BIS: Consultation on energy intensive industries in the UK
ACE has submitted a written response to the Department of Business, Innovation and Skills consultation on Energy intensive industries in the UK- maintaining international competitiveness.
In November 2011 the Chancellor announced that the government would implement measures to reduce the impact of policy on the costs of electricity for the most electricity-intensive industries, beginning in 2013 and worth around £250 million over the Spending Review period.
As part of this the government committed to compensate some electricity-intensive businesses to help offset the indirect cost of the Carbon Price Floor and the EU Emissions Trading System.
Government published a proposal setting out the eligibility and design of the scheme, and this consultation covers these proposals.
Read ACE’s response to the consultation here.
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