Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Breaking News › Germany to Sweeten Terms of Gas Plant Auction to Draw More Bids
Breaking News

Germany to Sweeten Terms of Gas Plant Auction to Draw More Bids

Germany to Sweeten Terms of Gas Plant Auction to Draw More Bids
Bloomberg Markets Monday 06 July 2026, 15:53 UTC By Petra Sorge 1 min read
Key Points

Germany to Sweeten Terms of Gas Plant Auction to Draw More Bids Germany will lift the maximum amount it will pay developers in upcoming auctions for gas-fired power plants as it seeks to attract more bids for urgently needed back-up power capacity. The maximum amount in the tenders for long-term capacity will be raised to €244,000 ($278,480) per megawatt, up from €173,000, according to an amendment from the ruling coalition and seen by Bloomberg. The move follows complaints from some...

Germany to Sweeten Terms of Gas Plant Auction to Draw More Bids Germany will lift the maximum amount it will pay developers in upcoming auctions for gas-fired power plants as it seeks to attract more bids for urgently needed back-up power capacity. The maximum amount in the tenders for long-term capacity will be raised to €244,000 ($278,480) per megawatt, up from €173,000, according to an amendment from the ruling coalition and seen by Bloomberg. The move follows complaints from some operators that prices for gas turbines and other components have surged significantly.
Germany (LOCATION) Bloomberg (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Do bees have inner lives? Slow-motion video reveals bumblebee behaviour similar to ‘liking’ or ‘disliking’

Bees respond to tasty treats or plain water based on context, study that may provide support for establishing insect sentience showsGet our breaking news email, free app or daily news podcastWhen bumblebees taste something good, they reach out their glossa – or insect tongue – for a while afterwards, almost as if they are licking their lips. And when they don’t like something, the insects will shake their heads and wipe their mouths. Scientists who captured the miniature facial expressions...

The Guardian UK 14m ago

Dental Chain Owner Aspen Drops WellNow Sale as Lenders Lawyer Up

Deals Dental Chain Owner Aspen Drops WellNow Sale as Lenders Lawyer Up The Aspen Group has indicated it’s no longer moving ahead with a planned sale of its urgent care clinic chain WellNow, after seeking buyers amid an effort to address a looming debt deadline that’s also prompted its lenders to retain lawyers. The Aspen Group, owned by Leonard Green & Partners, Ares Management Corp. and American Securities, notified lenders in recent weeks that it decided to drop plans for the sale,...

Bloomberg Markets 2h ago

Fake Booking.com travel credit scam targets travelers

Summer travel already costs enough. So, an email promising a $500 Booking.com travel credit can feel like a lucky break. That is exactly why this message we received deserves a closer look.

Fox News 3h ago

Higher-earning Australians flocking to 5% first home deposit scheme with some borrowers earning over $200,000

Exclusive: Economists warn Labor’s removal of caps could be pushing up prices as support flows to people in better financial positionsGet our breaking news email, free app or daily news podcastMost Australian first home buyers are using the government’s 5% deposit scheme, with one in three new participants earning more than the scheme’s previous cap for high income earners. The influx of high income earners into the first home guarantee program, economists warn, has pushed up property prices...

The Guardian World 4h ago