EnergyWatch

Vattenfall wins right to close coal plant early

4.8 GW in coal capacity can be taken offline after Germany's first and oversubscribed decommissioning tender. The price of entering early retirement fluctuates with a factor of 25.

Photo: Vattenfall

The lesson learned from Germany's first public tender for early coal-fired power plant decommissioning is clear. There's plenty of interest in dropping out of class, and Northern Germany's Moorburg will barely manage to live long enough to experience its first day at school.

Both block A and B at the 1.6 GW power plant aged only five years are among the solicitation's winners and are in line to close by July 1, 2021, at the latest.

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