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Due to excessively high capacity prices, THE did not accept any bids. (Image: Trading Hub Europe)
Berlin/Ratingen (energate) - Trading Hub Europe (THE) has not awarded any contracts in the tender for Long-Term Options (LTO) in the Rest of the Day (RoD) variant. This was announced by the market area manager. The bids had been in an exceptionally high euro range compared to previous tenders, THE explained. For capacity prices, the company would have had to spend an amount in the clear three-digit million euro range. Last year, THE had paid 68 million euros for ...
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