Energy crunch squeezing European aquaculture

Having seen energy prices skyrocket in 2022 and with the prospect of inflated winter heating and electricity bills, fish farmers across Europe were extremely nervous as last year drew to a close. While for many, those fears didn’t fully materialise as energy tariffs fell back to levels seen before the start of the Ukrainian conflict, the industry remains shrouded in financial uncertainty.

Energy Crisis

Having seen energy prices skyrocket in 2022 and with the prospect of inflated winter heating and electricity bills, fish farmers across Europe were extremely nervous as last year drew to a close. While for many, those fears didn’t fully materialise as energy tariffs fell back to levels seen before the start of the Ukrainian conflict, the industry remains shrouded in financial uncertainty.