Germany awards second round of permits to close hard coal plants - Reuters

The regulator sets a maximum price per MW of capacity to cap the public sector bill.

This was what they had offered to close their plants for, after the regulator set a maximum price of 155,000 euros/MW.

Bidding for the third auction for the closure of 2,481 MW by the end of 2022 will close on April 30.

Following a first auction, the regulator closed 4,788 MW of coal-fired capacity on Jan 1, 2021.

More highly polluting brown coal is being shut down via a separate scheme with fixed compensation.

Published On: Thu, 01 Apr 2021 10:50:00 GMT