Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/307101 
Year of Publication: 
2024
Citation: 
[Journal:] DIW Weekly Report [ISSN:] 2568-7697 [Volume:] 14 [Issue:] 45 [Year:] 2024 [Pages:] 263-273
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Abstract: 
In 2023, heating energy prices increased by substantial 31 percent compared to the previous year, following a 33 percent increase already seen in 2022. Calculations based on data from the energy service provider ista show average price increases were the highest in the German state of Rhineland- Palatinate, and the lowest in Hamburg. Owing to these price hikes and ongoing energy-saving efforts, the temperature- adjusted heating energy consumption of two- and multi- apartment buildings in Germany covered in this study fell by an average of four percent compared to the previous year, which was slightly less than the decline observed in 2022. The biggest energy savings were seen in households in Saxony. At the same time, temperature-adjusted CO2 emissions per square meter also fell, although to a slightly lesser extent than in 2022. With heating energy prices stabilizing, the momentum in emissions reductions is expected to slow down. If Germany is to meet its climate targets, further efforts are needed, particularly in improving energy efficiency in the building sector and in switching to renewable heating systems.
Subjects: 
Heating demand
heating costs
building energy efficiency
residential buildings
gas prices
JEL: 
R31
Q21
Q40
Persistent Identifier of the first edition: 
Document Type: 
Article

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