Germany grants awards in oversubscribed first coal plant closure tender

Published 16:40 on December 1, 2020  /  Last updated at 00:32 on December 2, 2020  /  EMEA, EU ETS  /  No Comments

Germany has awarded payments to close 4.79 GW in hard coal-fired power by Jan. 1, 2021, in the country’s first tender as part of efforts to phase out the carbon-intensive fuel from its energy mix, while Poland’s grid operator also announced coal-fired capacity removals.

Germany has awarded payments to close 4.79 GW in hard coal-fired power by Jan. 1, 2021, in the country’s first tender as part of efforts to phase out the carbon-intensive fuel from its energy mix, while Poland’s grid operator also announced coal-fired capacity removals.

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