Germany booked the 2.1 GW of fossil-fired capacity after theburden on the country’s grids increased last year following a decision by chancellorAngela Merkel’s government to shut the country’s oldest nuclear plants.
German reserve cost EUR 80m
The reserve capacity Germany secured at home and in neighboring Austria to stabilize its power grid cost consumers about 80 million euros, Matthias Kurth, head of federal grid regulator Bundesnetzagentur, said, according to Bloomberg News.
