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Keyword: colderwinter

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  • Germans could switch to wood this winter to heat their homes as Russia withholds natural gas, Deutsche Bank says

    07/23/2022 8:57:08 PM PDT · by george76 · 90 replies
    Yahoo ^ | July 13, 2022 | Brian Evans
    Germany could embrace wood for heat if Russia further cuts gas flows, Deutsche Bank says. The bank said in a note that it expects German demand for gas to fall 10% below 2021 levels. ... German households could turn to wood as a heating source this winter as gas supplies remain tight while Russia restricts flows to Europe, Deutsche Bank .. expects gas consumption in Germany to be 10% below 2021 levels thanks to private households saving and high gas prices. It also noted that coal and lignite could emerge as replacements for natural gas in the industrial power sector....