The Japan Times - Saving energy in everyday life or a complete rip-off?

EUR -
AED 4.097816
AFN 72.527946
ALL 90.712998
AMD 404.811747
ANG 1.99706
AOA 1024.313507
ARS 1724.662178
AUD 1.623096
AWG 2.008458
AZN 1.91877
BAM 1.953926
BBD 2.256892
BDT 139.72599
BGN 1.950247
BHD 0.422793
BIF 3352.449481
BMD 1.11581
BND 1.432668
BOB 13.291252
BRL 6.230345
BSD 1.120725
BTN 105.323984
BWP 15.375116
BYN 3.355477
BYR 21869.872723
BZD 2.253918
CAD 1.585326
CDF 2583.100203
CHF 0.922108
CLF 0.0279
CLP 1098.064116
CNY 7.442842
CNH 7.446837
COP 3690.831133
CRC 506.911552
CUC 1.11581
CUP 26.896962
CVE 110.159347
CZK 24.353609
DJF 199.538223
DKK 7.475346
DOP 67.974501
DZD 152.322563
EGP 59.441086
ERN 16.737147
ETB 179.813105
FJD 2.521675
FKP 0.837623
GBP 0.836361
GEL 2.900602
GGP 0.837623
GHS 13.123413
GIP 0.837623
GMD 82.569707
GNF 9928.433203
GTQ 8.563787
GYD 234.834771
HKD 8.754365
HNL 30.127233
HRK 7.552928
HTG 146.895822
HUF 364.308582
IDR 20253.064275
ILS 3.538138
IMP 0.837623
INR 104.639586
IQD 1698.955315
IRR 2126817.227366
ISK 136.806464
JEP 0.837623
JMD 177.867814
JOD 0.7911
JPY 177.20958
KES 144.999439
KGS 97.577343
KHR 4570.636808
KMF 493.187739
KPW 1004.228806
KRW 1489.840304
KWD 0.347051
KYD 0.933896
KZT 500.345637
LAK 25225.015582
LBP 100356.101099
LKR 372.449448
LRD 190.51557
LSL 18.372503
LTL 3.294696
LVL 0.674942
LYD 7.18411
MAD 10.932215
MDL 20.138054
MGA 5121.567239
MKD 61.529349
MMK 2342.916727
MNT 4020.769368
MOP 9.055134
MRU 45.209437
MUR 52.587814
MVR 17.179495
MWK 1943.318757
MXN 20.739588
MYR 4.546978
MZN 71.31144
NAD 18.372914
NGN 1501.914249
NIO 41.006083
NOK 10.604989
NPR 168.517621
NZD 1.990159
OMR 0.428949
PAB 1.120725
PEN 3.819334
PGK 5.019192
PHP 70.494669
PKR 309.947231
PLN 4.396012
PYG 6917.311752
QAR 4.085282
RON 5.343504
RSD 117.623643
RUB 92.835034
RWF 1658.09487
SAR 4.192115
SBD 9.027735
SCR 15.61324
SDG 671.145774
SEK 11.024313
SGD 1.430513
SHP 0.836094
SLE 25.547314
SLL 23397.979196
SOS 640.479979
SRD 41.894194
STD 23095.010728
STN 24.476306
SVC 9.806507
SYP 14507.759094
SZL 18.378373
THB 37.519083
TJS 10.29923
TMT 3.905334
TND 3.347703
TOP 2.686602
TRY 56.050138
TTD 7.600642
TWD 36.644646
TZS 2951.791192
UAH 50.972855
UGX 4572.61443
USD 1.11581
UYU 45.346102
UZS 13419.768365
VES 1004.776153
VND 28606.016684
VUV 133.693197
WST 3.109828
XAF 655.957
XAG 0.021063
XAU 0.000275061032
XCD 3.015532
XCG 2.019745
XDR 0.788935
XOF 655.957
XPF 119.331742
YER 263.891149
ZAR 18.441943
ZMK 10043.624196
ZMW 22.830625
ZWL 359.290311
SSP 6410.771031
MXV 2.330291
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

Saving energy in everyday life or a complete rip-off?
Saving energy in everyday life or a complete rip-off?

Saving energy in everyday life or a complete rip-off?

Global energy supply has been tightened by the Middle East conflict. Before the latest war, about 20 % of the world’s oil moved through the Strait of Hormuz. Fighting has throttled this shipping corridor and sent Brent crude prices soaring by 59 % to $115.66 per barrel in March 2026. The International Energy Agency (IEA) responded by releasing 400 million barrels from strategic reserves, the largest draw in its history. Liquefied natural gas deliveries to Europe have also fallen sharply, increasing the risk of shortages.

Countries have adopted emergency measures. South Korea has said it could extend driving restrictions beyond public institutions if crude rises to $120–130 per barrel. Nigeria’s petrol prices have jumped 65 %, prompting tax breaks and fuel rationing. Ethiopia’s state-owned engineering group told staff to switch to virtual meetings to save fuel. Sri Lanka has cut its work week to four days, and the Philippines declared a national energy emergency.

IEA recommendations and policy responses - the IEA proposes ten measures aimed at reducing demand in the short term. Key recommendations include:
- Work from home – remote work where possible to reduce commuting.
- Lower speed limits – cutting highway speeds by at least 10 km/h to save fuel.
- Avoid air travel – opt for trains or buses for shorter trips.
- Accelerate energy-efficiency upgrades – insulate buildings better and modernize heating systems.
- Invest in renewable energy – expand solar and wind power, deploy heat pumps and electrify transport.

Governments are combining these measures with rationing. Indonesia plans to impose driving restrictions and price controls. Fuel tax cuts and subsidies are being used to cushion households in many countries. Meanwhile, workers and businesses are demanding structural reforms to ensure long-term energy security.

Situation in Germany
Germany has past experience with saving energy. During the 2022 gas crisis, households cut gas consumption by 20 % and electricity use by 6–7 %. Nevertheless, gas storage levels were only 22.27 % full in April 2026 and need to reach 80 % before winter. Oil reserves cover about three months of imports. Experts like Martin Pehnt urge investment in insulation, heat pumps, solar power and industrial decarbonization to reduce fossil-fuel dependence.

Surveys show a mixed public response. An ista poll found that 69 % of participants save energy to reduce costs, yet nearly half plan to maintain their current consumption. A survey by Hansgrohe/YouGov reported that 69 % of respondents are willing to shorten their showers or lower the water temperature, but only 32 % actually reduce temperature. Some 72 % oppose government mandates to save water. Willingness to save energy varies widely across age groups and regions.

The question that citizens in Germany keep asking media representatives is: "Why are the prices of petrol, diesel and energy so high? Is it a brazen, pure rip-off by the state, perpetrated by completely incompetent politicians, or what are the reasons?"

Text size:

Public debate and outlook
The debate about personal conservation is intense. Advocates argue that small steps – shorter showers, turning down thermostats, driving less – can deliver immediate savings. Critics call such advice symbolic, saying structural reforms are needed: massive investments in renewable energy, improved public transport, extensive renovation programmes for housing stock and fairer energy pricing. Online comments also note that not all households have the same capacity to save; renters often cannot upgrade insulation, and commuters depend on their cars.

With no quick end to geopolitical tensions in sight, energy prices are unlikely to fall soon. A combination of individual actions and policy measures is crucial to ensure supply and affordability. Ultimately, only a structural shift towards renewable energy sources can end recurring crises.