(Reuters)--German energy company Iqony plans to build gas-fired plants at three existing sites as part of Germany's green energy transition. Iqony was spun off from coal-fired power producer Steag and included renewable power, H₂ and energy storage assets. The company is also planning to build electrolysis plants for H₂ and big power batteries at other locations.

The government's tender for 10 GW of new capacity and a capacity mechanism meant to provide remuneration for part-time capacity as renewable power gets priority have interested parties asking for clarification. The plans are part of Berlin's bid to close coal plants earlier and ensure the closure of hard-coal plants by 2030.

Source: Reuters