ENERC wrote:There is something that escapes me: they shut down very recent power plants, while the selection criterion isThe awarded agency submitted bids based on the ratio between the asked compensation price and the resulting CO2 emissions reduction
Normally, it should have been the older plants that are technically less efficient, right? Especially since the operators logically prefer to discard the old plants.
Yes, that may seem surprising ... But "the asked compensation price", so the "compensation" requested is taken into account.
A company that has decided to definitively exit coal (this is the case of Vattenfall, of which 2 brand new units from Moorburg are concerned) may decide to cut its hand, forearm, or arm ..... . by asking for minimal compensation. Touching 50M € or 100M € does not change much, anyway with two uneconomic 800MW units they have already lost in their accounts around 2 billion € of depreciation (order of magnitude of the cost of construction).