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Page added on July 23, 2005

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The Big Chill

It may have been glorious summer in Whitehall last Wednesday, but when a bunch of manufacturers met Malcolm Wicks, the energy minister, they were all bellyaching about what the coming winter will do to their companies.

The businessmen, led by Kevin Farrell, the chairman of the Energy Intensive Users Group, that represents industries such as glass and steel, had come to warn Wicks that soaring wholesale gas prices could force members to shut down their operations this winter. And that Britain could run out of gas if there was a particularly acute cold snap.

“It was an urgent meeting”, says Jeremy Nicholson, the director of the lobby group. “The pricing environment has deteriorated rapidly in recent months and we need to act before the next round of energy supply contracts are agreed in October.”
Telegraph



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