1973-1978

Oil price shock and establishment of an energy commission

The Arab oil-producing states cut back on their production, triggering the first oil price shock in 1973. At the PTT, there is a huge rise in costs. In 1978, it sets up an energy commission, which looks mainly at the issues of how to save energy and which alternative energy sources could potentially be used. There is a campaign with the slogan “Think for yourself – save for yourself!”