Germany aims for gas power plant auctions before year-end

Auctions for new gas-fired power plants in Germany should be held before the end of this year, economy and energy minister Katherina Reiche has said. While the coalition government parties have agreed to install up to 20 gigawatts (GW) of new gas plant capacity, this will not be achieved "in one go," Reiche said, adding that a "first batch" of at least 5 GW should be put up for auction before the start of 2026.