In the coming winter, energy prices in Western countries may rise sharply as there may be an acceleration in China’s economic recovery. In addition, the upcoming winter period may be very severe and much colder than the previous one. In this respect informs Haber7 referred to the statement of MAE President Fatih Birol.
“In case of a rapid recovery and a harsh winter in the Chinese economy, natural gas prices may rise, which may put consumers in a difficult situation,” Birol said.
According to him, in such a scenario, governments will have to support households that may suffer from rising prices. Therefore, it is very important to pay attention to energy saving and renewable energy sources.
He added that it is not clear how strongly the Chinese economy is growing. However, there is a possibility of power outages in Europe this winter.
May 23, Qatar Energy Minister Saad Sherida Al-Kaabi at the Qatar Economic Forum declarationthat only a warm winter helped Europe avoid an energy crisis.
Previously reportedThe European Union has been saved thanks to energy savings and weather conditions, but the real test will begin in 2024.