Germany exhorting Brussels to green-light state aid for new gas power plants

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The auctions of new gas power plants in Germany should be held before the end of this year, according to Minister of Economy and Energy Katherina Reiche. While the government coalition parties have agreed to install up to 20 gigawatts (GW) of capacity in new gas plants, this will not be achieved at once, Reiche said, adding that a first batch of at least 5 GW should be auctioned before 2026. Related:Germany will install 25 gigawatts of gas plant…