Energy: Industry
The question
To ask the Secretary of State for Energy Security and Net Zero, what steps he is taking to help reduce industrial energy costs.
Answered by Chris McDonald
The Government recognises the pressure high energy costs place on businesses. Our Clean Power by 2030 mission will bring down bills, reducing exposure to volatile fossil fuel markets and the risk of carbon leakage.
In the near term, we are acting through the British Industry Supercharger, increasing network charge discounts from 60% to 90% since April 2026 for energy‑intensive industries. In addition, the British Industrial Competitiveness Scheme will cut electricity costs by up to £40/MWh for over 10,000 firms in key manufacturing sectors.
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