Results of the capacity auction of October 15, 2020

The fifth capacity auction organised by EPEX in 2020 for the year 2021 took place on Thursday 15th October. The price of the capacity is slightly higher at €32,693/MW, bringing the average auction price for 2021 to €29,671/MW.

As a reminder, the average reference price of the capacity auctions was 19,458 €/MW for the year 2020.

The third capacity auction for the year 2022 also took place this Thursday, with a sharp fall in price from €38,966/MW to €18,100/MW. The auction during the year for the 2020 capacity guarantees, on the other hand, was higher than the previous auction, at 53,633 €/MW.  The ceiling price for the capacity mechanism was set at €60,000/MW by CRE for the years 2020, 2021 and 2022.