UK GlassPlants Struggle With High Energy Costs, Spur Imports From China Turkey

UK glass manufacturer Encirc faces exorbitant energy prices, paying more than European competitors and seeing increased imports from China and Turkey as customers seek cheaper alternatives. The UK's industrial electricity prices were Europe's steepest in 2024 due to gas reliance and renewable transition costs. Government discounts on network charges will save major users £420 million annually from April, but steel and glass sectors argue support is insufficient. UK energy prices remain elevated despite wholesale drops, with gas setting prices during peak demand. Decarbonisation efforts face challenges as the UK exited coal before sufficient renewables are online. Will Nigeria's energy transition policies protect local manufacturing from similar import pressures?

SOURCE: https://www.channelstv.com/2026/02/18/uk-manufacturers-struggle-under-sky-high-energy-bills/