Written Question·Treasury·UIN 83532

Energy Intensive Industries: Costs

Tabled: 20 October 2025
Answered: 28 October 2025

Question

David Chadwick

Liberal DemocratBrecon, 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 Tomlinson
The 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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