Electricity prices at record high: Feralpi stops production in Riesa!

Electricity prices at record high: Feralpi stops production in Riesa!

In Riesa, the Feralpi Group's electrical steel mill stopped its production on Wednesday due to the exploding electricity prices. This decision was made in a critical phase in which the prices for electricity in Germany have reached historical maximum values. According to the work director Uwe Reinecke, a megawatt hour recently cost over 936 euros - a prize that did not previously rose over 900 euros during the energy crisis. The enormous increase in price affects large consumers such as Feralpi, which has to buy directly on the daily market. This reports, among other things, the Handelsblatt.

Significant financial losses feared

The production stops in Riesa are not just a temporary problem; They also cause costs in a higher six -digit range. "We stop production in the steel mill in such phases to protect ourselves from even greater losses," said Reinecke. He emphasized that this situation significantly affects the efficiency and economy of the company, because the annual production goals are no longer available due to these interruptions. The metal companies, such as Anke GmbH in Essen, are also forced to let their stoves cool down in times of high electricity prices in order to avoid larger financial losses, as the BILD newspaper reports.

Experts warn that the repeated high electricity prices, especially on days with a lower sun and wind energy, put a lasting strain on the supply situation in Germany. This \ “Dark Dleed \” forces electricity to import electricity from abroad, which is often cheaper than electricity produced in domestic coal -fired power plants. Germany has created this critical situation itself, regardless of the energy -intensive industry, Reinecke urgently.

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