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Could the energy policy and the costs of electricity for the industry have contributed to this outcome in the eurozone? Just as an example, Germany has the hig
by neverrroot 3y ago
Could the energy policy and the costs of electricity for the industry have contributed to this outcome in the eurozone?
Just as an example, Germany has the highest electricity prices in the world (20% higher than second place Italy), and starting April, switched to being a net electricity importer, after it shut down the last remaining nuclear power plants.
- yodelshady 3y agoYes, it can and does. Go to a chemicals conference these days and half the research is on managing blackouts. In the best case your plant, which is the same CAPEX in Europe as it is the US, is producing 25% less. There's only so much sugar-coating you can do. The atmosphere's like a funeral.
- neverrroot 3y agoThanks, this is something I will look into. Unfortunately the people who downvoted me must be thinking differently. Would have loved so much to hear their reasoning and POV on the matter, especially if they disagree with my hypothesis, I’m always willing to learn.