EDF Terminates Supply Contract with Competitors

摘要

State utility Électricité de France (EDF)has terminated contracts with rivalsuppliers Alpiq Holding AG, Gazel, andTotal Direct Energie.EDF said some suppliers opted for therevocation of their commitments dueto force majeure after the coronaviruspandemic led to lower electricityconsumption, adding that thecontracts can be terminated when aninterruption occurs for more than twomonths. However, EDF said it has filedan appeal with the Paris appeals courtas it believes there were no forcemajeure conditions.