Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend €16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week. This comes as part of a major overhaul of the country’s energy grid, according to the ministry. The new gas-fired power plants will subsequently be converted to run on hydrogen between 2035 and 2040. A market-based capacity-boosting mechanism will allow power generation to be expanded by 2028, Ger
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