Written Question·Treasury·UIN 83532
Energy Intensive Industries: Costs
Tabled: 20 October 2025
Answered: 28 October 2025
Question
David Chadwick
Liberal Democrat — Brecon, Radnor and Cwm Tawe
To ask the Chancellor of the Exchequer, what plans she has to (a) abolish the Carbon Price Support mechanism and (b) introduce further measures to reduce electricity costs for energy-intensive industries.
Answer
Dan TomlinsonThe government’s Industrial Strategy published in June 2025 announced that from 2027, a new British Industrial Competitiveness Scheme will reduce electricity costs by c.£35-40/MWh and support thousands of businesses. The scheme will benefit manufacturing ...
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