Energy Intensive Industries: Trade Competitiveness

(asked on 27th October 2015) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, how much the Energy Intensive Industries Compensation Scheme costs his Department to administer each year.


Answered by
Anna Soubry Portrait
Anna Soubry
This question was answered on 5th November 2015

56 different energy intensive businesses across the UK have received a total of £131.7m in compensation since August 2013 – £65.6m in respect of the EU Emissions Trading System and £66.1m in respect of the Carbon Price Support mechanism. There is also a Climate Change Levy exemption, for energy used in metallurgical and mineralogical processes, which additionally covers a number of Energy Intensive Industries who claim EU ETS and CPS compensation.

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