Government Response to the Helm Review on the Costs of Energy

Subscribe to UK Steel news feed

Published

Commenting on the Government’s official response the Cost of Energy Review, UK Steel’s Director General, Gareth Stace, said:

 

“Today’s statement by Greg Clark shows the Government has failed to grasp the fundamental impact uncompetitive electricity prices are having on the steel sector in the UK. Today’s effective ruling out of any further short term solutions to reduce electricity costs for the sector is a bitter blow. "

 

“For the last year, the Government response to any discussion on industrial energy prices has been an instruction to wait for this official response. Unfortunately, it is now clear the wait has not been worth it and this has simply been an elaborate exercise in ‘can kicking’. Today’s speech provided us with no immediate plan, no concrete proposals and no hope that any relief is on its way, amounting to little more than another vague statement of intent."

 

Download the full press release below.

About-us About us

We are the trade association for the UK steel industry. We represent the sector’s interests to government and the public.

Learn more >
UK Steel Achievements Achievements

As the voice of the steel industry, we interface with government and parliament to influence policy so that it underpins, rather than undermines, the long term success of our sector.

Learn more >
Contact us spot Contact us

Get in touch with the UK Steel team

Read more>
Online payments are not supported by your browser. Please choose an alternative browser or make payments through the 'Other payment options' on step 3.