Climate Groups Slam Germany’s ‘Pro-Gas’ Capacity Market Design as European Commission Grants State Aid Approval
29 Articles
29 Articles
Deutsche Umwelthilfe e.V. [Newsroom]Berlin (ots) - Today the European Commission has approved the billion-dollar funding of new fossil gas power plants. Up to 35 billion euros will be available for this purpose. Deutsche Umwelthilfe (DUH) criticizes the decision ... Continue reading here...Original content of: Deutsche Umwelthilfe e.V., transmitted by news aktuell
THE EUROPEAN Commission has approved Germany's €35 billion program for secure electricity supply and transition to climate neutrality by 2045.
In Germany, many new gas power plants are to be built in the coming years to get out of coal and ensure electricity supply in the dark. The EU has no concerns about the high level of investment.
osthessen-news.de
From 2031 onwards, Germany is allowed to support the construction of new gas power plants with a billion-dollar package.The EU Commission gave the green light for the planned support of up to 35 billion euros. In Germany, numerous new gas power plants are to be built in the next five years - that was already decided. Only the approval of the EU Commission was still pending. This is to be paid by all electricity users via a new levy starting from…
In Germany, a large number of new gas power plants are to be built over the next five years. The EU has granted billion-dollar support for the project.
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