Green transition

More support for renewable energies and energy savings

New measures will help Luxembourg shift to renewable energies and limit the prices of gas and electricity. Shutterstock

New measures will help Luxembourg shift to renewable energies and limit the prices of gas and electricity. Shutterstock

Measures to help households speed up the energy transition were approved by Luxembourg’s Conseil de gouvernement on 11 November. The measures range from the stabilisation of electricity prices to financial aid for solar installations.

As part of the tripartite agreement Solidaritéitspak 2.0, the Conseil de gouvernement has approved a package of measures to help households switch to renewable energies and decrease their dependence on fossil fuels.

The measures will last until 31 December 2023. They include the stabilisation of electricity prices for residential customers at their 2022 level, a limit to the increase of natural gas prices to 15% compared to the average natural gas price in September 2022, reduced prices of heating oil and liquefied petroleum gas, and subsidies for wood pellets used for heating for households.

The “Klimabonus wunnen” financial aid scheme was also revised. The financial aid given for the replacement of a boiler that uses fossil fuels with one based on renewable energy has increased to 50% from 30%. A supplement of 25% for photovoltaic solar installations operated for self-consumption has also been added, along with a 25% top-up for sustainable energy sanitation.

Luxembourg’s energy ministry has implemented an energy saving campaign called “Zesumme spueren - Zesummenhalen” to save energy at the state, municipality, company and household level. It includes tips to save energy, as well as financial aid to boost the transition to renewable energies and support low-income households.

According to Eurostat, from January to June 2022, household gas prices rose by 37% in Luxembourg compared to the first six months of 2021. In contrast, household electricity bills rose by less than 2% during the same time period.