SI 2018/739
22nd June 2018Simplifi June News letter
25th June 2018Consultation on energy intensive cost exemptions
Department for Business, Energy & Industrial Strategy is consulting on widening the eligibility for energy intensive industries for exemption from the indirect costs of the renewable electricity support schemes. Consultation closes 7th September. https://www.gov.uk/government/consultations/widening-eligibility-for-renewable-electricity-cost-relief-schemes. Consultation covers aspects such as:
- whether there is evidence of potential competitive distortions as a result of the current eligibility threshold for the renewable electricity cost exemption schemes
- to what percentage should the current threshold of 20% electricity intensity be lowered – 17%, 15% or 10% – in order to address the distortions
- if the threshold is lowered, how should the cost on non-eligible consumers be minimised
- how should money recovered from over-exempted EIIs be redistributed
- how operation of the exemption schemes might be improved.Consultation on widening