Written questions, answers and statements

Electricity: Iron and Steel

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Question for Department for Business, Energy and Industrial Strategy

UIN 110649, tabled on 14 December 2022

Question

Jessica Morden
Labour
Newport East
Commons

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the implications for his policies of the German government's decision to guarantee wholesale electricity prices at €130/MWh for steel producers for all of 2023; and if he will make it his policy to implement a similar measure for the sector in the UK.

Answer

Ms Nusrat Ghani
Conservative
Wealden
Commons

Answered on

20 December 2022

HM Treasury is currently conducting a review of the Energy Bill Relief Scheme and evidence from the steel sector is included in that. As part of that review, we are looking at approaches taken in other countries. However, the Government cannot confirm what further support will be available after 31st March 2023 until the end of the review, which will report by the end of the year.

Answered by

Department for Business, Energy and Industrial Strategy
Named day
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