately 10TWh) for energy supply starting 1 January 2026. Interested parties can contact EDF[1], which will evaluate their eligibility to the scheme[2].
EDF thus aims to contribute to the electrification and competitiveness of the economy by diversifying and adapting its offer to the needs of its partners and providing them with long-term visibility.