Germany has made available €6bn in 2021 to finance energy efficiency measures, most notably programmes to modernise existing buildings with better insulation and more efficient heating systems. The "Federal Funding for Efficient Buildings" (BEG) will also simplify funding applications and processing. Germany expects subsidy-related CO2 savings to double to 14 Mt of CO2 by 2030 (compared with previous studies) and tax subsidies for building renovation to add 3 Mt in CO2 savings.
The Energy Concept of 2010 established ambitious targets: a 20% reduction in primary energy consumption by 2020 and 50% by 2050, a 10% reduction in electricity consumption by 2020 and 25% by 2050 (compared to 2008). The NECP maintains the energy efficiency targets of the Energy Concept. The provisional cumulative saving target amounts to 97 Mtoe for 2021-2030.
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