ANNUAL RESULTS 2020
Strategy and
investments
ESG
Renewables
Regulated
France Generation and
supply
Consolidated sales
Operational data and markets
ARENH: VOLUMES ALLOCATED
in TWh
63.5
63.7
62.7
62.6
60.7
59.7
H1 2019
H2 2019
H1 2020
H2 2020
H1 2021 (1)
H2 2021
Maximum annual sales volume of 100 TWh (2) by EDF to alternative suppliers and -25TWh for network losses coverage
In November 2020, ARENH requests from alternative suppliers for 2021 amounted to 146.2TWh.
The volume for 2020 and 2021 was therefore capped at the legal ceiling of 100TWh generating the "cropping effect" in the tariff
➤ Volume sold for 2021, including 26.3TWh sold for network losses coverage:
62.6TWh for H1
63.7TWh for H2
➤ Pending litigation regarding the implementation of a Force Majeure in the ARENH contract between EDF and some alternative suppliers
Source: CRE
(1) Difference between half year estimated by EDF, from the annual data provided by the CRE, and likely to change during the year through the application of legal, regulatory and contractual provisions (sub-annual
window, cancellations, defaults, etc.)
(2) The Energy and Climate Change law of 8 November 2019, provides the government with the possibility of raising the cap for global maximal volumes via a ministerial order, from 100 to 150TWh as of 1 January 2020.
The law also allows the government to revise the ARENH price. However, the government announced early November 2020 a status quo for both ARENH volumes and ARENH price for 2021
EDF
SALES FIRST QUARTER 2021
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