Solar parks and wind turbines are currently reducing market prices with their cheap electricity. However, the implementation of the power plant strategy will determine the costs.
The government wants to add ten gigawatts of hydrogen-capable gas power plant capacity by 2030. The new gas power plants would drive up the price of electricity not only through the capital costs, but also through the use of hydrogen from the mid-2030s. The Bavarian Business Association (vbw) also welcomes the cost-cutting effect of renewables and calls for a rapid expansion of power plants.