Electric space heater boom in Germany

On the eve of winter and amid uncertainty about the cost of energy, German residents are actively buying electric heaters.

Market research firm GFK reports that heater sales totaled 600,000 units in the first half of 2022. This is 35% more than in the first 6 months of last year. Daniel Strenger from Eisen Döring says:

“Everyone needs electric heaters right now, but they are sold out. They may be delivered in September, October or November. No company can say right now whether they will be delivered or not. Because everything is sold out.”

Customer Petra shares her concerns: “I’m worried that there may be difficulties. If I don’t have a heater, but there will be health problems? At least I need a warm bathroom! Maybe in the future we won’t be able to wash with hot water.”

Thomas O’Donnell, an oil and gas expert, gives a disappointing forecast that European “consumers will feel the impact” of the current situation in the world:

“We’ve already been told that in Germany the thermostats have to be adjusted from 22 degrees Celsius to 17, maybe even lower.”

Experts unanimously predict that the volume of gas supplies to Europe this year will be less, and prices will rise. In the guide EU meanwhile, they say they are taking action and strengthening the energy security of the European Union.

Earlier edition “AN” reported that the new floating gas terminal for the LNG terminal at Revitus will be operational by the end of August, nearly doubling the capacity of the facility. Environment and Energy Minister Kostas Skrekas said: “The Greek government has taken the necessary actions from the very beginning to protect our country from the unfavorable scenario of a natural gas shutdown next winter.”

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