Luxembourg city s latest energy storage 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.

Is Luxembourg ready for a low-carbon economy?

Luxembourg is targeting a sharp reduction in emissions by 2030, but new measures are needed to boost investment in renewables and energy efficiency, new IEA report says. The International Energy Agency released its latest in-depth review of Luxembourg’s energy policies today, welcoming the country’s ambitions to shift to a low-carbon economy.

What is Luxembourg doing about energy security?

Luxembourg is also actively cooperating with neighbouring countries on energy security and is planning to strengthen its electricity grid to support additional imports and domestic renewable generation.

What is Luxembourg doing to ensure a secure supply of electricity?

The IEA report notes that Luxembourg is undertaking actions on several fronts to ensure a secure supply of electricity. The country is aiming to increase domestic electricity generation to cover one-third of national demand by 2030, mostly from solar PV and wind.

Is Luxembourg ready to achieve its energy goals?

“The IEA is ready to support the government’s efforts to achieve these goals, starting with the recommendations contained within this report.” The report notes that Luxembourg faces challenges in achieving its energy objectives. The country’s energy supply is dominated by fossil fuels, and carbon dioxide emissions are rising since 2016.

Are energy prices a long-term investment obstacle in Luxembourg?

Energy prices are also cited by Luxembourgish businesses (84%) as uncertainty about the future as their top long-term investment obstacles. Emissions of carbon dioxide in total, per capita in 2007 were 22.4 tons CO 2 compared to EU 27 average 7.9 tons CO 2. 1990 emissions were 13 Mt CO 2eq Kyoto protocol target is reduction of 4 Mt (28%).