Source · Select Committees · Business and Trade Committee
Recommendation 21
21
Not Addressed
Paragraph: 115
High electricity prices are hindering the ability of UK steel producers to compete on the...
Recommendation
High electricity prices are hindering the ability of UK steel producers to compete on the international market and are a deterrent to inward investment. If the Government is serious about decarbonising the steel industry, it must first recognise the severity of the challenge energy prices pose to steel companies in achieving the transition to net zero and take action to reduce these costs.
Government response summary AI-generated
The government response consists only of a title and page reference, providing no substantive engagement with the committee's recommendation to address high electricity prices.
Summary of the government's response below — read the verbatim text to verify.
Paragraph Reference:
115
Government Response
Not Addressed
HM Government · verbatim extract
Not Addressed
43. We recognise this is a worrying time for businesses facing pressures due to the significant increases in global gas prices, and the subsequent increases in electricity prices. Extensive engagement with industry continues across Government at both a ministerial and official level.
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