questionText: To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of the uplifted Network Charging Compensation Scheme on the UK’s industrial electricity price competitiveness relative to other G7 economies.
answerText: Raising the level of compensation delivered by the Network Charging Compensation Scheme from 60% to 90% will reduce electricity prices for the average energy intensive industry (EII) business by a further £7-10/MWh. This increased discount will bring elec...
heading: Energy Intensive Industries: Government Assistance