The European Commission has declared German plans to grant EUR 1.6 billion public financing for decommissioning and subsequently closing eight lignite-fired power plants to be in line with EU state aid rules.
Tag Archive for 'capacity reserve'
With its Electricity Market 2.0 project, the German government wants to take an important step towards enhanced integration of renewable energy sources into the electricity market. Renewables in 2015 already constituted about one third of Germany’s electricity consumption. The challenge is to integrate an increasing amount of intermittent renewable energy with feed-in priority into the system, in a secure, cost-efficient and sustainable way.
On Friday the Federal Ministry for Economic Affairs and Energy (BMWi) presented the much awaited White Paper which outlines the ministries plans for a future electricity market (Strommarkt 2.0). The White Paper proposes a capacity reserve system and not a capacity market to balance the security of supply in Germany where intermittent renewables shall provide energy for the most part by 2050.