“Capacity market for Germany could cost two billion euros annually”
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.