It is not only Danish households that will have to pay a higher electricity and gas bill this year. Companies in the industry will also have to pay more than they usually do. This is shown by new calculations from Dansk Industri Energi.
Overall, industry is expected to receive a bill for electricity and gas of DKK 18 billion this year. This will be DKK 9.5 billion more than the most recent normal year 2019. The consumption of electricity and gas will therefore cost more than double for industry this year.
- It is clear that this is something that can be felt all around the companies, says Troels Ranis, industry director at Dansk Industri Energi.
The reason for the higher electricity and gas bill is due to several things. One of the significant reasons is that the global economy has picked up after the first corona lockdowns last year.
This has created an extraordinarily high level of activity in industry and at the same time a high demand for energy. This has coincided with a low supply due to less wind than normal, less rainfall in Norway and a relatively constant supply of gas from Russia.
- This is the basic principle of economics that is being manifested here. High demand and low supply result in higher prices, says Troels Ranis.
The solution is green energy
The industry director expects that companies' higher electricity and gas bills will be felt by consumers in the form of more expensive goods.
- Prices are rising. That is the short message. And that is how it must be when the price of energy rises, because then it also becomes more expensive to produce. And that is of course reflected in the prices of goods, says Troels Ranis.
He cannot say how much or how long consumers will be able to feel the higher prices, as it depends on how long the situation with the higher electricity and gas prices lasts.
One way out of the problem is to increase the use of green energy, says Troels Ranis.
- We need more renewable energy, which can make us less dependent - both on oil and gas and on energy imports.
- It is the only way forward to ensure security of supply, so that we do not get the wild price fluctuations, he says.
Ritzau
Text, graphics, images, sound, and other content on this website are protected under copyright law. DK Medier reserves all rights to the content, including the right to exploit the content for the purpose of text and data mining, cf. Section 11b of the Copyright Act and Article 4 of the DSM Directive.
Customers with IP agreements/major customer agreements may only share Danish Offshore Industry articles internally for the purpose of handling specific cases. Sharing in connection with specific cases refers to journaling, archiving, or similar uses.
Customers with a personal subscription/login may not share Danish Offshore Industry articles with individuals who do not themselves have a personal subscription to Danish Offshore Industry.
Any deviation from the above requires written consent from DK Medier.
