ÍþÁ¦²ÊÍæ·¨

News
29 Mar 2022, 13:51
Kerstine Appunn

High prices reduced German energy consumption despite post-pandemic GDP recovery

ÍþÁ¦²ÊÍæ·¨

Germany’s overall energy consumption slightly increased in 2021, reaching 12,265 petajoules (PJ), energy data service AG Energiebilanzen (AGEB) . But although consumption climbed 3.1 percent compared to the previous year, it still was noticeably lower than before the coronavirus pandemic and a large part of last year’s increase is attributable to the much colder weather in winter, spring and autumn, AGEB said. Adjusted for the weather effect, energy consumption would have only increased by 0.6 percent, it added. While overall economic output, the gross domestic product (GDP), grew by 2.7 percent and thus triggered greater energy use, high prices caused a noticeable reduction in consumption last year and slowed down the growth-related rise. 

The import prices for crude oil, natural gas and hard coal rose somewhere between 67 to 139 percent. At the same time, prices for COâ‚‚ emission certificates more than doubled compared to the previous year and reached historic highs by the end of 2021.

All texts created by the ÍþÁ¦²ÊÍæ·¨ are available under a . They can be copied, shared and made publicly accessible by users so long as they give appropriate credit, provide a link to the license, and indicate if changes were made.
« previous news next news »

Ask ÍþÁ¦²ÊÍæ·¨

Sven Egenter

Researching a story? Drop ÍþÁ¦²ÊÍæ·¨ a line or give us a call for background material and contacts.

Get support

+49 30 62858 497

Journalism for the energy transition

Get our Newsletter
Join our Network
Find an interviewee