High energy prices are looming large for floriculture

Steven van Schilfgaarde, Alumnus Erasmus School of Economics and CEO of Royal FloraHolland, the world's largest flower auction, appeals to the government to stabilise energy prices.

In an interview with the Dutch newspaper Het Financieele Dagblad, Van Schilfgaarde argues that high energy prices are not causing the most harm. A far bigger problem is price fluctuations since it makes planning for growers nearly impossible. 

The consequence of growers quitting is already nearly €200m worth of production lost and a drop in the supply of flowers and plants. The auction expects up to 50% less supply of flowers that require a lot of energy, for example, roses, by the beginning of next year. The topman concludes that in today's geopolitical situation, the energy market requires re-regulation. 

'My position is that politics only fixes in purchasing power and does not try to get a more stable energy price by intervening in a non-functioning energy market. You cannot leave it to the market.', remarks Steven van Schilfgaarde. If you are interested in the entire article, please feel free to read more via this link. 

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Steven van Schilfgaarde graduated from Erasmus School of Economics in 1989.

FD Article written by Richard Smit.

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