Tuesday, June 28 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Jun 27
Week of Jun 20
Week of Jun 13
Week of Jun 06
Week of May 30
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Germany seeks to award 699 MW in 6th coal phase-out tender


    May 24, 2022 - SeeNews Renewables

     

      May 24 (Renewables Now) - Germany's Federal Network Agency has launched an auction aimed at shutting down coal-fired power plants across the country with a total capacity of 698.88 MW.

      Proposals are expected by August 1, the regulator said on Monday.

      The maximum price for the sixth round of the auction is set at EUR 98,000 (USD 104,458) per megawatt, down from EUR 107,000 in the previous round.

      Earlier this week, the Federal Network Agency, known in German as Bundesnetzagentur, said that it had accepted six bids totalling 1,015 MW in the fifth round of the tender. The plants will be shut down by May 27, 2024 and receive compensation from the federal government.

      Until then, the six power plants will continue to ensure the power supply for many households and if any of them is deemed system relevant, it could continue to be available in the grid reserve beyond 2024.

      (EUR 1 = USD 1.066)

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.