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Energy: Most gas-fired reserve power plants to be built in NRW

The Federal Network Agency has decided where new gas power plants are to be built. The most are planned in North Rhine-Westphalia, followed by Brandenburg, Saxony and Bavaria. These companies will benefit.

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Energy: Most gas-fired reserve power plants to be built in NRW

The German Federal Network Agency has awarded funding for the construction of new power plants for the first time. The beneficiaries include RWE, LEAG, Gaskraftwerk Leipheim, and Stadtwerke Karlsruhe, with a total of 11 bids for around 5160 megawatts approved. The approved projects, which will help secure the power supply from 2031, include gas and brown coal plants, with the funding to be provided over 15 years.

The annual remuneration averages around 155,000 euros per megawatt, well below the maximum allowed price of 244,000 euros. A further tender for eligible plants will start on December 29.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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