popular articles

New EDF Agreement: Promise of Stable Electricity Prices

The French government has reached an agreement with EDF to guarantee stable energy bills for consumers. This agreement sets an average price of 70 euros per MWh for nuclear electricity from 2026, while providing for consumer protection mechanisms.
Stabilité énergie grâce accord EDF

Please share:

The French government has announced a historic agreement with energy giant EDF, aimed at ensuring stable energy bills for consumers. This announcement comes after long and sometimes difficult negotiations between the parties concerned.

An average price of 70 euros per MWh

Under the terms of this agreement, the average price of nuclear electricity will be set at around 70 euros per MWh from 2026, for a period of 15 years. This measure is designed to avoid excessive variations in electricity prices, which should benefit consumers.

Consumer protection

An important aspect of this agreement is the provision that any additional income generated by EDF in the event of market price fluctuations will be partially passed on to consumers. This measure is designed to guarantee permanent protection of electricity prices for consumers, while enabling EDF to finance future investments, notably in new nuclear reactors.

Comments from the Minister of the Economy and Finance

Bruno Le Maire, French Minister of the Economy and Finance, underlined the importance of this agreement, stating that although EDF is a nationalized company, it must remain profitable, thus avoiding the sale of electricity at a reduced price. He also noted that this agreement would enable companies to maintain their competitiveness.

Reform of the European electricity market

Agnès Pannier-Runacher, France’s Minister for Energy Transition, explained that this agreement was part of the ongoing reform of the European electricity market aimed at disconnecting electricity prices from fossil fuels, particularly gas. This reform is crucial as the current agreement on electricity price regulation, the Arenh, expires in 2025.

A matter of urgency for companies

For companies buying their electricity two years in advance, it was urgent to find a new regulatory framework, as promised by President Emmanuel Macron. The current mechanism forced EDF to sell part of its electricity at a low price to its alternative supplier competitors, resulting in a loss of revenue for the company.

Enhanced consumer protection

The new regulatory framework will cover all of EDF’s nuclear generation and include a price-cap mechanism to protect consumers. In the event of average prices exceeding 78 to 80 euros per MWh, part of EDF’s additional income will be passed on to the community, i.e. to consumers.

Towards an adjusted sales policy

It is important to note that this does not necessarily mean that consumers will actually pay 70 euros. EDF will be encouraged to adjust its commercial policy in line with this objective, in particular by making efforts to reach out to industrial customers who are large energy consumers.
Bruno Le Maire stressed the importance of maintaining competitive electricity prices in Europe, in view of the surge in energy prices in 2021. France’s nuclear energy sector plays a key role in this objective.

