Draft Renewables Obligation and Electricity Capacity (Amendment) (British Industrial Competitiveness Scheme Excluded Electricity) Regulations 2026
It is a pleasure to serve under your chairship, Mr Dowd. These regulations put the British industrial competitiveness scheme into effect. Eligible manufacturers will be exempt from the indirect costs of the renewables obligation and the capacity market, with the Government saying that other consumers will not pay more. In my North Somerset constituency, we sit on the edge of the West of England aerospace and advanced manufacturing cluster. These firms and their supply chains compete globally against rivals with far lower energy costs. Cutting those costs protects skilled jobs here, so I support the regulations.