Andreas Lochner

In 2030, the hard coal capacity in the power market must fall to 8 GW or lower to be in line with the country's coal exit plan which includes the end of hard coal and lignite-fired power generation by end-2038.

The incorrect bid happened due to “an operational error”, it added in a statement.

“This tender is a record,” said BNA president Klaus Mueller, pointing to the highest volumes in the country's onshore wind auctions so far and the first oversubscribed tender round since February 2022.

The battery will have 500 MW of power capacity and be built in northern Swiss municipality of Laufenburg, a key junction for transmission grid lines that link Switzerland to France and Germany.

The turn of the month on Monday and Tuesday should see wind generation of 25-30 GW with a possibility of up to 40 GW, said Florian Ehmele of Austrian forecaster Ubimet.

“With all major and complex energy transition projects, the maturation of technical and commercial aspects is a challenge. Therefore, we need to be flexible and examine various transport and technology options,” said spokeswoman Susanne Ungrad.

“The change is expected to be operational as of 18 March 2025, subject to the completion of successful testing activities,” Nord Pool's Irene Zeier told Montel.

“There is no wind in the centre and north of Europe. There is a battle for that power, which is causing the shortage,” said Jean-Paul Harreman, managing director at Montel Analytics. He was referring to a spike in day-ahead prices, with two hours this evening exceeding EUR 800/MWh, while spot baseload

“Endorsement from our side can only be given if there is an urgent need for action and consensus on the matter,” said Mark Helfrich, energy policy expert of the CDU/CSU in parliament. The country had planned to begin tenders for the hydrogen-ready gas plants in the coming months as part

It is impossible to start a carbon storage project in the country under current laws. Although the government brought in a draft law earlier this year to allow emissions storage from storage from energy-intensive industries and gas-fired power plants , there has been resistance in the Social Democrats and Greens, the parties left in the sitting government after its collapse last month