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EDF sues French government over electricity sales

Christian Fernsby |
The state-controlled EDF has launched a legal claim against the French government for more than EUR8.0 billion (USD8.2 billion) in lost earnings resulting from the order to sell more nuclear electricity at below market-level prices this year.

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Following the French government’s announcement on January 13, 2022 of an additional allocation of 20 TWh of electricity to be sold at a regulated price (ARENH volumes) for 2022, EDF had announced that it was considering any measure to protect its interests.

In this context, the Chairman and CEO (Président-Directeur Général) of EDF had indicated at its annual general meeting that he had submitted a preliminary administrative recourse to the French State to request the withdrawal of the Decree and the Orders of March 2022 relating to this allocation.

Following an in-depth legal analysis, and in light of the losses incurred as a result of the Decree and Orders dated March 11, 12 and 25, 2022, EDF on 9 August filed a legal claim with the Conseil d'Etat (the French administrative supreme court), as well as a claim for indemnification, for an amount estimated to date at 8.34 billion euros, with the French State.


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