What happened at the Italian capacity market auction?
The Italian Capacity Market auction assigned 42.8 GW of derated capacity and saw awarded prices for new capacity dropping to 56.2 €/kW, while clearing prices for existing capacity remained at the price cap. I consent to my submitted data being processed and stored by Timera Energy in compliance with our Privacy Policy.
Where can I find latest government tenders from Italy?
Find latest government tenders from Italy. ItalyTenders is the biggest online database of Italy Tenders, Procurements Opportunities, Government Bids and RFPs Information.
Did Terna hold a capacity market auction in ?
On 18th December , Terna held the Italian Capacity Market (CM) auction for the delivery year, assigning 42.8 GW of derated capacity (CDP) as follows: 4.4 GW foreign capacity (mainly from Northern borders). The auction results mirrored those of , with similar capacity proportions.
Who won the capacity market auction in in Italy?
Image: Enel. BESS technology has won the bulk of new resource contracts in the capacity market (CM) auction for delivery in in Italy. The auction took place last week (26/27 February) and awarded 38,057MW of obligations to existing resources and 594MW to new resources, alongside 4,365MW to resources located outside of Italy.
How did the cm auction results compare to the auctions?
The auction results mirrored those of , with similar capacity proportions. However, the clearing price for new capacity 15-year contracts dropped from 67.5 €/kW in to 56.2 €/kW in , despite a price cap of 86 €/kW. As for all previous Italian CM auctions so far, saw no zonal price decoupling in the auction clearing. Key takeaways:
How did Terna calculate the storage needs?
Terna calculated the storage needs by balancing two factors: how much renewable energy would otherwise be wasted (valued at natural gas plant costs) and how storage improves grid reliability (valued at €8,000/MWh yearly for 4-hour systems).
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Italian Capacity Market Auction Results for
The Italian Capacity Market auction assigned 42.8 GW of derated capacity and saw awarded prices for new capacity dropping to 56.2 €/kW, while clearing prices for existing capacity remained at the price cap.
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