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Germany introduces energy saving provisions as key relief runs out and higher prices loom
(Clean Energy Wire, 26 Aug 2022) The German government has introduced a package of energy saving provisions for businesses and state entities that will take effect in September, just as key relief measures run out and citizens are set to face higher prices for fuels and public transport.
The three-month tax reduction on transport and heating fuels, such as petrol and diesel, as well as the 9-euro public transport ticket expire on 31 August - meaning rising costs for energy will be felt even more strongly by households and companies. The government therefore urged customers to reduce consumption to save both energy and money, urging a "nation-wide effort" to ensure severe effects of the energy supply crisis are avoided and dependence on Russian fossil fuel imports ends.
Germany and Europe are grappling with the fallout of Russia’s war against Ukraine on energy supply and costs. Prices of oil, gas and coal have risen sharply in recent months, as many countries have begun phasing out Russian supplies and are instead searching for alternatives on world markets. The scramble for alternative gas supplies and fears of yet more cuts to delivieries from Russia have both greatly driven up prices, which are set to cause severe financial challenges for households and businesses in the months ahead.
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Clean Energy Wire, 26 Aug 2022: Germany introduces energy saving provisions as key relief runs out and higher prices loom
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