Noemi Mundhaas

Stories

Germany awards first gas backup power contracts under coal-exit plan

Critic of the first auction results

Germany's network regulator opened a second auction for gas-fired backup capacity on Nov. 10, offering 3,840 megawatts with bids due Dec. 29. The round is smaller than the 4.5 gigawatts once planned because the first tender awarded more capacity than intended.

Updated 22 minutes ago