Luxembourg city s latest energy storage subsidy policy

What are Luxembourg's Energy Policy Priorities?

Since the 2014 IEA review of Luxembourg’s energy policies, the country has made progress on its energy sector priorities of ensuring security of supply, promoting energy efficiency, increasing the use of renewable energy and reducing greenhouse gas (GHG) emissions.

Does Luxembourg offer a gas subsidy?

Luxembourg offers a subsidy of 15 cents per litre on heating fuel from November 2022 through December 31, 2023. This results in a €300 discount for a tank of 2,000 litres. Since October 1, 2022, the price of gas in Luxembourg is capped at 15% compared to its average level of September 2022.

Does Luxembourg need a new electricity infrastructure?

Luxembourg aims to cover over a third of 2030 electricity demand with renewables, mostly through variable renewable energy (VRE) from PV and wind generation. The share of VRE generation in imported electricity is also expected to increase significantly. Taken together, these factors will require substantial investment in electricity infrastructure.

How can Claude Turmes help households in Luxembourg?

On Wednesday, Minister for Energy Claude Turmes presented the new measures to help households in the context of rising energy prices and took stock of efforts to reduce overall consumption in Luxembourg. 1. Temporary electricity price subsidy

What is a temporary electricity price subsidy?

1. Temporary electricity price subsidy The stabilisation of electricity prices for residential customers at their average 2022 level and for all residential customers with an annual consumption of less than 25,000 kWh applies from 1 January 2023 to 31 December 2023. This measure applies automatically, meaning that no action is required. 2.

What is a temporary subsidy for electric cars?

6. Temporary subsidy of electricity benefitting users of publicly accessible charging points for electric cars The price reduction benefitting users of publicly accessible charging points is applied from 1 January 2023 to 31 December 2023 by mobility service providers in the register and located in Luxembourg.