Energy: Wales

(asked on 9th February 2022) - View Source

Question to the Wales Office:

To ask the Secretary of State for Wales, what recent steps the Government has taken to tackle the impact of rising energy costs on industry and businesses in Newport West constituency.


Answered by
Simon Hart Portrait
Simon Hart
Parliamentary Secretary to the Treasury (Chief Whip)
This question was answered on 21st February 2022

The Government recognises this is a worrying time for businesses of all sizes, due to significant increases in global energy prices.

Since 2013, we have provided Energy-Intensive Industries with extensive support, with more than £2 billion to help with the costs of electricity, including over £600 million for the steel industry. This support includes electricity price relief schemes for eligible Energy Intensive Industries in sectors such as steel, chemicals, cement, ceramics, paper, and glass. We also have funds in place to support businesses with high energy use, to cut their bills and reduce their carbon emissions, including the £315 million Industrial Energy Transformation Fund.

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