Electricity Generation: Taxation

Treasury written question – answered at on 20 February 2023.

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Photo of Alan Whitehead Alan Whitehead Shadow Minister (Department for Business, Energy and Industrial Strategy) (Energy and Climate Change), Shadow Minister (Climate Change and Net Zero)

To ask the Chancellor of the Exchequer, what assessment his Department has made of including the potential benefits of (a) gas, (b) pumped storage hydroelectricity, (c) battery storage, (d) coal and (e) oil generation in the Electricity Generator Levy.

Photo of James Cartlidge James Cartlidge The Exchequer Secretary

The Electricity Generator Levy applies to groups generating electricity from nuclear and renewable (including biomass) sources and energy from waste.

The Government outlined its assessment of the merits of applying the Levy to a broader section of generation technologies in paras 1.44 to 1.51 of the technical note published at Autumn Statement which is available online: www.gov.uk/government/publications/electricity-generator-levy-technical-note

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