The aim of the price corridor is to enable EDF to cover its costs while shielding consumers from volatile electricity price increases.
The government-proposed reform, set out in a consultative paper, would replace the ARENH nuclear market scheme under which EDF, which operates France’s commercial 58 nuclear reactors, is obliged to sell 100 TWh, or around a quarter of its annual nuclear output, to rivals at a fixed price of €42 per MWh.
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