The UK Energy Intensive Industries (EIIs) have been granted state aid compensation for the cost of renewables.
The move – as stated by the Department for Business, Innovation and Skills (BIS) – will give the UK steel industry greater certainty around energy costs and save the sector hundreds of millions of pounds, following concerted EU engagement led by Business Secretary Sajid Javid. The Prime Minister announced on October 28, 2015 that compensation…
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