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Written question asked by Gregory Campbell (Democratic Unionist Party) on Friday, 10 November 2023, in the House of Commons. It was due for an answer on Wednesday, 15 November 2023 (named day). It was answered by Nusrat Ghani (Conservative) on Wednesday, 15 November 2023 on behalf of the Department for Business and Trade.


Energy: Prices

Question

To ask the Secretary of State for Business and Trade, what estimate she has made of the effect of the British Industry Supercharger on industrial electricity prices compared to other countries.

Answer

The Supercharger will introduce targeted measures to ensure the energy costs for key UK industries are in line with other major economies around the world – levelling the playing field for British companies across Europe.

Analysis shows that the Supercharger proposals, when fully implemented, will reduce average electricity prices for UK Energy Intensive Industries by £24 to £31/MWh, having a direct impact on their competitiveness and reducing global carbon emissions.


Secondary information

Type
Written question
Reference
1306
Session
2023-24
Related items
Energy: Prices
Friday, 19 April 2024
Written questions
House of Commons
Subjects
Energy Government assistance Prices Energy intensive industries
Link
View this Written question on www.parliament.uk