Energy: Prices

(asked on 31st January 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps he is taking to bring forward a support package to help energy-intensive industries deal with the high costs of energy.


Answered by
Helen Whately Portrait
Helen Whately
Minister of State (Department of Health and Social Care)
This question was answered on 8th February 2022

We recognise that this is a difficult time for those businesses facing pressures due to increases in global gas prices and their impact on electricity and carbon prices.

Since 2013, the government has provided energy-intensive industries with extensive support, including more than £2 billion to help with the costs of electricity. We also have various funds in place to support businesses with high energy usage in cutting their bills, including the £315 million Industrial Energy Transformation Fund.

The government is also continuing to speak with a range of industry bodies and firms at both a ministerial and official level and will continue to do so.

Reticulating Splines