EDF wants to sell its long-term electricity at auction

In the absence of progress in negotiations on the price of nuclear production allocation contracts, and in order to break the deadlock, EDF is proposing to sell part of this electricity through auctions in which both electricity-intensive industries and alternative suppliers would participate. The auction would enable supply and demand to be matched and an objective price to be determined, while complying with French and European competition rules. To date, EDF has signed six letters of intent to place orders under the CAPN for an annual volume of around 11 TWh, i.e. half the target volume it had set itself. EDF could consider auctioning the equivalent of 10 TWh per year.