Pandemonium: Energy Bills Force Europe’s Factories to Go Dark
Written by Jo Nova
Spare a thought for glassmakers and tilers in Europe who can’t run on solar and wind powered furnaces.
There are companies that started business in the 1800s and survived two world wars but may not last the coming winter. It’s all changing so fast, they lament. With energy costs rising three to sixfold, the highest energy industries are folding. The first casualties were fertilizer, aluminium and zinc, and now in the second wave, the glass makers and tilers are coming undone, and with them, whole towns that support them will unravel too:
‘Crippling’ Energy Bills Force Europe’s Factories to Go Dark
Liz Alderman, The New York Times
Half of Europe’s aluminum and zinc production has been taken offline, according to Eurometaux, Europe’s metals trade association.
Eschenbach Porcelain survived Germany’s transition from communism to capitalism after 1989. But when its energy contracts run out at the end of this year, the company will face annual energy bills of €5.5 million, or roughly six times what it is paying now, said Rolf Frowein, its director.
Eschenbach Porcelain started 130 years ago. The giant glassmaker Arc started in 1825.
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