Source · Select Committees · Business, Innovation, Science and Trade Committee

Recommendation 25

25 Paragraph: 131

When implemented, the Targeted Charging Review has the potential to burden UK steel producers with...

Conclusion
When implemented, the Targeted Charging Review has the potential to burden UK steel producers with costs exceeding relief provided to the sector as an energy intensive industry. We note that despite this decision having a potentially significant impact on UK steel producers it has been left entirely to Ofgem without the opportunity for the Government to intervene.
Paragraph Reference: 131
Government Response

A response document is linked to this report, dated 20 January 2022. Response attribution to this conclusion has not been verified. Read the response document ↗