The Transformation of the German Power Generation Market - Legal Challenges of the Shift from Nuclear Baseload Generation to Flexible Production and Capacity Rewards
Article from: OGEL 1 (2013), in Nuclear Law and Policy
Introduction
The German power generation market is in the middle of a profound transformation. This is due, on one hand, to a set of reasons which holds true for most parts of European power generation: The bulk of conventional power plants in Europe have passed their peak. These plants were mainly built prior to EU-driven liberalisation of energy markets in Europe. During this period, market participants were able to accrue huge overcapacities which still subsist in part today. Nowadays, the majority of these plants, particularly coal-driven plants and nuclear power plants in Germany, ...