, Columnist
Many Winters Are Coming. Start Saving Energy Now.
Europe’s energy-intensive industries range from aluminum to chicken farming. All will be under threat of closure.
Save energy while the sun doth shine.
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The European manufacturing sector is crumbling under the weight of sustained high electricity and natural gas prices. With little prospect of relief, another wave of curtailments and closures looms.
And that’s before any rationing of natural gas, potentially later this year, in Germany in the event Russia reduces supply even further. In that scenario, many companies will have no choice but to shut down.