The UK will reduce green surcharges on electricity bills for energy-intensive industries as part of a broader strategy to revive domestic manufacturing. (Renewables Now)
The plan includes £1.2 billion in relief for sectors like steel, chemicals, and ceramics, where electricity costs often exceed global competitors by 60% or more. It’s a signal that decarbonization incentives are now being recalibrated to retain industrial investment.
For US utilities, this is a trend worth watching: Pairing clean energy targets with cost relief for large industrial customers could become a new political template, especially as energy-intensive reshoring picks up across North America.