Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps her Department is taking to help mitigate the potential impact of high energy costs on the competitiveness of UK exports.

The Government announced measures to support Britain’s strategic Energy Intensive Industries (EII) with electricity prices from 2024 onwards through the British Industry Supercharger, building on the schemes that have been in place since 2013.

The Supercharger package is designed to reduce the long-term electricity price gap that exists between UK EIIs and competitor countries.

The government estimates that support on electricity prices for EIIs in the form of the Supercharger could be worth (on average) around £24-£31 Per MegaWatt Hour (MWh) for eligible businesses, closing the competitive gap with their international competitors.