"The director warned that "the factories will not survive with...

"The director warned that "the factories will not survive with these electrical costs, and in Boo all this worsening of expectations leads to an ERTE and above all it generates uncertainty about what will come next, if an energy policy coordinated with industrial policy. "
The electricity cost for the ferroalloy industry is already 40% of its total costs, with a differential of between 20 and 25 euros per megawatt hour in relation to its European competitors that have cheaper electricity, such as France, Germany or Norway , countries where there are several mechanisms for compensating the price of energy for the electro-intensive industry, Fuentes explained.
Also the staff of Ferroatlántica in the Cee-Dumbría complex, with about 300 direct jobs and owned by TPG, is on guard against cuts in the interruptibility auction. "We are seriously at risk the survival of our factories and the continuity of jobs," warns the committee. The collective plans mobilizations."

https://www.laopinioncoruna.es/economia/2019/12/11/sabon-sortea-momento-ere-temporal/1459524.html