“Capacity market for Germany could cost two billion euros annually”
Rheinische Post
A capacity market in Germany could cost two billion euros annually, RWE’s new CEO Rolf Martin Schmitz said in an interview with Rheinische Post. “Two billion euros is not a lot considering that the power consumer receives supply security for all those days on which the sun doesn’t shine and the wind doesn’t blow,” said Schmitz. A capacity market would be needed due to Germany’s nuclear phase out.
Read the full interview in German here.
For background read the CLEW factsheets Germany's new power market design and Capacity markets around the world.
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