Parliament votes in favour of power market reform
The German federal parliament has adopted a new power market law. The reform includes the continuation of an energy-only-market with additional capacity reserves. The new rules will also include retiring 13 percent of lignite power station capacity into a “security standby” that will only be used as a “last resort”, the Ministry of Economic Affairs and Energy (BMWi) has said.
Read a CLEW factsheet on Germany’s new power market design.