German utility EnBW (EBKG.DE) is considering spending 1.5 billion euros ($1.7 billion) on a planned expansion of gas-fired power plants in its home country, which the current government has said is needed to help in the transition towards renewables. Current plans envisage the installation of 1.5 gigawatts (GW) of additional gas-fired power plant capacity, provided the regulatory framework under EU taxonomy rules makes such a move possible. “We are convinced that these power plants are absolutely necessary for energy supply. Somebody has to build them,” Georg Stamatelopoulos, EnBW’s board member in charge of operation, told Reuters. This, he said, would include retrofits of legacy coal-fired power plants to convert them to gas plants and entail total investments of around 1.5 billion […]