Germany’s Looming Power Supply Gap Will Likely Be Filled by Gas
- Germany needs 18 gigawatts of gas-fired capacity by 2030
- Utilities calling for a capacity market to help profitability
A gas-fired power station in Lingen, Germany
Photographer: Jock Fistick/Bloomberg
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Germany’s plans to phase out coal and nuclear power will leave a large gap in supplies of electricity that’s likely to be filled by natural gas.
Germany will need to add about 18 gigawatts or 60% more gas-fired capacity to plug the hole left from shutting its six remaining nuclear reactors by the end of next year and plans to phase-out about half its coal and lignite fleet by 2030, according to report by consultant Enappsys Ltd.