Energy Intensive Industries: Finance
The question
To ask the Secretary of State for Business and Trade, whether his Department plans to extend the Energy Intensive Industries support scheme.
Answered by Sarah Jones
The British Industry Supercharger was launched in 2024 and provides support to Energy Intensive Industries to bring electricity costs for those strategically important UK industries closer in line with other major economies so that they remain competitive on the world stage. The measures save eligible businesses on average around £24 – £31 per MWh on their electricity costs. The British Industry Supercharger will be reviewed regularly.
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