Reiche revolutionizes energy policy: Focus on security and fair prices!

Reiche revolutionizes energy policy: Focus on security and fair prices!

Energy policy in Germany is undergoing fundamental change under the leadership of Minister Reiche. The federal government has decided to replace a large part of the management level of its ministry, which will result in a realignment of the energy supply strategy. In the future, the focus will be more on security of supply and affordable energy prices, although climate protection is no longer the sole goal. This change of perspective was based on physical and economic principles of the energy transition, such as Märkische Oder newspaper reported.

Despite this new direction, the expansion of renewable energies remains a central concern of the government. Aspects such as networks, storage and baseload are also important factors that must be taken into account in order to avoid uncertainties and high costs. Reiche also plans to participate in proposals relevant to economic policy that come from other ministries. This includes issues such as minimum wage, tax policy and labor law, which could potentially lead to conflicts with SPD-led ministries.

EU energy policy and its goals

German energy policy should also be seen as consistent with the goals of the European Union. The EU pursues an energy policy based on the principles of decarbonization, competitiveness, security of supply and sustainability. The main objectives of this policy include ensuring a functioning energy market and a secure energy supply as well as promoting energy efficiency and the expansion of renewable energies. To achieve these goals, the EU is committed to a complete energy union, as stated on the website European Parliament is visible.

In addition, the EU is formulating specific energy policy measures and targets for the coming years. The goal for 2030 is to increase the share of renewable energies in final energy consumption to 42.5% and to reduce primary and final energy consumption by 11.7% compared to 2020. These requirements are part of the legal framework, which also includes the “Fit for 55” package and the REPowerEU plan to reduce dependence on fossil fuels from Russia.

Challenges and security measures

Energy policy is also heavily influenced by geopolitical developments, particularly the war in Ukraine. In response to Russia's aggressive foreign policy, various security measures have been taken to counteract disruptions in energy supplies. These include, among other things, coordination measures and regulations to promote the trans-European energy infrastructure. Member States are required to draw up integrated national energy and climate plans and report on them every two years.

Finally, it is important to note that the principles of a common energy policy and the call for more ambitious energy efficiency and renewable energy targets continue to play a central role in the relevant political discussions. Diversifying energy sources and securing secure supply routes remain equally important in the current climate and geopolitical situation. This integrative approach to energy policy could also potentially influence Minister Reiche's new measures.