Energy remains one of the most significant challenges for industrial businesses, with the price of power, cost of generation, decline in manufacturing output and shortage of gas all issues yet to be resolved.
It hit crisis level in 2024 with a handful of large producers closing their doors – and more threatening to.
Despite higher prices, some power company profits took a hit where lower generation resulted in lower revenue.
Better hydro storage and liquified natural gas exports were slated as solutions, yet neither are in action.
While a conversation about nuclear energy and the role it could play in our energy market began – and will likely continue this year, alongside more renewable power generation investment.
