EDF’s competitors have requested 130.41 terawatt-hours (TWh) of nuclear electricity from the public group by 2024 during a subscription period related to regulated access to historical nuclear electricity (Arenh), the Energy Regulatory Commission announced on Friday ( CRE).
The Arenh system, which must be replaced at the beginning of 2026 by a new regulation to protect consumers from price increases, allows EDF’s rivals to buy up to 100 TWh per year of nuclear electricity volumes from it, at a favorable price of 42 euros per megawatt-hour (MWh) to supply its own customers.
An increase in electricity prices of less than 10% by early 2024
As demand has exceeded the 100 TWh ceiling, alternative electricians – such as Engie or TotalEnergies – will have to complete their purchases by sourcing from the wholesale market at higher prices, which will then have to be reflected in the calculation of regulated tariffs.
The Government, which has already limited the increase in French consumers’ bills due to the European energy crisis, in a context of war in Ukraine, has however indicated on several occasions that the increase in electricity prices planned for early of 2024 would not exceed 10%.
Source: BFM TV
