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1131906
unstar this property registered interest false more like this
star this property date less than 2019-06-12more like thismore than 2019-06-12
star this property answering body
Department for Business, Energy and Industrial Strategy remove filter
star this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading Iron and Steel: Manufacturing Industries more like this
unstar this property house id 2 remove filter
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government why the British steel industry is paying more for electricity than its counterparts in Europe; what is the average megawatt price for steel producers in the UK; and how it compares with the cost of electricity for steel producers in France. more like this
star this property tabling member printed
Lord Morris of Aberavon remove filter
star this property uin HL16324 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-07-09more like thismore than 2019-07-09
star this property answer text <p>Between 2005 and 2010, industrial electricity prices rose by 64 per cent. Including taxes, industrial electricity prices rose from 4.77 pence per kWh in 2005 to 7.84 pence per kWh in 2010.</p><p>The steel sector has received more than £295 million in compensation since 2013 to make energy costs more competitive, including over £53 million during 2018. In addition, between 2017 and 2019, the Government has introduced policies that provide eligible steel producers with an 85% reduction in renewable energy policy costs in their electricity bills. Last year we announced the Industrial Energy Transformation Fund worth up to £315 million to support businesses with high energy use to transition to a low carbon future and to cut their bills through increased energy efficiency.</p><p>Between 2010 and 2017, industrial electricity prices (including taxes) have risen from 7.84 to 9.79 pence per kWh, an increase of 25%.</p><p> </p> more like this
star this property answering member printed Lord Henley more like this
star this property question first answered
remove maximum value filtermore like thismore than 2019-07-09T16:58:41.697Z
star this property answering member
2616
star this property label Biography information for Lord Henley more like this
star this property tabling member
565
star this property label Biography information for Lord Morris of Aberavon more like this