British Glass response to government price cap on energy bills

Date: 23 September 2022
Source: British Glass
British Glass response to government price cap on energy bills
Photo source
British Glass

Date: 23 September 2022

British Glass welcomes the announcement from government to cap energy prices and assist businesses, including the glass industry, with the ongoing energy crisis for an initial six months.

The interventions announced today will see the extortionate bills facing our industry capped at less than half of the expected wholesale price and while the extent of this help will vary across our members, it is an important step to negotiate the tough winter ahead. 

British Glass CEO Dave Dalton said: 

“It is encouraging to see the statement from government, and we welcome the support outlined to aid energy intensive businesses throughout the winter. 

“We now know that some glass manufacturers will see reduced bills thanks to a cap on energy pricing which will allow them to continue to manufacture and compete internationally. 

“However, it is important that this is not the only support offered to energy intensive industries throughout this winter as it is incredibly likely that the problems facing businesses will continue after the initial six-month period of support.  

“We look forward to working with government, alongside our colleagues in energy intensive industries, to ensure these measures are adopted swiftly and that the three month review on vulnerable businesses is targeted appropriately.”

600450 British Glass response to government price cap on energy bills glassonweb.com

Others also read

Dave Dalton underscores the importance of collaboration with the government and other stakeholders to realise the industry's 2050 vision.
The Fenzi Group proudly hosted the General Assembly of GIMAV, the association of Italian manufacturers and suppliers of machinery, equipment, and special products for glass processing.
Glass for Europe welcomes the decision from the European Council to include flat glass products as part of the extension of the scope of sanctions on Belarus to fight circumvention.
Starting in 2025, FGIA's Summer Conference will become a fully virtual event, allowing focus on two in-person conferences annually: the FGIA Annual Conference and the FGIA Fall Conference.
FGIA will host a members only webinar on July 17, covering the latest FGIA U.S. Market Study. Released at the beginning of May, the study offers current data and forecasting.
The General Assemblies of the Gütegemeinschaft Kunststoff-Fensterprofilsysteme e.V. (GKFP) and EPPA Deutschland e.V. took place in Pforzheim on May 16.

Add new comment

NEWS RELATED PRODUCTS