In the near future, the foreign exchange prices of gas in the European Union (EU) will depend on the weather. This view has been expressed by economists. interrogated agency RIA Novosti.
According to Sergey Kolobanov, Vice President of the Strategic Research Center’s Fuel Economy and Energy Sectors, the cost of fuel will be greatly affected by air temperatures and to a lesser extent by the availability of sufficient wind power. Generate electricity and bright days for solar power plants.
“Strong winds increase the energy output of windmills, thus reducing the need for gas-fired electricity generation. Temperature is a more important factor, said Ronald Smith, Senior Analyst at BCS World of Investments.
Currency prices for gas in Europe this week, after Gazprom announced that deliveries to Moldova via Ukraine could be sharply reduced accelerated Growth rates of up to 4% exceed $1,280 per thousand cubic metres.
Also, Jeremy Weir, CEO of Trafigura, Singaporean metal and energy resources supplier aforementionedIt was stated that thanks to the hot weather that has continued in Europe in recent weeks, the region will be able to get rid of the natural gas shortage this winter and next winter.