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96bzrgOy
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Answer
Written answer
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QcDB6n4E
answer has answering person
Michael Fallon
answer text
<p>In March 2013 DECC published an assessment of the impact of climate change and energy policies on electricity and gas prices and bills in 2013, 2020 and 2030, including those faced by large energy intensive users.<Sup>1</Sup></p><p>Note:</p><p>https://www.gov.uk/government/publications/estimated-impacts-of-energy-and-climate-change-policies-on-energy-prices-and-bills</p><p>The impact of policies on energy intensive users' energy bills is complex to analyse because of the diversity of energy usage and energy prices faced by these users, as well as the different levels of cost effective energy efficiency opportunities both within and across different industrial sectors. The March report estimated that in 2013, the impact of energy and climate change policies on the average price of electricity and gas for energy intensive industries is 2% for gas and 6% to 19% for electricity.</p><p>The Government recognises the particular competitiveness issues faced by some industries in terms of their energy costs and has acted to mitigate the impact of policies on them. Measures include:</p><p>A £250 million package to help offset costs of the EU ETS and the Carbon Price Floor for energy intensives. BIS has received 64 applications for compensation for the indirect costs of EU ETS and paid a total of £13 million in compensation.</p><p>Seeking to exempt energy intensives from the costs of Feed-in-Tariffs Contracts for Difference.</p><p>Increased CCL discount on electricity for CCA participants to 90% from April 2013 and an exemption for mineralogical and metallurgical processes from April 2014.</p><p>The figures set out above from the March report do not reflect these measures as details were not finalised at the time. However, they are expected to have a significant impact on reducing the costs of policies for eligible businesses.</p>
answer given date
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Department of Energy and Climate Change
written answer has answering body
Department of Energy and Climate Change
Department of Energy and Climate Change
answering body has written answer
96bzrgOy
answering body has answer
96bzrgOy
QcDB6n4E
question has answer
96bzrgOy
Michael Fallon
answering person has answer
96bzrgOy