Energy
TotalEnergies bags 12-year nuclear power deal with EDF
EDF will allocate a portion of its nuclear output to TotalEnergies
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By ICN Bureau | March 31, 2026
TotalEnergies and EDF have struck a landmark 12-year nuclear power deal, promising to reshape energy supply for France’s industrial sector.
Patrick Pouyanné, Chairman and CEO of TotalEnergies, and Bernard Fontana, Chairman and CEO of the EDF Group, signed the Nuclear Production Allocation Contract (CAPN), effective January 1, 2028.
Under the agreement, EDF will allocate a portion of its nuclear output to TotalEnergies, covering roughly 60% of the electricity needs for the company’s refining and chemicals sites—an estimated 400 MW.
The deal allows TotalEnergies to tap into competitive, low-carbon nuclear power while giving EDF a shared approach to the risks and costs tied to production variability. EDF will retain full operational control of its nuclear assets.
“I am delighted with this win‑win agreement, the result of constructive dialogue with EDF, which will enable our electricity‑intensive industrial sites in France to secure, over the long term, a significant share of their electricity supply with competitive low‑carbon power,” Pouyanné said.
Fontana added, “I welcome this agreement with TotalEnergies, in the service of energy and industrial sovereignty. By guaranteeing the refining and chemicals activities concerned access to competitive, sovereign and low‑carbon electricity, EDF provides them with the long-term visibility they need to ensure their sustainability.”
The agreement marks a major step in France’s push for industrial energy security and reinforces the role of nuclear power in the country’s low-carbon transition.
