to have a centralized my work done by a professional, because then we have much less waste. we have many ah, dangers for anybody getting heard about kind of like laser shows, light shows one of those alternatives. synchronized drone shows a quieter choice to see in the new year, perhaps, but beautiful in its own way, and one that has little to no impact on the environment and will end it there. unlike a locker in the land for me and the team here. thanks for your company mornings and 45 d, w. looks back on in crisis mode. the corona virus pandemic, or kenya crane, the climate crisis rebels, the rod and the united kingdom. after for exit,

our televisions from 2022, brought to you on hold platforms by he w. ah, what secrets lie behind these walls? discover new adventures in 360 degrees. and explore fascinating world heritage sites. d w world heritage 360. get the app now ah, european gas prices fall to their lowest since the start of the war in ukraine. does this point to an evening of price pressure all will that be was to come in 2023. also coming up here, opinions are still feeling the pinch of high of bills that's forcing more businesses to save energy and some rather innovative ways. and fireworks are back

in germany after a 2 year ban on this sale to, to cope it. it's that time again, dw business, welcome. wholesale prices for natural gas have dropped back to the level that they were at at before russia began. its invasion of ukraine. prices for january contract briefly hit just over 76 years a megawatt hour before rising again slightly as a massive drop from the $300.00 euros in the summer. when russia started throttling supply to europe, we asked energy analyst, olivia kind of rocky why the price has dropped and whether it will stay that way. so you can get the spice of having deed fallen sharply over the last couple of months. thanks to what i would say, a lucky combination of factors for europe, including i see somebody mild weather competition from china, which have helped your bill stocks and therefore have drug prices lower. however, does not mean we should get complacent. here to be honest. there are still

a lot of factors that could lead to type markets next winter in particular. and that might mean right, prices rise back up again. for example, china is coming back to market with the quotes tricia easy over there. industrial demand could be coming back as well in europe. now the prices are little bit lower . we can throw out a cold spell in the winter, you know, in the next couple of months. and if you will need to balance next winter, we've a lot less russia and gas have been ever did before. so all of these could mean we're still facing a very hard situation. and even in the longer term, we also need to consider what high prices will do to do. you can industry, which is something that will have to continue to face for many years to come lithia karate. they're explaining that those falling prices are thanks in part to milder temperatures. but let's touch on another fact that you mentioned industrial demand

in europe, companies and local governments here have been taking steps to reduce their energy use. and it's part of the success of those measures so far that's helped to tamp down on gas prices. masturbation peter slayer is making a bread delivery by a horse drawn carriage. it's acquaint picture, but also a sign of desperate times. energy prices are up 65 percent compared to last year. slayer is doing his part to get some attention and make people aware of his troubles. it is a gaz, please are on this and all try to suggest crisis and electricity crisis. our raw materials have gone up in price to and now there's also a lack of trained personnel. i'd say we're going through some very hard times at the moment. country me type moment on saving energy is key here in the southern german city of tubing and home to 90000 people. streetlights are turned

off at night. the city's mayor bullies perma came up with the idea. he says, every kilowatt hour accounts the things to consist of to let's why all of tubing in his dark between the hours of one and 4 in the morning. that saves us around the same amount of energy of 4 person household would use all year. been reduced at long, early renton, on some streets, the city has installed lamps equipped with motion detectors. the l. a. d lights, they dim until someone walks by and triggers the sensor for them to become brighter . that uses 90 percent less energy than regular lights retailer. so also adapting at this small in hamburg, 40 per cent of lights have been turned off entirely. as for the rest, only low in a g, l. a. d. lights are used for garbage from stock by the government has asked for energy savings of 15 percent with exceeded that goal. the government has also

promised financial aid to help businesses survive the energy crisis. master baker slayer is hoping the funds will be paid out soon. now to some of the other global business stories making news, the german federation of trade unions as warned that job losses will climb next year. if energy prices rise once again as expected, they say companies could face insolvency that germany's industrial base itself is under threat. the organization demanded subsidized electricity prices for companies . immigration officers of british airports including london, heathrow, and gatwick are continuing their stripes, their demanding improved working conditions and higher wages to offset rising prices. the strikes are expected expected to last until new year's eve. now let's get an update on a story from earlier in the week. southwest airlines struggling to return to normal operations after a severe winter storm in the north east. and us leaving most of its passengers

stranded for days yet quarter has more for us from new york on this and yet southwest is finally i'm about to get back to normal. is that right? what are they saying? yeah, daniel, there seems to be progress. so we still had about 2300 to cancellation them here on thursday, but for friday, the last time i checked, they were only about 39 cancellation. so southware seems to be back in action. it still might take a little bit of time to bring the passenger sent their luggage should together. there also will be reimbursements. that's what the company announced. so those will probably be in the hundreds of millions of dollars, but things are getting back to normal. and also the stock price that got hammered quite a bit to the past couple of trading session. so solid increase of almost 4 percent

