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German chemicals giant stockpiles coal to keep producing

Soaring prices and gas shortages have led manufacturers to adopt contingency measures

A potent sign of Europe’s energy crisis can be found at the Marl Chemical Park in Germany’s industrial heartland of North Rhine-Westphalia. A coal-fired power plant that had been due to close by the end of this year will instead keep running through the winter, and beyond, to provide energy for the companies on the site — helping to maintain more than 10,000 jobs.

The power plant is owned by Evonik, one of Germany’s largest speciality chemical companies, which also runs the park. And its extended lifespan reflects the fears of power shortages in the country, as gas imports from Russia have been cut following its invasion of Ukraine. Governments and manufacturers across the continent have been introducing contingency measures to ensure power supplies continue during the colder months.

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