EDF Renewables Achieves 600 MW in Long-Term Corporate Power Purchase Agreements (PPAs) in France

Since 2019, EDF Renewables has inked contracts for 600 MW in France, ensuring stable low-carbon electricity prices for 20 years through cPPAs. These agreements secure competitive rates amid market volatility, offering customers identified renewable energy sources.

For EDF Renewables, these contracts provide revenue visibility, enabling planned investments in renewables. Demonstrating the maturity of France’s renewable market, these contracts highlight the competitiveness of wind and solar power in reducing the European electricity system’s carbon footprint. EDF Renewables, a pioneer in cPPAs, boasts global experience with 6 GW contracts signed worldwide since 2010.

Alexandre Lévy, Director of Investments and PPAs in France, at EDF Renouvelables, commented, “ The EDF Renouvelables teams are mobilized to support their customers in the energy transition. cPPAs guarantee the customer a renewable supply, thus contributing to reducing the carbon footprint of the electricity system. They also allow companies to benefit from a competitive electricity price that is independent of fluctuations in the electricity market. This visibility promotes our clients’ investments and ours.”