Industry: Competition and Energy

(asked on 18th May 2026) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the impact of decarbonisation policy costs on (a) industrial energy prices and (b) the international competitiveness of UK industry.


Answered by
Katie White Portrait
Katie White
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 5th June 2026

The only sustainable way to cut energy bills is to reduce the UK’s exposure to volatile fossil fuel markets. Clean Power by 2030 will help do that. In the nearer term, through the British Industry Supercharger (BIS), we are reducing electricity costs for energy‑intensive industries. Since April 2026, the discount on electricity network charges for these firms has increased from 60% to 90%.

The British Industrial Competitiveness Scheme (BICS) will also reduce electricity costs by up to £40/MWh for over 10,000 businesses across the Industrial Strategy’s growth sectors and key manufacturing supply chains.

Reticulating Splines