Energy Intensive Industries: Electricity
The question
To ask the Secretary of State for Business and Trade, what assessment he has made of the effectiveness of the British Industry Supercharger scheme.
Answered by Chris McDonald
Since 1 April 2024, eligible Energy-Intensive Industries have benefited from the British Industry Supercharger, which tackles carbon leakage by bringing industrial electricity costs closer in line with those in neighbouring countries. Subsequent evidence commissioned by the Government identified that the electricity price gap between Great Britain and other countries still presented a carbon leakage risk.
In the Modern Industrial Strategy, we announced an uplift of the Network Charging Compensation Scheme from 60% to 90% from 1 April 2026 to reduce the gap by an additional £8–10/MWh. The Government will review the Supercharger in 2029 to assess its ongoing effectiveness.
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