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Bloomberg

German Coal Operator Sues Regulator Over Plants' Standby Status

German utility Steag GmbH said it's suing the country's energy regulator for putting its coal-fired power plants on standby instead of switching them off entirely. The lawsuit comes after the Federal Network Agency ordered Essen-based Steag to keep the units in a so-called grid reserve to cover electricity shortages. The utility lodged a complaint against the agency last year, saying the stations are unprofitable as they can't participate in the daily power market.