Energy: Prices
The question
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the implications for his Department’s policies of industrial energy prices in (a) France, (b) Germany and (c) the USA.
Answered by Sarah Jones
Our Clean Power 2030 target is the key to long-term sustainable price reductions with homegrown clean energy the best way to protect billpayers and boost Britain's energy independence. We are also already bringing electricity costs for key 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 saving businesses £5 billion over the next ten years.
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