“We’re facing a winter where for millions it won’t be about choosing between heating or eating but tragically being able to afford neither,” he warned.
“This can’t happen,” the mayor insisted, adding that the British government “needs to step in so that people can meet their basic needs.”
He accompanied the post with a data from the Auxilione energy consultancy, predicting that energy bills in the UK could increase by 80% in October, exceeding £3,600 ($4,292) per year on average. For comparison, the cap set by energy industry regulator, Ofgem, in October 2021 stood at £1,400 per year.
Gas shortages, freezing temperatures, firewood hoarding: Just how bad could things get this winter?
RT
Natural gas prices across Europe have quadrupled this year. Looking ahead to winter and imagining the new heights energy values may hit, consumers are starting to opt for an alternative (old) form of heating – wood. Huge demand for combustibles, as well as for wood stoves, has been detected in several Western states.
In Germany, where almost a half of homes are heated with gas, people are turning to a more guaranteed energy source. Firewood sellers tell local media that they are barely coping with the demand. The country is also witnessing a rise in cases of wood theft.
Next door, in the Netherlands, business owners note that their clients are buying wood earlier than ever. In Belgium, wood producers are struggling with demand, while prices are going up – as they are across the region.
In Denmark, one local stove manufacturer told the media that, while demand for his product was on the rise since the start of the Covid pandemic, this year’s profit is forecast to reach over 16 million kroner (€2 million), compared with 2.4 million in 2019. A huge increase.
Even Hungary, a country that didn’t support the EU’s decision to phase out Russian fossil fuels and agreed a new gas purchase with Moscow this summer, is making preparations for a tough winter. The country has announced a ban on the export of firewood and relaxed some restrictions on logging. The World Wildlife Fund Hungary has expressed its concern on the matter, declaring:
In fact, the conflict in Ukraine is not the only reason for the energy crisis. The increase in prices had already been observed in 2021.
“It was the effect of supply chain interruptions due to COVID, a very cold winter, very hot summer and China’s energy crisis, that led to [the] buying [of] huge amounts of LNG around the world,” says Professor Phoebe Koundouri, Director of the Research laboratory on Socio-Economic and Environmental Sustainability at Athens University of Economics and Business, and President of the European Association of Environmental and Resource Economists.
No comments:
Post a Comment