Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Winter weather could be mild, German met office DWD says
    Top Stories

    Winter weather could be mild, German met office DWD says

    Published by Jessica Weisman-Pitts

    Posted on November 10, 2022

    2 min read

    Last updated: February 3, 2026

    The image depicts a sunny winter day in Berlin, highlighting the DWD's forecast for a mild winter in Germany. This forecast could ease energy supply concerns during the ongoing crisis.
    Sunny winter day in Berlin, reflecting mild winter forecasts amid energy concerns - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Climate ChangeEconomic Planningsustainabilityfinancial stability

    Quick Summary

    FRANKFURT (Reuters) – Germany could be in for a mild winter, the meteorological office DWD said on Thursday, raising the possibility that energy supply tightness caused by Russia’s curbs of fuel exports might not hurt consumers and industry as badly as feared.

    FRANKFURT (Reuters) – Germany could be in for a mild winter, the meteorological office DWD said on Thursday, raising the possibility that energy supply tightness caused by Russia’s curbs of fuel exports might not hurt consumers and industry as badly as feared.

    European gas prices have hit multi-year highs this year as Russia dramatically cut volumes it sends to Europe amid war in Ukraine, raising prospects of shortages for manufacturers and cold homes and driving up costs.

    “We expect a comparatively mild winter,” said Tobias Fuchs, Director Climate and Environment of the DWD. “If the model is right, we will be able to save heating energy as a result.”

    Looking ahead into December through February 2023, the coldest three months of the season, DWD predicted a mean temperature of at least two degrees Celsius, which would place 2022/23 in the 33% of mildest winters of the reference period 1991-2020.

    The multi-year average of this period is 1.4 degrees.

    Germany, Europe’s biggest economy and power market is also a leading consumer and importer of gas, coal and oil. Half of all households heat with gas.

    Germany’s energy regulator on Thursday noted that gas consumption last week, the running year’s 44th, was down slightly compared to a four-year average over 2018-2021.

    The authority would be in charge of gas rationing if things got tight and has pleaded consumption must fall by at least 20%, to stem shortfalls.

    Its president Klaus Mueller has warned that just a few freezing cold days could cause a dramatic jump in gas usage and that underground gas inventories, even at a current 99.6% filling level, would only last 9 to 10 weeks.

    Refinitiv meteorologist Georg Mueller on Monday issued a seasonal forecast for taking a similar line, predicting near normal or slightly warmer than normal patterns until January in northern and southern Europe.

    Major colder than normal spells in January and February were not likely, he added.

    (Reporting by Vera Eckert, editing by Raissa Kasolowsky)

    Frequently Asked Questions about Winter weather could be mild, German met office DWD says

    1What is energy supply tightness?

    Energy supply tightness refers to a situation where the demand for energy exceeds the available supply, potentially leading to shortages and increased prices for consumers and industries.

    2What is a mean temperature?

    Mean temperature is the average temperature calculated over a specific period, often used to assess climate patterns and trends.

    3What is gas consumption?

    Gas consumption refers to the amount of gas used by households and industries for heating, cooking, and energy production.

    4What is the role of an energy regulator?

    An energy regulator oversees the energy market, ensuring fair pricing, reliable supply, and compliance with regulations to protect consumers.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostGlobal economic crisis strangling progress for poor, warns U.N. development chief
    Next Top Stories PostEU proposes tighter vehicle pollution emission standards