US EditionAction on Energy Prices Welcomed but Grid Resilience Remains Key Issue for UK Business
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Action on energy prices welcomed but grid resilience remains key issue for UK business
The UK Government’s Industrial Strategy, which has set out action to reduce the UK’s punishing electricity prices for business, has been welcomed, but concerns remain that electricity grid resilience has not been addressed. A new British Industrial Competitiveness Scheme will cut costs by up to £40/MWh from 2027, benefiting circa 7,000 manufacturing firms by granting them exemptions from charges that support green energy and back-up power supply…
Good news for business, but grid resilience remains a key issue - Automation Magazine
The UK Government’s Industrial Strategy, which has set out action to reduce the UK’s punishing electricity prices for business, has been welcomed, but concerns remain that electricity grid resilience has not been addressed. A new British Industrial Competitiveness Scheme will cut costs by up to £40 per megawatt-hour from 2027, benefiting circa 7,000 manufacturing firms by granting them exemptions from charges that support green energy and back-u…
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