• 35 mins U.S. Energy Firm Seeks to Build Pennsylvania LNG Export Terminal
  • 2 hours MIT Technology Could Slash Energy Use in Oil Refining by 90%
  • 4 hours Trump Admin Asks Energy Transfer for Ethane Export License
  • 5 hours Oil Prices Slip on a Saudi Price Cut and a U.S. Inventory Build
  • 18 hours Ukraine Launches Russian-Free Gas Route via Trans-Balkan Corridor
  • 19 hours Banks Expect WTI Oil Prices Below $60 for 2025
  • 20 hours Trump to Use Emergency Powers to Boost U.S. Critical Minerals Industry
  • 21 hours Russia's Wealth Fund Shrinks by $5.8 Billion Amid Oil Price Slump
  • 23 hours Japan’s LNG Inventories Rise Ahead of Peak Summer Demand Season
  • 24 hours PetroChina to Shut Its Largest Northern Refinery Within Weeks
  • 1 day Global Automakers Alarmed Over China’s Rare Earths Export Controls
  • 1 day Texas Removes BlackRock From Energy Boycott Blacklist
  • 1 day Iran Oil Exports to China Shrink
  • 1 day Alaska LNG Interest Hits $115 Billion
  • 2 days Large Build in Gasoline Stocks Overshadows Losses in Crude Inventories
  • 2 days Venezuela Defies U.S. Sanctions as Oil Exports Hold Steady
  • 2 days The OPEC+ Nations That Were Reluctant to Boost Production
  • 2 days Diamondback Unit to Buy Sitio Royalties in $4-Billion All-Stock Deal
  • 2 days Crude Processing At One of Europe’s Top Refineries Goes Offline
  • 2 days Brazil Looking for $6.2 Billion From Its Oil Industry
  • 2 days Oil Prices Extend Gains on Supply Worry
  • 2 days Maintenance Season Causes Dip in U.S. LNG Exports
  • 3 days U.S. Gas Prices Dip Ahead of Summer Driving Season
  • 3 days Wildfires Shut Down 350,000 Bpd of Alberta Oil Output
  • 3 days Oil Soars 4% As Ukrainian Drones Override OPEC+ Hikes
  • 3 days Carney Vows to Fast-Track Canadian Energy Projects
  • 3 days Trump Administration to Roll Back Biden’s Curbs on Alaska Oil Drilling
  • 3 days Turkey Partners With Socar and BP in Azeri Caspian Sea Gas Field
  • 3 days Russia’s Pipeline Gas Supply to Europe Rose in May
  • 3 days Kazakhstan’s Giant Kashagan Oilfield to Hit 1 Billion Barrels Production Soon
  • 3 days European Asset Manager Sells All Its Exxon Shares Over Climate Goals
  • 3 days UK Industry Body Flags Exorbitant Energy Costs
  • 3 days Goldman Expects OPEC+ Output Hikes to End in August
  • 6 days EIA Paints Bearish Picture for Oil Market With Record Supply, Low Demand
  • 6 days EOG Drops $5.6B on Big Bet on the Utica
  • 6 days Refiners Cheer Good Start to U.S. Driving Season
  • 6 days Supertanker With Russian Oil Anchored Near China Could Signal Weak Demand
  • 6 days EU Set to Propose More Flexible 2040 Emissions Target
  • 6 days U.S. Ethane Exports Face Licensing Hurdles After China Lifts Tariffs
  • 6 days India’s Eastern Diesel Exports Jump to 4-Year High
Why the Hydrogen Dream Remains Unfulfilled

Why the Hydrogen Dream Remains Unfulfilled

President Bush’s 2003 vision for…

StanChart: OPEC+ Is About To Become Much More Transparent

StanChart: OPEC+ Is About To Become Much More Transparent

OPEC+ launched a major initiative…

IEA Sees 2025 Energy Investment Hitting $3.3 Trillion

IEA Sees 2025 Energy Investment Hitting $3.3 Trillion

Global energy investments are forecast…

Irina Slav

Irina Slav

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.

More Info

Premium Content

Germans Are Outraged About The Country's Oil And Gas Boiler Ban

Boiler

Germans are criticizing a government plan to ban oil and gas boilers and replace them with heat pumps, arguing it is happening too fast and is going to cost a lot of money.

Germany wants to become net-zero by 2045. To this end, the government recently announced it would ban boilers working with fossil fuels, effectively forcing people to switch to heat pumps as the only green enough option for people with no access to district heating.

The cost of the ban is estimated at over 9 billion euros, or $10 billion, annually until 2028. After that, according to the Scholz government, costs will drop by almost half thanks to a ramp-up in heat pump production and a scale-up of wind and solar capacity.

The government is offering financial help to households, to the tune of 30% of the cost of the switch but Germans appear to not be particularly enticed by that offer.

“People are outraged and furious,” Petra Uertz of the Residential Property Association told the Financial Times. “They can’t understand why it has to happen so quickly.”

“This law affects 66mn Germans . . . and there is enormous disquiet,” according to Marie-Agnes Strack-Zimmermann, a senior MP from the liberal Free Democratic Party.

The FDP is one of the three parties in the coalition government led by Olaf Scholz and it is not a fan of the gas boiler ban.

“We shouldn’t be tying it to a particular date come hell or high water, there are things in it that must be changed first,” Strack-Zimmermann told German media, saying the Green Party’s insistence on passing the ban as law before the summer break was absurd.

The Green Party, by the way, is losing popular support faster than snow melts in May. According to the latest figures, as presented by the FT, it is now less popular than the right-wing Alternative for Germany, with a popularity rating of 14%.

What’s more, the ban has triggered a jump in demand for gas boilers: it would only come into effect as of January next year, so if people install boilers before this year’s end, they can keep using them.

By Irina Slav for Oilprice.com


Download The Free Oilprice App Today
Download Oilprice.com on Apple Download Oilprice.com on Android

Back to homepage



ADVERTISEMENT



Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News