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>
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>
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>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4113", "label" : {"_value" : "Biography information for Nadhim Zahawi"} } , "answeringMemberConstituency" : {"_value" : "Stratford-on-Avon"} , "answeringMemberPrinted" : {"_value" : "Nadhim Zahawi"} , "dateOfAnswer" : {"_value" : "2019-10-18", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-10-18T12:59:47.27Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2019-10-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Iron and Steel: Manufacturing Industries"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "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.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4056", "label" : {"_value" : "Biography information for Nic Dakin"} } , "tablingMemberConstituency" : {"_value" : "Scunthorpe"} , "tablingMemberPrinted" : [{"_value" : "Nic Dakin"} ], "uin" : "153"} , {"_about" : "http://data.parliament.uk/resources/1148756", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1148756/answer", "answerText" : {"_value" : "
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\u2019s reputation as an attractive location for these businesses.<\/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&D, significant investment will need to be made by the sector.<\/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>
1. Future capacities and capabilities of the UK steel industry: https://www.gov.uk/government/publications/uk-steel-industry-future-market-opportunities<\/a><\/em><\/p>"}
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], "questionText" : "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\u2019s 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.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
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], "answer" : {"_about" : "http://data.parliament.uk/resources/1148757/answer", "answerText" : {"_value" : " Ofgem\u2019s 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\u2019s 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> Industry<\/p><\/td> Government<\/p><\/td> Academia<\/p><\/td><\/tr> Society of Maritime Industries<\/p><\/td> Navy Command<\/p><\/td> University College London<\/p><\/td><\/tr> Cammell Laird<\/p><\/td> Ministry of Defence<\/p><\/td> University of Strathclyde.<\/p><\/td><\/tr> BAE Systems<\/p><\/td> Department for International Trade Defence & Security Organisation<\/p><\/td> <\/p><\/td><\/tr> Babcock International<\/p><\/td> Department for Business, Energy & industrial Strategy<\/p><\/td> <\/p><\/td><\/tr> A&P Group<\/p><\/td> <\/p><\/td> <\/p><\/td><\/tr> BMT Group<\/p><\/td> <\/p><\/td> <\/p><\/td><\/tr> First Marine International Royal Haskoning DHV<\/p><\/td> <\/p><\/td> <\/p><\/td><\/tr> Lloyd\u2019s Register<\/p><\/td> <\/p><\/td> <\/p><\/td><\/tr><\/tbody><\/table>"}
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, "date" : {"_value" : "2019-10-14", "_datatype" : "dateTime"}
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], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, what the membership is of the Maritime Enterprise Working Group.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/1438", "label" : {"_value" : "Biography information for Mr Kevan Jones"}
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