German Chancellor Suggests the Country Could Scale Back its Clean Energy Plans
German Chancellor Friedrich Merz has signaled that Germany may scale back its green energy plans to reduce energy-related costs. With Germany's monitoring report on its transition to renewables set to be published in a few days, Chancellor Merz said that the German government has also cut the requirement that new gas-fired power plants should be powered by hydrogen from the very start. These projects would have served as backup for Germany's renewable energy capacity, taking over when renewable generation dipped below national demand levels. Germany will lower its green energy ambitions, the Chancellor said during a recent conference in Berlin,…