Fertliser manufacturer Growhow, which employs 200 people in Billingham, is a member of the
EIUG. Deborah Pritchard-Jones, public affairs director, said: "The compensation package as it currently stands will only last until 2015 and we're not sure what the level of support there will be after that.
Nel, who will be speaking at the 13th annual African Utility Week conference track on Large Power Users, however, is optimistic and concludes by advising that, “the
EIUG doesn't believe that industry requires subsidies, we believe that if Eskom's costs are cut and that non electricity charges and taxes are removed from the tariff, industry will be able to grow and remain competitive.
One can visualize the
EIUG grid managers shutting down power plants all over the UK on Christmas Eve, only to frantically attempt to bring them back online two days later.
The Energy Intensive Users Group (
EIUG) has warned that these jobs are at risk due to the uncompetitive energy pricing issues in the UK and any future investment is more likely to be lost to overseas competitors .
Jeremy Nicholson,
EIUG's director, said: 'We must not neglect the potential impact on industrial competitiveness.
The
EIUG said bills for their European competitors had dropped by up to 20 per cent.