To ask Her Majesty's Government what plans they have to make (1) steelmakers, and (2) other industrial manufacturers, exempt from network charges to ensure continued production.
Answered on
20 June 2022
As set out in the British Energy Security Strategy, the Government recognises that UK industrial electricity prices are higher than those of other countries. The Government committed to extend the EII Compensation Scheme for a further 3 years and intend to increase the aid intensity to up to 100% (1.5% of GVA). The Government is also considering a range of other measures which might be able to support these businesses.
Answered by
Department for Business, Energy and Industrial Strategy