Particle.news
Download on the App Store

Study Says Germany’s Planned Gas Plants Could Cost Up to €0.67 per kWh When Full Costs Are Counted

By counting full societal plus crisis costs, FÖS concludes renewable backups provide cheaper reliability.

Overview

  • FÖS, in a study for Green Planet Energy, estimates gas-based electricity at €0.23–€0.28 per kWh on conventional metrics, rising to €0.53 in crises and up to €0.67 with societal costs.
  • The government still plans to tender about 10 GW of new gas capacity, with roughly €6.6 billion in subsidies projected to be needed.
  • The analysis cites lifetime emissions of up to 8.4 million tonnes CO2 per plant and climate damages as high as €7 billion, with methane from imports often omitted from national accounting.
  • Germany’s roughly 95% gas import dependence exposes power costs to geopolitical shocks, with recent Iran-related price spikes used as an example of volatility.
  • The study says new wind and solar deliver power for under €0.10 per kWh and that storage, bioenergy and green hydrogen can provide backup at comparable or lower cost, while existing gas subsidies distort competition.