Electricity: Industry
The question
To ask the Secretary of State for Energy Security and Net Zero, what steps his Department is taking to help reduce industrial electricity prices.
Answered by Chris McDonald
Our mission for Clean Power by 2030 will get us off the rollercoaster of fossil fuel prices, to cut bills for businesses and households for good.
The Government remains committed to supporting industrial electrification and addressing barriers to investment, as highlighted in the 2023 call for evidence on enabling industrial electrification.
We are continuing to develop policies to bring down electricity costs relative to gas for the non-domestic sector and intend to consult on options to reduce costs and make low-carbon heat the economically rational choice. Stakeholders will therefore have a voice in shaping future electrification policy.
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