TotalEnergies and EDF Sign a Long‑Term Partnership to Secure Low‑Carbon Electricity Supply for TotalEnergies’ Refining & Chemicals Sites in France

Summary by AI BETAClose X

TotalEnergies has signed a 12-year Nuclear Production Allocation Contract with EDF, commencing January 1, 2028, which will provide TotalEnergies with approximately 400 MW of nuclear power output to cover around 60% of its French refining and chemicals sites' electricity needs. This agreement aims to secure competitive, low-carbon electricity for TotalEnergies' industrial operations while allowing EDF to share production risks and costs.

Disclaimer*

UK 100

Latest directors dealings