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POWER: Total, Equinor Eye Investment in German Gas Capacity

POWER
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TotalEnergies and Equinor are eying investing in new German gas-fired power plants, the firms told Montel. 

  • “We wish to acquire flexible electricity production capacities in Germany to complement our portfolio of projects and integrated electricity,” a TotalEnergies spokesperson told Montel.
  • “We will follow closely the process and development of framework conditions for CCGTs [combined cycle gas turbine units] in Germany and other markets and will assess the options,” a spokesperson told Montel.
  • German plans to launch the first tender for new hydrogen-ready gas power plants in early 2025, a consultation paper showed in September. 
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TotalEnergies and Equinor are eying investing in new German gas-fired power plants, the firms told Montel. 

  • “We wish to acquire flexible electricity production capacities in Germany to complement our portfolio of projects and integrated electricity,” a TotalEnergies spokesperson told Montel.
  • “We will follow closely the process and development of framework conditions for CCGTs [combined cycle gas turbine units] in Germany and other markets and will assess the options,” a spokesperson told Montel.
  • German plans to launch the first tender for new hydrogen-ready gas power plants in early 2025, a consultation paper showed in September.