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Germany To Introduce Legislation To Reduce Energy Consumption By 26.5%

GERMANY

According to a draft law seen by Reuters, "Germany's ruling coalition plans to require the private and public sectors to cut energy consumption by 26.5% by 2030 compared to 2008."

  • Reuters reports that concerns over shortages related to the supply of Russian gas have prompted the expansions of temporary measures enacted last year, including a campaign to push citizens and industry to cut consumption by 20%.
  • Reuters: "Before the crisis, between 2008 and 2020, the country's energy savings stood at less than 6%. This month, the German cabinet is due to pass a new law making even greater savings obligatory for the public and private sectors, according to the draft law."
  • Reuters states that the draft law "also sets unbinding reduction targets of 39% by 2040 and 45% by 2045."
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