Germany has received initial approval from the European Union to offer financial support to gas-powered plants to maintain grid stability amid the country's transition to renewable energy. This move comes as Germany has shut down nuclear power plants and aims to phase out coal-fired electricity. The state support plan, known as the National Power Station Strategy, involves a 10 gigawatt scheme to assist utilities in managing the grid during fluctuations in renewable energy supply. Although the government expects power stations to eventually run on green hydrogen, this shift is projected to occur between 2035 and 2040. The approval, while informal, marks progress in negotiations between Germany and the EU, with contracts set to be awarded through reverse auctions to companies like RWE, EnBW, and Uniper based on capacity market principles. German Economy Minister Robert Habeck has indicated nearing an agreement with the EU, with details such as the timing of the transition to hydrogen still under discussion as part of the nation's Power Station Strategy.