German bakery owner Peter Hemmerle is expecting his company's annual electricity bill to quadruple to 1.2 million euros as energy prices have risen since the outbreak of the war in Ukraine.
His Heinz Hemmerle bakery in Muelheim an der Ruhr depends on electricity to run its kneading machines and cooling rooms, while its ovens run on gas, whose price has also rocketed with dwindling Russian imports.
