Germany to Subsidize 10 GW of New Natural Gas Power Plant Capacity

Germany will tender 10 gigawatts (GW) of new natural gas-fired capacity from power plants that could be converted to hydrogen in the 2030s, as part of plans to ensure stable electricity supply as wind and solar power generation and installations grow.     The plan for Germany’s power plants is in its early stages of development and today the Economy Ministry said that German Chancellor Olaf Scholz, Economy Minister Robert Habeck, and Finance Minister Christian Lindner had agreed a program with which the federal government…