Business, Innovation and Skills written question – answered at on 6 January 2014.
To ask the Secretary of State for Business, Innovation and Skills what the timeline is for securing state aid approval from the European Commission for compensation for energy-intensive industries affected by the carbon floor price; and whether compensation will be back dated to April 2013 when the carbon floor price entered into force.
The UK Government pre-notified the European Commission of its intention to compensate energy intensive industries for the indirect costs of the carbon price floor in September 2012. We received comments earlier this year and are awaiting a response from the Commission on our recent submission. Dependent on their response we expect to submit our formal notification early in the new year. While it is not possible to absolutely determine the outcome, from discussions at senior and commissioner level it is hopeful that we will receive approval by the end of the financial year. Given the impact the Commission's delay is having on business, we are pursuing the issue of backdating with the Commission. We want the Decision, when it comes, to enable EIIs to claim back-payment of the compensation to April 2013 when the CPF scheme came into force, but the final decision on this rests with the European Commission.
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