Asked by: Baroness Keeley (Labour - Life peer)
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, if he will make an assessment of the potential impact of not including companies with the SIC codes (a) 90.01, (b) 90.02 and (c) 90.4 in the Energy and Trade Intensive Industries list on the ability of those companies to absorb any additional costs incurred as a consequence of that decision.
Answered by Graham Stuart
During the review of the Energy Bill Relief Scheme, analysis of many contributions from the private sector, trade associations, the voluntary sector and other types of organisations were assessed.
The Government has taken a consistent approach to identifying the most energy and trade intensive sectors, with all sectors that meet agreed thresholds for energy and trade intensity eligible for Energy and Trade Intensive Industries support. These thresholds have been set at sectors falling above the 80th percentile for energy intensity, and 60th percentile for trade intensity, plus any sectors eligible for the existing energy compensation and exemption schemes.