Addison Stark, co-founder of AtmosZero, contrasts European industrial steam economics with the US following the invasion of Ukraine and Nord Stream disruption.
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“No longer do you have a ready and plentiful access to pipeline gas coming in from Russia. So now in Europe, natural gas prices are much more closely pegged to global LNG imports into Europe, and that has changed the spark spread there and the equation there.”
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More from Addison Stark
Insight
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Stark: Fuel accounts for 70% to 90% of boiler operational costs
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Stark: Steam costs represent a minor fraction of food and beverage product costs
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“And while the total penetration in the market is relatively small, maybe about one to two percent of the boiler market today, it's the fastest growing subsector in the boiler market. So if you look at the growth of the boiler market It's about a seventeen bill…”
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