EDF : The EDF Group responds to allegations made by the Que Choisir consumers' association
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The EDF Group responds to allegations made by the Que Choisir consumers` association
EDF is formally challenging accusations made by the Que Choisir consumers` association regarding the Group`s actions on the wholesale electricity market. The allegations made by Que Choisir are not supported by any tangible facts but simply stem from a misguided economic argument that fails to consider the reality of the wholesale market, an interconnected European market based on the link between supply and demand.
In order to meet the electricity demand for its customers, EDF optimises at all times the use of its generation fleet in close interaction with European electricity markets. EDF acts under the permanent supervision of the energy regulator, the Energy Regulatory Commission, which issues an annual report on the performance of wholesale electricity, CO2 and natural gas markets.
Consequently, and considering the serious nature of these allegations, EDF reserves the right to take any legal action it deems appropriate in order to hold the association accountable for such claims.
This press release is certified. Its authenticity can be checked on medias.edf.com
A key player in energy transition, the EDF Group is an integrated electricity company, active in all areas of the business: generation, transmission, distribution, energy supply and trading, energy services. A global leader in low-carbon energies, the Group has developed a diversified generation mix based on nuclear power, hydropower, new renewable energies and thermal energy. The Group is involved in supplying energy and services to approximately 35.1 million customers, of which 26.5 million in France. The Group generated consolidated sales of €70 billion in 2017. EDF is listed on the Paris Stock Exchange.
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The EDF Group responds to allegations
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Source: EDF via GlobeNewswire
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