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1 year ago
The UK risks “generational” damage to its industrial base unless it can offer the “right mix” of stable energy policies, the director general of the Confederation of Paper Industries has warned.
Exemptions from policy costs and capacity market charges as well as partial refunds on network charges could be offered to around 300 firms under a government package to relieve energy cost pressures on industry. The package proposes increasing the EII exemption from policy costs, such as those related to Contracts for Difference, from 85% to 100%. It also proposes exempting EIIs from suppliers’ capacity market charges on their bills.
2 years ago
The government should scrap plans for a hydrogen levy on domestic customers bills and instead fund efforts to kickstart the fledgling industry by axing emissions trading system (ETS) allowances, a right wing thinktank has urged. Placing another green levy on consumers is unfair and the public will not support it, says the analysis by Onward.