Iron and Steel: Energy Intensive Industries

Summary

To ask the Secretary of State for Business and Trade, what assessment his Department has made of the comparative level of the steel power price gap with competitor nations, following the recent increase in network compensation charging.

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Timeline

1. 10 April 2026

   Written question

   To ask the Secretary of State for Business and Trade, what assessment his Department has made of the comparative level of the steel power price gap with competitor nations, following the recent increase in network compensation charging.

   Source: Commons

2. 16 April 2026

   Answer

   As set out in the recently published steel strategy, UK steel producers that benefit from British Industry Supercharger support and the current Network Charging Compensation scheme paid industrial electricity prices of £93 per MWh in 2025 (a 60% relief). ...

   Source: Written answer

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• · Department for Business and Trade · Answering body

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