EDF:Launch by the French government of a public consultation on a proposed system to protect electricity consumers from 1 January 2026

Launch by the French government of a public consultation on a proposed system to protect electricity consumers from 1 January 2026 Following the press conference on 14 November 2023, the government launched a consultation on 22 November 2023, setting out the arrangements envisaged to guarantee the protection, stability and predictability of electricity consumers' bills in France after the end of the ARENH on 31 December 2025. The consultation covers the system envisaged to ensure a...

PARIS, 24/11/2023 (informazione.news - comunicati stampa - energia)

Launch by the French government of a public consultation on a proposed system to protect electricity consumers from 1 January 2026

Following the press conference on 14 November 2023, the government launched a consultation on 22 November 2023, setting out the arrangements envisaged to guarantee the protection, stability and predictability of electricity consumers' bills in France after the end of the ARENH on 31 December 2025.
The consultation covers the system envisaged to ensure a longer-term electricity market providing more stable prices in line with the cost structure of the French electricity mix, while giving EDF the means to ensure its development and make the expected investments necessary for the success of the energy transition.

This system is based on the deployment of the long-term commercial policy envisaged by EDF and on economic regulation of existing nuclear power.
EDF will implement a new sales model based on medium and long-term contracts:

To provide additional protection in the event of high market prices, the government plans to levy a charge on revenues  from EDF's existing nuclear power plants, based on two thresholds:

These thresholds are expressed in 2022 currency and are indexed.

The amounts levied would be redistributed to consumers, providing them with additional protection against episodes of high market prices.

The text of the public consultation is available here (in French only):
https://www.ecologie.gouv.fr/sites/default/files/Consultation_publique_NRN_vf.pdf

At the end of this public consultation, the terms of the levy scheme will have to be translated into law.

This press release is certified. Check its authenticity on medias.edf.com

About EDF
As a major player in energy transition, the EDF Group is an integrated energy company active in all businesses: generation, transmission, distribution, energy trading, energy sales and energy services. EDF group is a world leader in low-carbon energy, having developed a diverse production mix based mainly on nuclear and renewable energy (including hydropower). It is also investing in new technologies to support energy transition. EDF's raison d'être is to build a net zero energy future with electricity and innovative solutions and services, to help save the planet and drive well-being and economic development. The Group is involved in supplying energy and services to approximately 40.3 million customers , of whom 30.3 million in France . It generated consolidated sales of €143.5 billion in 2022.

(1) Customers are counted per delivery site. A customer can have two delivery points: one for electricity and another one for gas.
(2) Including ÉS (Électricité de Strasbourg) and SEI.

(1) https://opendata.edf.fr/explore/dataset/prix-de-vente-suite-aux-encheres-rubans-d-edf-sa-pour-2027-2028/table/?sort=-tri&refine.annee_de_livraison=2027
(2) Energy revenues, including the value of the form of nuclear generation, excluding revenues from the valuation of certificates of capacity allocated to the nuclear fleet under the capacity mechanism.

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