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CEA Online webinar, April 12

Energy price crisis on vertical farming: where do we stand?

On Wednesday, April 12, Global Engage will hold a Virtual Meeting on Controlled Environment Agriculture. The meeting is free to attend and will take up to 60 minutes.

The webinar will also be available on demand where registration is required. Click here to register.

Since late 2022, the fast-growing indoor farming industry has been facing some growing pains following the significant dramatic increases in energy prices. This unprecedented situation has forced vertical farming companies to make difficult decisions such as laying off staff, delaying farm construction, as well as mothballing facilities. The energy price shock means that companies have had no option but to revisit their business model and reconsider their energy consumption as margins narrow.

Despite the turbulence, indoor vertical farming is still a very promising way of producing food in terms of efficiency, resiliency, and sustainability. However, it is essential to find ways to minimize energy costs to control the environment and ensure that the crops continue to grow in ideal conditions.

Moderated by Jim Pantaleo, Business Development Coordinator, AI Institute for Next Generation Food Systems, the panelists will discuss.

  • Understanding the impact of the current trends of energy prices on the CEA economics and long-term business strategy
  • Exploring the energy-driven solutions and the impact on pricing short-term and long term
  • Forming the right structure at the right place – i.e., re-analyzing operational costs, etc.

Panelists are:

  • Paul PG Gauthier, Professor of Protected Cropping, The Queensland Alliance for Agriculture and Food Innovation, The University of Queensland, Australia
  • Erika Parente, VP of Operations, Cultivatd, Canada
  • Marc Oshima, Co-founder, and Chief Marketing Officer, AeroFarms, USA
  • Nadia Sabeh, Founder and President, Dr. Greenhouse Inc., USA

For more information:  
Nick Noakes, Marketing
Global Engage
Tel.: +44 (0) 1865 849841


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