> Not much of value will have been lost in the meantime. The only ones who are truly and beyond screwed by such events are large smelters and similar factories where any prolonged downtime leads to solidification of the products which, in extreme cases, require a full reconstruction.

I think you've left out a few things, I remember doing on site work at a pharma company that required some downtime on one of their lines and if we went over the allotted time, they would be charging us up to 2 million EUR an hour. Hospitals and critical services SHOULD have backup generators etc, but depending how long this lasts a lot of things can become a major problem.

The majority of the cases will be fine, but when there's mass confusion and interruption like this, there's always horrible stories that come out.