Employees cost money, as does buildings and storage. They can shutdown for periods when the energy cost is high but it hurts profitability and the economical vi

Employees cost money, as does buildings and storage. They can shutdown for periods when the energy cost is high but it hurts profitability and the economical viability. The steel industry here try to build next to hydro, in areas where the price is relative low. The price point can differ by more than 100% when we compare the cheapest regions with the most expensive, for reason that has to do with transmissions. There is also experiments with hydrogen. A few paper mills have cut down on employees, and in some cases shutdown the plants during periods of low wind. Food production can't shutdown. A fish farm need to keep the water at a set temperature or the fish dies. Greenhouses that depend on artificial light can't just close down or the plants dies. I would say that the answer is mostly a no. Short term some industries can adapt a little while waiting for the energy prices to stabilize, but long term it is a hard sell to have employees and building just sitting around.