Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what representations he has made to Ofgem regarding its Targeted Charging Review and the effect of that review on (a) the steel sector and (b) energy intensive industries in the UK.
Network charging is a matter for Ofgem as the independent regulator, and decisions on the outcome of the Targeted Charging Review are for it to make. However, Government is working to understand the policy implications of any review proposals across a broad range of interests, including the steel sector and energy intensive industries.
Ofgem has not yet decided on any option, and plans to consult on a proposed approach later this year. It is continuing to undertake widescale stakeholder engagement, and we are encouraging all interested parties to engage with Ofgem to ensure their perspectives and evidence can be taken into account.