"Germany's Multi-Billion Dollar Plan to Expand Gas Power and Hydrogen Infrastructure"

Germany plans to subsidize gas power plants that can switch to hydrogen with $17 billion in subsidies, aiming to supplement intermittent renewable energy and accelerate the transition to low carbon generation. The government will tender up to 10 GW gas power plants, with plans for them to switch to hydrogen by 2040, and also subsidize power plants running exclusively on hydrogen for energy research purposes. The move is part of efforts to help Germany move away from gas and coal, exit coal before 2038, and reach its greenhouse emissions targets faster.