Within its borders, Germany has implemented the « Energiesicherungsgesetz », setting up an array of energy security solutions.
The act expands the set of policy options the government can use to maintain energy markets and supply chains in the event of a severe deterioration of gas supply.
It also enhances the incentive for customers to switch from fossil gas to electricity, which is a central element in Germany’s energy security strategy.
The country has also amended its statute to allow for government intervention and ensure market supply stability in case of an imminent threat to the energy supply.
On an international scale, Germany also plans to reduce its energy imports.
The country relies heavily on fossil fuels, which has caused and will be the cause of instability due to global price changes and geopolitical volatility.
To achieve this goal, Germany plans to rely more on locally produced electricity and is implementing an ambitious renewable energy reform with €200 billion in investments to achieve a 100% renewable power supply by 2035.
Moreover, the country is massively expanding its LNG infrastructure to ensure energy supply in case of accidents or sabotage to some of its infrastructure such as pipelines from Norway.
Germany’s energy security strategy focuses on reducing imports, investing in renewables and securing supply chains.
The French energy market relies heavily on nuclear power, with the highest share of nuclear generation (67% in 2020, but only 40% in 2022) among the IEA countries.
Combined with large hydropower and renewable outputs, 80% of the energy production in France is local and carbon-free.
However, this stability is at risk through the planned decommissioning of ageing nuclear plants and the target to reduce the share of nuclear generation to 50% by 2035.
Among the published energy security solutions, France has announced the update of nuclear plants for long-term operation, to support a secure and affordable energy transition and compensate REN intermittency.
Within its borders, France has set a target of 40% renewables in its production by 2030 and is working on its Multiyear Energy Plan (MEP), which outlines the actions to be taken within the next 10 years.
The country plans to increase and diversify its energy storage, including hydrogen electrolysers, battery storage, or traditional pumped hydro.
The national implementation of the European laws also means that France needs to reduce its energy consumption by 10% by the end of 2024. The country has set up a sobriety plan and fosters the renovation of private and industrial buildings, energy efficiency in the industry, the public administration and transportation.
France secures its energy supply by improving energy efficiency and renewables.
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