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1151395

registered interest
date	22/10/2019
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Iron and Steel: Energy
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment she has made about the potential effect of Ofgem’s proposed reforms under the Targeting Charging Review on energy costs for steel companies.
tabling member constituency	Newport East
tabling member printed	Jessica Morden
uin	3654
answer	answer is ministerial correction date of answer 29/10/2019 answer text <p>Ofgem’s Targeted Charging Review is seeking to ensure all parties connected to the electricity network make a fair contribution to its fixed costs. This is consistent with Government’s views on the importance of an energy system that discourages free riding and ensures a fair distribution of costs, with solutions rewarded where they contribute to reduced system costs.</p><p> </p><p>Network charging is a matter for Ofgem as the independent regulator, and decisions on its review are for it to make. The analysis published by Ofgem is available at <a href="https://www.ofgem.gov.uk/electricity/transmission-networks/charging/targeted-charging-review-significant-code-review" target="_blank">https://www.ofgem.gov.uk/electricity/transmission-networks/charging/targeted-charging-review-significant-code-review</a>. Ofgem expects total consumer costs to reduce as a result of its proposals. Ofgem has yet to take its final decisions on the review - it is currently considering the views and evidence provided in response to its most recent consultation.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 29/10/2019 14:26:09 answering member 4113 label Biography information for Nadhim Zahawi
tabling member	1548 label Biography information for Jessica Morden

1148761

registered interest
date	14/10/2019
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Iron and Steel: Energy
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, if she will introduce (a) discounts on energy network costs, (b) a Capacity Market Levy exemption, (c) 100 per cent compensation for the indirect costs of carbon and (d) other substantive measures to lower electricity prices for the UK steel sector.
tabling member constituency	Scunthorpe
tabling member printed	Nic Dakin
uin	159
answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>The Government is committed to minimising energy costs for businesses to ensure our economy remains strong and competitive.</p><p> </p><p>Network charging is a matter for Ofgem as the independent regulator, and we continue to support Ofgem to enable all interested parties to engage in its work to reform network charging arrangements.</p><p> </p><p>Our assessment is that both exempting electricity intensive industries from Capacity Market costs and providing 100% compensation for the indirect costs of carbon would not be compatible with current State aid guidelines. The Capacity Market will ensure that all energy consumers – including the steel sector – benefit from a secure and affordable supply of electricity. Eligible businesses in the steel sector already benefit from the maximum rate of compensation for the indirect costs of carbon that is allowable under current State aid guidelines. The £315 million Industrial Energy Transformation Fund will also support businesses with high energy use to cut their bills and emissions.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 21/10/2019 11:57:40 answering member 4113 label Biography information for Nadhim Zahawi
tabling member	4056 label Biography information for Nic Dakin