HomeNewsCHRISTIAN SCHNELL: THE CAPACITY MARKET WILL NOT BE A “GOLDEN EGG”

CHRISTIAN SCHNELL: THE CAPACITY MARKET WILL NOT BE A “GOLDEN EGG”  04.12.2017

New coal power plants, according to current regulations, which are still discussed at EU level, may receive support from the capacity market until 2034, but in case of existing coal power plants capacity markets expire by 2027, "says Christian Schnell PhD, vice president of the Union of Entrepreneurs and Employers of the Energy Sector. This is discussed as compromise in the European Parliament's Industry Committee ITRE, chaired by Prime Minister Jerzy Buzek, so that the committee is rather favorable to us, says Schnell. Further legislative proceedings may therefore worsen the situation rather than improve it. This is the optimum we can achieve - adds Christian Schnell.

According to Christian Schnell, vice president of the Union of Entrepreneurs and Employers of the Energy Sector, without the introduction of the capacity market, energy transformation in Poland will not be possible.

The Vice President of the Union of Entrepreneurs and Employers of the Energy Sector notes in the context of the so-called “Winter package”, which may eliminate new coal power plants from capacity market support mechanisms, the introduction of the capacity market before January 1, 2020 gives acquired rights for awarded units.

 

 

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