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Europe’s energy crisis: Soaring electricity prices put strain on cement factory

Firm supervisors at Spain’s biggest concrete manufacturing facility on the borders of Madrid are taking into consideration closing down manufacturing as power rates rise throughout Europe.

Grinding concrete make up majority the power expenses of Cementos Rose city, which is based in Morata de Tajuña.

” For us today it” s a significant issue,” states Luis Herrers, Cementos Rose city’s procedures supervisor.

” Since the expense of power has actually skyrocketed 300 percent, and also most of all, we have actually gone across a red line, which is that our manufacturing expense has actually surpassed our asking price, so we remain in a crucial circumstance today.”

It’s the 6th successive day that the cost of power has actually been over EUR200 per megawatt/hour a degree that was gone beyond for the very first time on October 5.

At the end of August, it was EUR100 and also in hardly a month and also a fifty percent, it has actually greater than increased in cost.

See the complete video clip record in the gamer over.

Editorial Staff
Editorial Staffhttps://euroexaminer.com
Euro Examiner is one of the best online Newspapers in Europe, We provide our readers with recent news from all around the world from the most trusted sources.
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