Germany and EU Agree on Power Plant Strategy to Accelerate Hydrogen Transition
Germany and the EU Commission have reached an agreement on a power plant strategy focused on enhancing security of supply and promoting renewable energies. This strategy includes technology-neutral tenders for new capacity starting in 2027, aiming for 22 GW of secured capacity by 2031, while the Federal Ministry for Economic Affairs and Energy will select a capacity market model from 2032. Swift legislative action is needed to approve state aid and facilitate the construction of hydrogen-ready gas-fired power plants, crucial for the coal phase-out by 2038.
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The German government and the EU Commission agreed on a power plant strategy, emphasizing security of supply and the role of renewable energies. The strategy includes technology-neutral tenders for new capacity starting in 2027 and aims for 22 GW of secured capacity by 2031.
The Federal Ministry for Economic Affairs and Energy is tasked with selecting a model for the capacity market from 2032 that includes various energy technologies. Legislation must pass quickly to enable state aid approval and facilitate construction of hydrogen-ready gas-fired power plants, essential for the coal phase-out by 2038.
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