Article

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.