Three-quarters of German manufacturing companies have saved on gas in the past six months without curtailing production but nearly half don’t see the pattern continuing, according to new ifo Institute research.
A survey found 41.4% of industrial companies say that the only way for them to save more gas is if they cut back production at the same time – although that figure was far higher in glass/ceramics (69%), pharmaceuticals (67%) and chemicals (57%).
Karen Pittel, Director of the ifo Center for Energy, Climate, and Resources, said, “The potential for further savings without a drop in production seems to be running out.”
The survey found 12.3% of all industrial companies even state that in order to reduce gas consumption further, it will now be necessary to stop production altogether. This is particularly true of food and animal feed manufacturers (27%), printing companies (24%), and metal product manufacturers (also 24%).
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