Energy: Prices

(asked on 3rd June 2025) - View Source

Question to the Department for Energy Security & Net Zero:

To ask His Majesty's Government what assessment they have made of the impact of high energy costs on energy-intensive sectors, and what steps they are taking to reduce energy costs for those industries.


Answered by
Lord Wilson of Sedgefield Portrait
Lord Wilson of Sedgefield
Lord in Waiting (HM Household) (Whip)
This question was answered on 17th June 2025

This Government recognises high energy prices are a key challenge for UK businesses, including those in energy-intensive sectors. We are working closely with businesses and industry to consider actions needed to support key sectors and address the challenges they currently face.

Our Clean Power 2030 target is the key to long-term sustainable price reductions. Our mission is for clean power by 2030 because clean, homegrown energy is the best way to protect billpayers and boost Britain's energy independence. We are also already bringing energy costs for UK industries closer in line with other major economies through the British Industry Supercharger. This fully exempts eligible firms from certain costs linked to renewable energy policies, particularly those exposed to the high cost of electricity. Government will always keep support under review based on the needs of industry.

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