The German government’s new power plant strategy—the Kraftwerksstrategie—is designed to replace the remaining coal power plants with low-carbon alternatives, mainly by building new hydrogen-ready plants. However, unresolved ambiguities in the specific subsidy mechanisms for new power plants make the planned coal exit in 2030 more and more unrealistic. The first tender for hydrogen-ready plants was originally scheduled for December 2023 but has been postponed to 2024.
Read the report to discover:
- What is the current status regarding the Kraftwerksstrategie?
- What could different subsidy schemes for new reliable capacity look like?
- Is the Kraftwerksstrategie needed to phase-out coal and bring in new hydrogen assets?
Are you interested to join our study on the Kraftwerksstrategie and the future of the German gas fleet? Contact Benjamin La Trobe!