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German utilities to bid for new power station capability

Germany's government has announced it will launch tenders in 2024 for 10 gigawatts (GW). of brand-new gasfired power station capacity that should be ready to. switch to clean hydrogen in the transition away from fossil. fuels.

Economy minister Robert Habeck said on Thursday that the. tenders could be finalised before the summer break.

Energies intend to bid for aids that Berlin has actually dedicated. to pay because the plants will match unpredictable renewables. until such time that electricity can be 100% green.

They will need financial backing since they will just. operate when weather-driven sustainable supply falls short - not. enough to recoup their financial investment expenses.

Here are public declarations from business referring to. their involvement and position on the plan.

IQONY

The offshoot of coal-to-power group Steag prepares to build. hydrogen-ready gas-fired plants at Bergkamen, Bexbach and. Querschied-Weiher, depending on conditions attached to the. federal government tenders.

It likewise said in March that Berlin must act quickly as Iqnoy. can not keep running coal plants at those sites permanently.

These are classed as system-relevant, however the compensation. offered by the state for that status is just enough to cover. expenses and unprofitable from a market viewpoint, it said.

Uniper

Chief Executive Michael Lewis informed an incomes call with. experts in February he saw big potential in the strategy, calling. for it to be quickly detailed and used.

Uniper might start with 1-2 GW if the federal government's framework. conditions were appropriate, he told .

He also stated that 10 GW was insufficient to motivate an. early departure from coal, putting the requirement for that to. occur at 20-25 GW of new capability.

EnBW

Regional energy EnBW is a likely bidder at websites in the. south-west, CEO Andreas Schell told in January.

After the surprise replacement in March of Schell by Georg. Stamatelopoulos, the new CEO last month confirmed the business's. interest, however added the legislation requires expanding.

LEAG

Coal miner LEAG, which operates in the east of Germany and. is owned by Czech energy group EPH, plans gas-fired power. stations at four sites with combined capacity of a minimum of 3 GW.

That consists of an 870 MW plant at the Schwarze Pumpe website.

RWE

The western Germany-focused mining and generation company. has stated it might construct 3 GW within organized federal government tenders.

Last month, it said it plans a hydrogen-ready gas turbine. plant at the Gersteinwerk coal site in Werne. It has likewise. pointed out the Voerde and Hamm places as possibles.

CEO Markus Krebber has cautioned in profits calls that while. RWE is eager, Berlin's strategy is still light on detail.

Statkraft

The German arm of Norwegian power energy Statkraft stated it. would study the government's plan however would focus mainly on. converting its existing gas-fired plants to hydrogen.

KMW

Municipally-held Rhine-Main area generator Kraftwerke. Mainz-Wiesbaden said on March 4 that it wishes to build a. hydrogen-ready gas plant for 250 MW power and 100 MW district. heat capability at the site of an existing gas engine plant.

Supplied the government strategy is a suitable for its plan, the. new unit's commissioning could happen in 2028, it stated.