TotalEnergies and EDF Sign a Long?Term Partnership to Secure Low?Carbon Electricity Supply for TotalEnergies' Refining & Chemicals Sites in France
France, March 30 -- Patrick Pouyanne, Chairman and Chief Executive Officer of TotalEnergies, and Bernard Fontana, Chairman and Chief Executive Officer of the EDF Group, today signed a Nuclear Production Allocation Contract (Contrat d'Allocation de Production Nucleaire - CAPN) for a duration of 12 years, starting on January 1, 2028.Under this agreement, EDF will allocate to TotalEnergies a share of the output of its operating nuclear fleet. This allocation will enable TotalEnergies to cover around 60% of the electricity needs of its refining and chemicals sites in France, estimated at 400 MW.This contract will allow TotalEnergies to benefit from the competitiveness of nuclear power generation, while enabling EDF to share the risks and costs ...
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