Comments by "Paul Aiello" (@paul1979uk2000) on "A Toasty Winter in Europe" video.
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I'm in the north of England and beside about a week or so where it was cold, it got as cold as -9C for 2 days, which is the coldest it's been since I moved into this house about 15 years ago, but anyway, it's been quite modest for the rest of winter where we've not even used any heating in January at all, but when Putin invaded Ukraine, we had a feeling on what was going to happen so throughout the summer, we did a lot of insulating so we don't need as much heating and so far, it seems to be going really well.
As for gas reserves in the EU, they've actually been going up about a week ago, which is remarkable being as we are deep into winter and you would expect it to go down and I have a feeling that gas reserves are going to hold up very well that it shouldn't be that hard to refile them up for next winter, they are already around 83% and half of winter has already happened.
As for temps where I live, it's more or less cold outside around 0C and 10C, but indoors, it feels comfortably warm, insulation if done right can make a big difference and I suspect the savings will be massive once energy prices are back to normal.
There is also the factor of energy efficiency improvement that are being done and I think the EU countries reduced their energy need by 26%, I suspect they will reduce by a further 10-15% this year, this longer term once energy prices start dropping could have a positive impact on the economy as the overall energy running cost are lower, especially as a lot more renewables are being thrown in the mix.
Everything Putin has been doing is backfiring, the war in Ukraine isn't going well for him, it's costly for the Russian economy whiles isolating Russia, European countries and much of the world are speeding up the translation to alternative energy sources a lot sooner than they were doing and I think in Europe at least, Russia have become the biggest losers here, I also think gas going to end up losing out as it's not east and cheap to transport LNG, so Europeans will shift away from gas to other sources of energy unless countries that produce gas find a way of making LNG a lot cheaper to ship, also, because of the energy security issue, I suspect a lot more countries are going to want to generate a lot more energy back home, more so as OPEC are playing games with cutting production to push the price up, all they are doing is killing the fossil industry a lot sooner than it would be and this is great news for renewable energy.
In any case, did these clowns honestly think Europeans were going to put up with high prices because of no real alternative? The free market doesn't work that way, basically, the high prices are giving Europeans a massive incentive to move to alternatives and that can happen quite rapidly if there is enough incentive, so in that sense, the high prices are doing a world of good for us all.
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