British Industrial Competitiveness Scheme: consultation on scheme eligibility and approach

The British Industrial Competitiveness Scheme (BICS) scheme aims to reduce electricity costs. This is for manufacturing frontier industries within the Industrial Strategy’s growth sectors – the Industrial Strategy 8 (IS-8), and manufacturing foundational industries which provide key inputs to the frontier industries, who meet a certain threshold of electricity intensity.

Eligible businesses are to be exempt from paying the indirect costs of the Renewables Obligation, Feed-in Tariffs and the Capacity Market.

This consultation seeks views on the scheme’s proposed approach and how businesses eligible for the scheme should be selected. We are seeking views from all stakeholders with an interest in the proposed scheme.