No energy crisis expected in the Baltics this winter, but heating may cost more
Industry experts say there should be enough gas in the Baltic states this winter, but the price remains the question. Gas storage in Europe is less full than usual, and the Middle East is still unsettled.
As temperatures fall across Europe, people in the Baltic states are worried not only about fuel prices but also about what heating, gas and electricity will cost this winter. The news portal Delfi's editorial teams in Latvia, Lithuania and Estonia have looked into how harsh the heating season could be in terms of costs.
What affects prices
Industry experts note that the situation in the Middle East is still not calm. As a result, uncertainty in the global energy market remains high, and this is reflected in resource prices. In addition, this autumn Europe's gas storage facilities are filled to a comparatively lower level than usual.
Gas and wood fuel
In the Baltics, gas is expected to be sufficient, and experts do not foresee a crisis. The main question is the price of gas, which will affect household bills.
In recent years, wood-based fuel such as pellets and wood chips has also become more important for heating. Even so, its price this year unpleasantly surprised many people.
Overall, the assessment is that no serious threat to heating supply in the Baltic states is forecast, but living costs will be higher this winter.
