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As Europe is bracing for a difficult winter as soaring natural gas prices and a supply crunch, the sales of electric blankets, embedded with thin electric wires that disperse heat once plugged in, are up 67% from a year earlier. 
 
 
Europe is bracing for a difficult winter as soaring natural gas prices and a supply crunch driven by Russia’s war in Ukraine prompt governments to draw up energy rationing plans. Households, already battered by surging inflation, are looking for savings as they face eye-watering utility bill hikes. 
 

Electric blanket sales surge 67% in Europe, here's the reason

Data shows that total electric-blanket exports to Europe hit $33.4 million from January through July, which is almost double the whole of last year

As Europe is bracing for a difficult winter, the sales of electric blankets from China, embedded with thin electric wires that disperse heat once plugged in, are up 67% from a year earlier.&nbsp;
According to reports, online searches for the products have climbed almost 470%.
Daily inquiries from European buyers have increased fivefold, and most people request urgent shipping, according to China's Shenzhen-based company. The company expects to deliver over 10,000 blankets to the continent in the next month.
Europe is bracing for a difficult winter as soaring natural gas prices and a supply crunch driven by Russia&rsquo;s war in Ukraine prompt governments to draw up energy rationing plans. Households, already battered by surging inflation, are looking for savings as they face eye-watering utility bill hikes.&nbsp;

About 1 in 6 American homes or more than 20 million households have fallen behind on their utility bills, creating the worst crisis the country has ever seen.
The surging utility bills are in part due to higher natural gas prices. In the US, the price of natural gas has soared more than 150% year-to-date amid increased demand for the fuel from both overseas markets and at home.
According to the National Energy Assistance Directors Association (NEADA), those households owe a combined $16 billion in unpaid utility bills, double the pre-pandemic total. The average balance owed has climbed 97% since 2019, to $792. 
The power bill crisis is even more acute in Europe, where the spike in natural gas prices has been far greater in the wake of Russia’s invasion of Ukraine and summer heat waves. 

Tsunami of shutoffs: 20 mn US homes have not paid their power bill 

Tsunami of shutoffs: Unpaid power bills by 20 million US homes 

Soaring electricity prices are beginning to take a toll on US households as they fall behind their utility bill payments

About 1 in 6 American homes or more than 20 million households have fallen behind on their utility bills, creating the worst crisis the country has ever seen.
The surging utility bills are in part due to higher natural gas prices. In the US, the price of natural gas has soared more than 150% year-to-date amid increased demand for the fuel from both overseas markets and at home.
According to the National Energy Assistance Directors Association (NEADA), those households owe a combined $16 billion in unpaid utility bills, double the pre-pandemic total. The average balance owed has climbed 97% since 2019, to $792.&nbsp;
The <a href="https://www.editorji.com/business-news/don-t-pay-find-out-why-75-000-brits-will-stop-paying-their-power-bill-1660016159417">power bill crisis</a> is even more acute in Europe, where the spike in natural gas prices has been far greater in the wake of Russia&rsquo;s invasion of <a href="https://www.editorji.com/world-news/ukraine-marks-independence-day-six-months-after-start-of-war-1661332651798">Ukraine </a>and summer heat waves.&nbsp;

In what could trigger an energy standoff between Russia and the European Union, Moscow’s state-owned energy company Gazprom on Wednesday halved the amount of natural gas flowing through a major pipeline Nord Stream 1 to 20 percent of capacity. 

Russia makes further 20% cut in gas supply as Europe plans curbing consumption

It's the latest gas supply reduction that Russia has blamed on technical problems but Germany has called it&nbsp;&lsquo;a political move&rsquo; to sow uncertainty and push up fuel prices amid the war in Ukraine.&nbsp;

In what could trigger an energy standoff between Russia and the European Union, Moscow&rsquo;s state-owned energy company Gazprom on Wednesday halved the amount of natural gas flowing through a major pipeline Nord Stream 1 to 20 percent of capacity.&nbsp;
It's the latest gas supply reduction that Russia has blamed on technical problems but Germany has called it &lsquo;a political move&rsquo; to sow uncertainty and push up fuel prices amid the war in Ukraine.&nbsp;
The move comes a day after EU countries approved a weakened emergency plan to curb gas demand by 15 percent, hoping lower consumption will ease the impact in case Moscow stops supplies altogether.&nbsp;
The Russian energy giant announced Monday that it would slash flows on the Nord Stream 1 pipeline that runs to Germany because of equipment repairs.&nbsp;
It's raised new fears that Russia could completely cut off gas that is used to power industry, generate electricity and heat homes to try to gain political leverage over Europe as it tries to bolster its storage levels for winter.&nbsp;
Data on the Nord Stream website and the head of Germany's network regulator, Klaus Mueller, confirmed the reduction.&nbsp;
&ldquo;Gas is now a part of Russian foreign policy and possibly Russian war strategy,&rdquo; Mueller said.&nbsp;
Natural gas prices have surged on Europe's TTF benchmark to levels not seen since early March and are nearly six times higher than they were a year ago.&nbsp;
Soaring energy prices are fuelling record inflation, squeezing people's spending power and heightening concerns that Europe could plunge into recession if it does not save enough gas to get through the cold months.&nbsp;
Also Watch| <a href="https://www.editorji.com/world-news/eu-reaches-deal-to-ration-gas-amid-russian-cut-off-fears-1658840404501">EU reaches deal to ration gas amid Russian cut-off fears</a>
That fear led EU governments on Tuesday to agree to reduce natural gas use to protect against further Russian supply cuts.&nbsp;
The draft law aims to lower demand for gas by 15% from August through March with voluntary steps.&nbsp;
If there aren't enough savings, mandatory cuts would be triggered in the 27-nation bloc.&nbsp;
Russia, which has reduced or cut off natural gas to 12 EU countries since the war, insists that the new drop-off through Nord Stream 1 is because maintenance is needed on a turbine for a compressor station and another turbine sent for repairs in Canada has been delayed.&nbsp;
It has said the paperwork for the return of the second turbine has raised questions about Western sanctions.&nbsp;
European leaders and analysts say the reductions are a pretext to try to divide EU countries and elevate prices.&nbsp;
&ldquo;The developing situation seems to support our view that recent Russian cuts in flows are a purposeful deterioration in gas trade due to geopolitical escalations," James Huckstepp, manager for Europe, Middle East and Africa gas analytics at S&amp;P Global Commodity Insights, said in a research note Tuesday.&nbsp;
&ldquo;That being the case, it increases our scepticism around Russian imports in the months ahead," Huckstepp said.&nbsp;
Russia recently has accounted for about a third of Germany's gas supplies.&nbsp; The government said last week that the drop in gas flows confirmed that Germany can't rely on Russian deliveries, announcing that it would step up its gas storage requirements and take further measures to conserve supplies.&nbsp;

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