Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans his Department has to provide specific support to the steel sector on the cost of energy after March 2023.
The Government recognises that those in energy and trade intensive industries (ETIIs) are less able to pass higher costs through to their customers, due to international competition. Therefore we have announced a new Energy Bills Discount Scheme from 1 April 2023 to 31 March 2024, with higher discounts given to those with larger energy usage such as steel producers. This is in addition to extensive support we have provided to the steel sector to help with energy costs, worth more than £800m since 2013.