Government been asked to take action with energy prices: The Energy Intensive Users Group (EIUG) has urged the government to take immediate action to address the increasing crisis in the Energy Intensive Users.
The organisation, which represents the interests of big industrial energy consumers such as steel, chemicals, paper, and glass producers, has recommended a number of “urgent steps” to guarantee that factories remain operational this winter.
The EIUG asks the government to implement winter cost-cutting measures on gas, electricity, and carbon pricing to assist companies in continuing to produce vital commodities.
It also proposes that Ofgem duplicate the tariff savings provided in competitive industries throughout Europe.
“We have already seen the impact of the truly astronomical increases in energy costs on production in the fertiliser & steel sectors.” stated EIUG Chair Dr Richard Leese.
“Nobody wants to see a repeat in other industries this winter given that UK energy intensive industries produce so many essential domestic and industrial products & are intrinsically linked with many supply chains.
“Now is the moment for the government and Ofgem to take preventative action.”
Government been asked to take action with energy prices