The agreement between the French government and EDF marks a crucial step towards ensuring stable energy bills for consumers. By setting an average price for nuclear electricity and providing consumer protection mechanisms, this agreement aims to ensure greater cost predictability, while enabling EDF to maintain profitability and finance future investments. The question of electricity prices is of particular importance in the context of competitiveness in Europe, and this agreement helps to keep France among the most competitive nations in terms of electricity prices.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Luc Rémont was dismissed as head of EDF by the French executive due to disagreements over industrial contract strategy and financing of the EPR2 nuclear programme.
Just Stop Oil will end its high-profile actions after one of its core demands was integrated into the British government's energy policy.
Just Stop Oil will end its high-profile actions after one of its core demands was integrated into the British government's energy policy.
The surge in solar production and the slow upgrade of electricity infrastructure are blocking thousands of projects in the Netherlands, affecting energy security and consumer costs.
The surge in solar production and the slow upgrade of electricity infrastructure are blocking thousands of projects in the Netherlands, affecting energy security and consumer costs.
The development of French power grids is facing a structural shortage of skilled labour, despite €200bn in projected investments by 2040.
The development of French power grids is facing a structural shortage of skilled labour, despite €200bn in projected investments by 2040.
Luc Rémont's departure exposes ongoing disagreements between EDF and the French State over electricity pricing for industry and the financing terms of the nuclear programme.
The European Investment Bank approves a final tranche of PLN1.7bn for Orlen to modernise electricity distribution infrastructure in Poland via its subsidiary Energa Operator.
The European Investment Bank approves a final tranche of PLN1.7bn for Orlen to modernise electricity distribution infrastructure in Poland via its subsidiary Energa Operator.
Luc Rémont is replaced as head of EDF as French manufacturers criticise a pricing strategy seen as incompatible with national industrial competitiveness.
Luc Rémont is replaced as head of EDF as French manufacturers criticise a pricing strategy seen as incompatible with national industrial competitiveness.
Luc Rémont will not be reappointed as Chairman of Électricité de France, two years after his nomination, despite record profits in 2024 and the revival of the nuclear fleet.
Luc Rémont will not be reappointed as Chairman of Électricité de France, two years after his nomination, despite record profits in 2024 and the revival of the nuclear fleet.
The French government has appointed Bernard Fontana to lead EDF, relying on his experience in nuclear energy and energy-intensive industries, amid strategic restructuring and rising tariff pressures.
Kazakhmys, the leading copper producer in Kazakhstan, partially suspends its operations after the death of eight workers. The company is conducting an inspection of its facilities to ensure operational safety.
Kazakhmys, the leading copper producer in Kazakhstan, partially suspends its operations after the death of eight workers. The company is conducting an inspection of its facilities to ensure operational safety.
The European Southern Observatory (ESO) warns of the potentially devastating consequences of a power plant project near its telescopes in the Atacama Desert, highlighting irreversible light pollution.
The European Southern Observatory (ESO) warns of the potentially devastating consequences of a power plant project near its telescopes in the Atacama Desert, highlighting irreversible light pollution.
The recent elections in Greenland resulted in a victory for the Demokraatit party, which advocates gradual independence from Denmark and increased support for the exploitation of natural resources, prioritizing the mining and energy sectors. This election comes amid heightened international tensions, notably due to proposals by Donald Trump to annex the territory.
The recent elections in Greenland resulted in a victory for the Demokraatit party, which advocates gradual independence from Denmark and increased support for the exploitation of natural resources, prioritizing the mining and energy sectors. This election comes amid heightened international tensions, notably due to proposals by Donald Trump to annex the territory.
In January 2025, Italy recorded a trade deficit of €264 million, largely attributed to the rising energy costs, according to the National Institute of Statistics (Istat).
The National Federation of Mines and Energy of the General Confederation of Labour (FNME-CGT) has elected Fabrice Coudour as secretary general. He succeeds Sébastien Ménesplier and inherits strategic issues, including the opening of hydropower concessions to competition.
The National Federation of Mines and Energy of the General Confederation of Labour (FNME-CGT) has elected Fabrice Coudour as secretary general. He succeeds Sébastien Ménesplier and inherits strategic issues, including the opening of hydropower concessions to competition.
Nigerien authorities have ordered the expulsion of three Chinese executives from oil companies and shut down a hotel owned by a Chinese company. This decision is part of a policy aimed at strengthening national control over the country’s energy resources.
Nigerien authorities have ordered the expulsion of three Chinese executives from oil companies and shut down a hotel owned by a Chinese company. This decision is part of a policy aimed at strengthening national control over the country’s energy resources.
The French government has issued a decree expanding the use of treated wastewater to industrial and nuclear sectors, aiming to reduce pressure on water resources.
The French government has issued a decree expanding the use of treated wastewater to industrial and nuclear sectors, aiming to reduce pressure on water resources.
An incident in a private power plant caused a nationwide blackout in Panama on Saturday night. The national power grid was severely impacted, leading to an interruption in the potable water supply. Authorities are investigating the causes of the event.
UK greenhouse gas emissions decreased by 3.6% in 2024, marking a slowdown in the pace of reduction. The end of coal usage in electricity production and the rise in electric vehicles contributed to this trend.
UK greenhouse gas emissions decreased by 3.6% in 2024, marking a slowdown in the pace of reduction. The end of coal usage in electricity production and the rise in electric vehicles contributed to this trend.
The capital of the Central African Republic, Bangui, is facing a prolonged power outage, severely disrupting economic activities and exacerbating water shortages.
The capital of the Central African Republic, Bangui, is facing a prolonged power outage, severely disrupting economic activities and exacerbating water shortages.
More than 160 senators from the right and centre have urged François Bayrou to suspend the publication of the third Multi-Year Energy Programme (PPE 3), criticizing its lack of a comprehensive vision and calling for greater parliamentary involvement in defining the energy mix.
More than 160 senators from the right and centre have urged François Bayrou to suspend the publication of the third Multi-Year Energy Programme (PPE 3), criticizing its lack of a comprehensive vision and calling for greater parliamentary involvement in defining the energy mix.
The Canada Energy Regulator has approved, with modifications, the cost allocation methodology for friction reducers on the Keystone Canada pipeline system. South Bow GP (Canada) Ltd. will need to recalculate the tolls for 2020 and 2021 before final validation.
Nuclear energy emerges as a key election issue in Australia, as accelerating gas dependency intensifies amid coal plant closures, raising critical concerns about grid stability and energy pricing ahead of the 2025 federal elections.
Nuclear energy emerges as a key election issue in Australia, as accelerating gas dependency intensifies amid coal plant closures, raising critical concerns about grid stability and energy pricing ahead of the 2025 federal elections.
Donald Trump accuses Canada of tariff abuse following Ontario's decision to impose a 25% surcharge on electricity exports to three U.S. states, escalating trade tensions between the neighboring countries.
Donald Trump accuses Canada of tariff abuse following Ontario's decision to impose a 25% surcharge on electricity exports to three U.S. states, escalating trade tensions between the neighboring countries.
Mark Carney, newly elected Canadian Prime Minister, expresses his intention to abolish the consumer carbon tax, revitalizes nuclear energy, and signals openness to expanding gas infrastructure with the United States.
Mark Carney, newly elected Canadian Prime Minister, expresses his intention to abolish the consumer carbon tax, revitalizes nuclear energy, and signals openness to expanding gas infrastructure with the United States.

Advertising