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1282619

registered interest
date	01/02/2021
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: Manufacturing Industries
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 he has made of the potential effect of uncompetitive electricity prices on the UK steel sector’s ability to compete internationally.
tabling member constituency	Scunthorpe
tabling member printed	Holly Mumby-Croft
uin	147101
answer	answer is ministerial correction date of answer 09/02/2021 answer text <p>The Government is committed to minimising energy costs for businesses to ensure our economy remains strong and competitive. The ability for our industries to be able to compete across Europe and globally is a priority for this Government.</p><p> </p><p>The Government has put moving to a cleaner, greener economy at the heart of its Industrial Strategy, especially with our commitment to Net Zero. Our aim is to work with the steel sector and help them to reduce carbon emissions. We will continue to support the steel sector in achieving these aims through the various funds available such as the Industrial Energy Transformation Fund and Clean Steel Fund.</p><p> </p><p>We estimate that reduction in the various renewable costs for eligible energy intensive industries, including steel, will save them around £400m a year in electricity costs. We have also extended the schemes to compensate certain energy intensive industries for indirect emission cost to the end of the next financial year in order to minimise disruption to existing recipients whilst we conduct a review. Between 2013 and 2019, total compensation paid to the steel sector was over £480m.</p><p> </p><p>We welcome the recent report by UK Steel - <em>“Closing the Gap”</em> - regarding electricity prices and will give its recommendations careful consideration.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 09/02/2021 15:44:37 answering member 4113 label Biography information for Nadhim Zahawi
tabling member	4867 label Biography information for Holly Mumby-Croft

1148755

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: Manufacturing Industries
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 steps she will take to ensure there is no price disparity in electricity costs for the UK steel sector compared with its international competitors.
tabling member constituency	Scunthorpe
tabling member printed	Nic Dakin
uin	153
answer	answer is ministerial correction date of answer 18/10/2019 answer text <p>The Government is committed to minimising energy costs for businesses to ensure our economy remains strong and competitive. The ability of our steel industry to compete globally and across Europe is a priority for this Government.</p><p> </p><p>We have taken steps to reduce the cumulative impact of energy and climate change policies on industrial electricity prices for the steel sector and other key energy intensive industries. This includes paying over £300m compensation to the steel sector since 2013.</p><p> </p><p>We have a number of funds available to energy intensive industries, including steel, to help them increase energy efficiency and transition to a low carbon future. These funds include the £315 million Industrial Energy Transformation Fund, the Industrial Heat Recovery Support Programme and the recently announced £250 million Clean Steel Fund.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 18/10/2019 12:59:47 answering member 4113 label Biography information for Nadhim Zahawi
tabling member	4056 label Biography information for Nic Dakin

1148756

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: Manufacturing Industries
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 of the benefits to the (a) economy and (b) steel sector of the UK steel sector’s commitment to increase capital investment in the UK by a quarter should steps be taken to reduce the price disparity on electricity costs between the UK steel sector and its international competitors.
tabling member constituency	Scunthorpe
tabling member printed	Nic Dakin
uin	154
answer	answer is ministerial correction date of answer 18/10/2019 answer text <p>The ability of our steel industry to compete globally and across Europe is a priority for this Government. We therefore provide electricity cost compensation and exemption support to maintain the UK’s reputation as an attractive location for these businesses.</p><p> </p><p>In 2017, the Department commissioned independent research identifying high value opportunities for UK steel, worth up to £3.8 billion a year by 2030(1). To access these opportunities, as well as match funding grants for R&amp;D, significant investment will need to be made by the sector.</p><p> </p><p>We have a number of funds available to energy intensive industries, including steel, to help them increase energy efficiency and transition to a low carbon future. These funds include the £315 million Industrial Energy Transformation Fund, the Industrial Heat Recovery Support Programme and the recently announced £250 million Clean Steel Fund.</p><p> </p><p> </p><p><em>1. Future capacities and capabilities of the UK steel industry: <a href="https://www.gov.uk/government/publications/uk-steel-industry-future-market-opportunities" target="_blank">https://www.gov.uk/government/publications/uk-steel-industry-future-market-opportunities</a></em></p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 18/10/2019 12:59:52 answering member 4113 label Biography information for Nadhim Zahawi
tabling member	4056 label Biography information for Nic Dakin

1148757

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: Manufacturing Industries
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 of the potential effect of Ofgem's Targeted Charging Review proposals on (a) costs to the UK steel sector, (b) steel making capability, (c) the manufacturing sector and (c) the local economy of steel producing areas.
tabling member constituency	Scunthorpe
tabling member printed	Nic Dakin
uin	155
answer	answer is ministerial correction date of answer 23/10/2019 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 23/10/2019 12:59:28 answering member 4113 label Biography information for Nadhim Zahawi
tabling member	4056 label Biography information for Nic Dakin

1148758

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: Manufacturing Industries
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 recent assessment she has made of the effect of non-competitive electricity prices on the steel sector’s ability to compete internationally.
tabling member constituency	Scunthorpe
tabling member printed	Nic Dakin
uin	156
answer	answer is ministerial correction date of answer 21/10/2019 answer text <p>We recognise that industrial consumers currently pay higher electricity prices than elsewhere in the EU. No specific assessment has been made on the impact of electricity price differential on UK steel sector’s competitiveness.</p><p> </p><p>The ability of our steel industry to compete globally and across Europe is a priority for this Government. We therefore provide electricity cost compensation and exemption support to maintain the UK’s reputation as an attractive location for these businesses.</p><p> </p><p>We have a number of funds available to energy intensive industries, including steel, to help them increase energy efficiency and transition to a low carbon future. These funds include the £315 million Industrial Energy Transformation Fund, the Industrial Heat Recovery Support Programme and the recently announced £250 million Clean Steel Fund.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 21/10/2019 11:57:11 answering member 4113 label Biography information for Nadhim Zahawi
tabling member	4056 label Biography information for Nic Dakin

1148762

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: Manufacturing Industries
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 her Department has made of the effect of higher electricity prices since 2016 on the steel industry.
tabling member constituency	Scunthorpe
tabling member printed	Nic Dakin
uin	160
answer	answer is ministerial correction date of answer 18/10/2019 answer text <p>We have not made a specific assessment of the effect of higher electricity prices on the steel industry. The ability of our steel industry to compete globally and across Europe is a priority for this Government. We therefore provide electricity cost compensation and exemption support to maintain the UK’s reputation as an attractive location for these businesses. We also have a number of funds available, or in development, that support energy intensive industries, including steel, to help them increase energy efficiency and transition to a low carbon future. These funds include the £315 million Industrial Energy Transformation Fund, the Industrial Heat Recovery Support Programme and the recently announced £250 million Clean Steel Fund.</p> answering member constituency Stratford-on-Avon answering member printed Nadhim Zahawi question first answered 18/10/2019 13:00:06 answering member 4113 label Biography information for Nadhim Zahawi
tabling member	4056 label Biography information for Nic Dakin