Paulo Nunes de Almeida

The high cost of energy

In a globalized world, the companies’ competitiveness is a decisive factor. I underline this aspect regarding the high cost of the electricity paid by Portugal’s companies, above the European average. This situation, in itself worrying, is now aggravating. When the time to renegotiate the contracts comes, the companies are confronted with very significant increases, in double-digits, compared to their previous contracts.