Low coal-profitability to boost German tender competition
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Vattenfall's decision to bid in it's 1.6GW German coal-fired Moorburg power plant in the first phase-out tender could indicate that the remuneration on offer is expected to be higher than future market returns. ICIS Market Reporters Tasmin Chowdhary and Varoon Kumar discuss the meaning behind the decision and the outlook for coal plants.
Low coal-profitability to boost German tender competition