Gas consumption down by 20 percent in 3Q

Gas consumption in the Czech Republic fell by 20 percent year-on-year in the third quarter, the CTK news agency reported citing Kamil Rajdl, an analyst at Amper Meteo. According to Rajdl the drop in consumption is linked to the later start of the heating season and probably also the closure of some companies due to the energy crunch and soaring inflation. Gas became more expensive in July and August, with the price reaching an all-time high on the stock exchange in August. Electricity consumption has also dropped slightly year-on-year as interest in photovoltaics continues to grow.