BNetzA capacity auction finally launched

The Bundesnetzagentur StromVKG auction process aims for rapid expansion of new-build flexible back-up generating capacity in Germany to ensure security of supply and maintain grid stability when wind and solar generation is insufficient to meet demand. The new generating capacity sought, likely to be predominantly gas fired, is described as “controllable”, able to ramp up and down quickly and run continuously for long periods to balance fluctuating renewables.