Reducing working time to save energy: a Swiss company takes the plunge

In a Swiss steelworks, the energy bill threatens employment.

The Swiss steelworks Stahl Gerlafingen has obtained the green light from the authorities to reduce the working hours of its employees and cope with the soaring energy bill, which has now reached in one month what it has cost it so far in a year, reports the NZZ am Sonntag on Sunday. “High energy prices threaten our existence”, said the general manager of the steelworks owned by the Italian Beltrame Group, Alain Creteur, quoted by the Sunday newspaper. “Perhaps no one should be put on short-time work. But maybe we should also send home some or all of our 560 employees.“, he added. No comment might be obtained from the company on Sunday.

For some companies, the electricity bill is becoming an existential threat. The parties and associations present various ideas to support them. https://t.co/Fuv5wfGUnZ via @NZZaS

— Jürg Meier (@meierj8) September 1, 2022

According to NZZ am Sonntag, a “stress test” campaign is planned this month in Switzerland to examine how large energy consumers would react in the event of electricity rationing to avoid a shortage this winter in the wake of the energy crisis caused by the war in Ukraine.

The Swiss economy activates a trading platform for bulk consumers. Is there too little in winter? #Strom or #Gascompanies can help each other out. @economiesuisse @swissmem https://t.co/llqGN3lQBJ via @NZZaS

— Jürg Meier (@meierj8) August 25, 2022

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