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Coal miner and power generator LEAG, owned by Czech energy firm EPH, plans to build gas-fired power stations at four locations in Germany as part of a government strategy to add more such plants, its CEO told Reuters in an interview.
Germany's government has agreed plans to subsidise gas power plants that can switch to hydrogen, the economy ministry said on Monday, with a price tag of $17 billion in subsidies as part of efforts to supplement intermittent renewable energy and speed up the transition to low carbon generation.