Germany’s Gas Turbine Capacity Expansion Moving Too Slow ...Middle East

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Germany is behind in its plan to expand its gas turbine capacity to 30 GW by 2030—the amount needed to stabilize its electricity distribution networks, according to General Electric. Just 4 GW of turbine capacity are in the planning stages. But the timeframes needed to get from the planning stage to the completion stage is five years, according to a report from Frontier Economics, meaning Germany is behind in its plan. GE Gas Power VP Martin O’Neill pointed to significant challenges they face but they “appear to be stalled. Investors…

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