Finance
Equinor explores role in Germany's gas plant capacity expansion
Published by Global Banking and Finance Review
Posted on November 25, 2025
2 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 25, 2025
2 min readLast updated: January 20, 2026
Equinor is evaluating its involvement in Germany's gas plant expansion, pending more tender details. The company may partner for this venture.
By Nora Buli
OSLO (Reuters) -Norwegian energy producer Equinor is looking at options for participating in a planned German gas-fired power plant tender but requires more detail before making any decision, a senior executive said on Tuesday.
Germany plans to tender eight gigawatts (GW) of new gas-fired power plant capacity next year, with a further 2 GW to be offered in 2026 and 2027 to strike a balance between decarbonisation and backing up intermittent renewables.
"We have had, and are having, conversations with actors who will most certainly be in the picture and then we need to see whether we can play a role in this," Helge Haugane, head of Equinor's power business area, told Reuters.
Any involvement depended also on the economics, with many of the tender details still unclear, he added.
"But in general, when we enter power plants, like we did in Britain for example, it was with a partner," Haugane said.
Equinor launched the power unit this year, combining the group's separate renewable energy and power generation activities in a single unit.
The company already owns onshore and offshore wind farms, solar power plants, batteries and gas-fired power stations, and the new unit seeks to invest into a mix of technologies.
Norway is the largest supplier of natural gas to Germany, with Equinor the single biggest gas producer in the Nordic country, utilising direct pipeline connections as well as new German import terminals for liquefied natural gas (LNG).
While the gas for its power plants in Britain is procured on the open market, Equinor could consider supplying its own gas directly to other projects, Haugane said.
(Reporting by Nora Buli, editing by Terje Solsvik)
A gas-fired power plant is a facility that generates electricity by burning natural gas. It is often used as a cleaner alternative to coal-fired plants, contributing to lower carbon emissions.
Renewable energy refers to energy derived from natural sources that are replenished faster than they are consumed, such as solar, wind, and hydroelectric power.
Liquefied natural gas (LNG) is natural gas that has been cooled to a liquid state for ease of storage and transport. It takes up about 1/600th the volume of natural gas in its gaseous state.
Energy technology encompasses the methods and tools used to produce, store, and utilize energy efficiently and sustainably, including advancements in renewable energy sources.
An investment opportunity is a chance to invest in a project or asset that is expected to generate a return, such as stocks, bonds, or real estate.
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