of the thursday session. and how can all of this happen? there's going to be a lot of self reflection at southwest now, i guess because the other airlines managed to stabilize pretty quickly after that storm. yeah, there will definitely be some self for reflection. danielle and i did hear from some an analyst that one of the issue with with southwest that they take a lot of time to change things. so one analyst is saying it's a glacial speed. that southwest, it's showing when it comes to really changing the business. in general, it is well known for years that southwest has to upgrade it. system is a very sophisticated and system to get the crews and the planes together. if things from the moose, the, that system has proven to be pretty effective. also, the stock price of the past couple of years has done much better than from some of the rivals. but under stress, the systems obviously do not really work and that's where southwest has to make

changes. but that's going to take time as i said, ok, lots of time for self reflection for southwest. thank you very much. in a quarter in new york. and from the air to the sea for shipping companies going green takes a lot more than just switching to more efficient fuels. entire life cycle of a vessel has to be taken into account, sending off ships to scrap yards in south asia was long the norm. but now ship recycling is becoming a big business here in europe to these gigantic cable layers could tell a yarn or 2 about their journey is on the high seas. but this is where it all ends . their last warriors bought them to the small town of corina on the danish coast. the foreigners ship recycling company is now scrapping them. that's a business often associated with lower rich countries like india or turkey. now, high demand for shipping parts is making scrapping attractive here. a country where

wages and costs tend to meet recycling less profitable. the highest cost is actually the environmental site, the price to get rid of your waste or hazardous waste that that's $1.00 of the higher costs. but what we do different from a lot of other places as we are good at reselling and reusing, and not just recycling or scrubbing. it all started here over 30 years ago with the fishing boat. at that time, there were bonuses for scrapping large fleets. the founder of the company was a fisherman. he thought instead of paying money for somebody to scrap it, we'll do it ourselves and sell the equipment. so it started by their own ship and to be able to settle their equipment on board. selling thoughts of small fishing boats doesn't walk anymore. coastal fishermen have largely disappeared in northern europe. but more and more shipping companies and ship masters are recognizing the benefits of old, fully intact parts, even for giant vessels,

especially now in times of skyrocketing raw material prices and major supply chain issues. after all, just one missing part can cripple a ship. so today today our business is mostly spare parts, so instead of selling only a complete endurance, it's a lot of small parts. it can be everything from old compress to turbocharged years, all cylinder heads for moralist or european engines. even though denmark is a country with high salaries, scrapping and recycling vessels appears to be a viable business for years to come. and finally, after a 2 year pandemic hiatus germany is once again allowing the sale of fireworks. it's a new year's tradition that's sure to go off with a bang this weekend get on while they're hot. fireworks are once again for

sale and germany in the run up to new years eve. this year that means december 29th to the 31st germans from the countryside to the cities will ring in the new year with typically a lot of sparkle and a lot of noise. you're missing. we haven't been able to set off fireworks for 2 years. it's a must this year, but also we can do it again. so we thought, of course we're going to the moment of published at amazon with pre orders. we spent about $200.00 euros. so yeah, we'll enjoy it. the v. p. i pyrotechnics industry association is expecting a $120000000.00 euros and fireworks sales this year. manufacturers hope for rocketing sales. many watched previous years, inventories get dusty in the face of bands. government system, yes, we lost more than 40 percent of our workforce even closed our largest plant in germany with our in house production. despite that, we are hopeful about the end of the year when hoffman's fall off to see i was. and

while mary makers are excited to light up this weekend, those hospitals and environmentalists are worried about smoke and localized pollution, of course. but also about the medical risk to amateur is handling explosives on german streets? well, that's also going out with a bang and you're up to date with d w business. if you want more. of course, you can check us out at d, w dot com slash business. we also have a youtube channel that's d w. news got loads of business news on that to me on the business team here in berlin. thanks for watching. mm hm. and is the end of the pandemic in sight. we show what it could look like. return to normal. and we visit those who are finding it difficult. experiences. successes,

amazon, you know, weekly, coven, 19 special. next on d, w. imagine in every building a green house, in every cellar, an energy plans. and an every ruin housing. what is being designed to day in the metropolis as of tomorrow? acts of living pro active climate protection, our future city. in 60 minutes on d w. o, ah, we've got to understand that globalization works, but it is not reach more than 30 percent of the world population. very simple. that

facility that's very convenient for the chinese. after all, the port will be full, they're excused in but a. the mediterranean has become a kind of great sarcophagus. if anything he was proud of it was to be a steal worker, like his grand parents and his parents. this is his business, the company of all that lives. who are the winners and losers. globalization, where do we stand? starts january 5th on d, w. ah, do you remember how it all started with the corona virus? there were rumors, speculation, and a lot of fear. the whole world yearned for concrete information. that's why d, w. started the coven 19 special back in march 2020.