Germany Agrees Subsidy Plans for Hydrogen-Ready Gas Power Plants
02.05.2024 By Tank Terminals - NEWS

February 05, 2024 [Natural Gas World]- Germany’s ruling coalition has agreed plans to subsidise hydrogen-ready gas power plants as part of a scheme to close gaps in wind and solar energy supply, the economy ministry said on Monday.

 

The tender process for four hydrogen-ready gas power plants with total capacity of up to 10 gigawatts (GW) would take place soon, the ministry said, without specifying a date.

It said hydrogen transition plans for the plants should be drawn up by 2032 in order to be fully switched to hydrogen between 2035 and 2040.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Finland's Neste Cuts Margin Target Again as Biofuel Prices Fall
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Finnish oil refiner and biofuel maker Neste narrowed down its annual ren... Read More
Virya, Partners to Invest in 25-MW Belgian Green H2 Project
07.26.2024 - NEWS
July 26, 2024 [Renewables NowBelgian holding company Virya Energy NV and its partners HyoffGreen ... Read More
Valero Plans to Run Refineries at 92% of Combined Capacity in Q3 2024
07.26.2024 - NEWS
July 26, 2024 [Reuters]- U.S. refiner Valero Energy Corp plans to operate its 14 refineries up to... Read More
Angola's New Cabinda Refinery to Start up Later this Year-CEO
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Angola’s new Cabinda crude oil refinery is on track to start up later ... Read More