British Industrial Competitiveness Scheme: consultation on regulatory changes and scheme delivery
This consultation seeks views on the proposed regulatory changes and approach to scheme delivery for the new British Industrial Competitiveness Scheme (BICS).
The British Industrial Competitiveness Scheme (BICS) aims to reduce electricity costs for manufacturing frontier industries within the Industrial Strategy’s growth sectors (the IS-8), and foundational manufacturing industries which provide key inputs to the frontier industries, who meet the relevant electricity‑intensity threshold.
Eligible businesses are to be exempt from paying the indirect costs of the Renewables Obligation and Feed-in Tariffs from April 2027 and the Capacity Market from October 2027.
This consultation seeks views on the proposed regulatory changes being made to give effect to BICS and how we propose the scheme be delivered.
This consultation covers Great Britain (England, Scotland and Wales) and does not apply to Northern Ireland. The Scottish Government is responsible for the Renewable Obligations legislation in Scotland and will be consulting separately on changes to their legislation.