Free Trial

POWER: EdF To Offer Long-Term Nuclear Contracts to Firms Outside France

POWER

France’s EdF is planning to consider companies outside of France for its nuclear production allocation contracts (CAPN), after the firm struggled to sign long-term contracts with French industrial producers, it said, cited by Reuters.  

  • EdF plans to offer contracts for 10TWh via an auction to European companies that have a power demand above 7GWh/yr or that can transport the electricity from France.
  • The contract prices will be decoupled from wholesale market prices, in line with costs of the nuclear fleet.
  • EdF for the first time offers CAPN to non-French companies and to firms with much lower demand. 
97 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

France’s EdF is planning to consider companies outside of France for its nuclear production allocation contracts (CAPN), after the firm struggled to sign long-term contracts with French industrial producers, it said, cited by Reuters.  

  • EdF plans to offer contracts for 10TWh via an auction to European companies that have a power demand above 7GWh/yr or that can transport the electricity from France.
  • The contract prices will be decoupled from wholesale market prices, in line with costs of the nuclear fleet.
  • EdF for the first time offers CAPN to non-French companies and to firms with much lower demand.