Germany is also feverishly preparing at the legislative level for a transition to an energy emergency. Critical Plenary Session with a series of energy laws.
His own “Whatever it takes” (We will do, that is, whatever is necessary) for the defense of energy security in Germany said last night speaking to ZDF the Green Minister for Economy and Energy Robert Habeck, in the model of Mario Draghi, when as head of the European Central Bank had said the historic “Whatever it takes” to save the euro and the eurozone. His personal bet is to secure German energy reserves by all means for this winter, despite a 60% cut in Russian gas flows so far.
“We must not remain passive or just look blankly at what is happening,” he said. He even warned the citizens of rapid increases in energy prices and bills, even talking about quadrupling them. “That can even mean a family’s monthly allowance.”
And Chancellor Olaf Solz speaking at the Renewable Energy Union’s Summer Fest spoke of a Russian energy war in Germany, with Moscow using “natural gas as a weapon”. In fact, in view of the threatened “deadline” for a final shut-off of the Nord Stream 1 pipeline on July 22 (the date of completion of Russian maintenance work that begins on July 11), the German chancellor said that “no one now believes that Russia will reduce natural gas exports only for technical reasons”.
Critical Energy Laws Today in Bundestag
The German government is feverishly preparing for the scenario that everyone avoids, so critical bills and last-minute updates are rushed through the German parliament today in order for the country to be legislatively ready for the “worst case scenario”. In the evening, the Plenary Assembly is expected to ratify the bill on the backup re-operation of coal-burning units as a compensation for natural gas losses and with the aim of immediately creating energy reserves. It is, however, an “expiration date” measure, with an end date of May 31, 2024, as the country has already committed to phasing out the use of coal.
Together with this bill, however, the -perhaps most critical of all- the updates to the Energy Security Law, which provide for immediate state bailouts of energy companies, the possibility of passing on increased energy costs to citizens and forced restrictions in order of priority on energy consumption, will also pass this evening. .
The German parliament also ratified on Thursday morning the big package for the transition of 80% to renewable energy sources (RES) by 2035, with a special provision for the creation of wind farms on 2% of the area of ​​each German state. The ultimate goal is for Germany to switch 100% to renewables by 2035. In fact, Minister of Economy and Energy Hambeck, who is behind the acceleration of the law on renewable energy sources, characteristically stated that “if Germany had taken this step ten years ago, we would not be in this situation today”.
However, the baton for the completion of the legislative process with regard to energy is already tomorrow received by the Federal Council, i.e. the German states.
Dimitra Kyranoudis, Berlin
Source: Deutsche Welle
Source: Capital
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