Energy Supply: EU Approves German Billions for Gas Power Plants
14 Articles
14 Articles
The Federal Republic of Germany is allowed to support the construction of new gas power plants with up to 35 billion euros. The European Commission agreed with the plans of the Ministry of Economic Affairs.
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Germany's economy ministry is considering the possibility of using coal-fired power plants more intensively to ease high electricity prices, a ministry spokesman said. The plan would include power plants that are currently on standby and are only being put into operation […] The post Germany Considers Turning on Coal-Fired Power Plants Due to High Electricity Prices first appeared on Novi list.
GERMANY is considering more intensive use of coal due to expensive electricity.
Old coal miles back to the grid? In the coalition, it is huge: the Union wants to dampen the electricity price via the reserve, but the SPD reports considerable doubts. The benefits for citizens are considered minimal.
The Federal Government can thus spend between 15.6 and 35.2 billion euros to ensure a secure electricity supply. The approval of the state aid law by Brussels took place shortly before the first planned tender.
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