Review of the schemes to
compensate energy intensive industries for indirect emission
costs in electricity prices: summary of responses
Detail of feedback received
We received 34 responses from, among others:
- energy intensive companies
- trade associations
- non-governmental organisations
We have summarised the responses here, and will publish a full
government response at a later date.
Summary
We're seeking views on the risk of carbon leakage due to the
indirect emission cost from the UK Emissions Trading Scheme (ETS)
and compensation price support (CPS) mechanism plus feedback on
sector eligibility and scheme design.
This consultation ran from
11am on 14 June 2021 to 11:45pm on 9 August 2021
Consultation description
This consultation seeks views and evidence on:
- the risk of carbon leakage due to the indirect emission cost
from the UK ETS and
CPS
- which sectors are most at risk
- the design of the potential scheme if there continues to be a
rationale for compensation
We’re seeking views from a wide range of audiences, including:
- energy intensive industries (whether currently benefitting or
not benefitting from the compensation schemes)
- other electricity consumers
- trade bodies
- consumer associations
- the devolved administrations
- any other interested parties
See the BEIS consultation privacy
notice.
Please do not send responses by post to the department at the
moment as we may not be able to access them.
Documents
Review of the schemes to
compensate energy intensive industries for indirect emission
costs in electricity prices