Understanding the British Industrial Competitiveness Scheme

Understanding the British Industrial Competitiveness Scheme

When: This took place on 8th January 2025, 11am
Where: Online – free to register to watch the recording

The government’s new British Industrial Competitiveness Scheme (BICS) is set to reshape electricity costs for manufacturers in key growth sectors from the UK’s modern industrial strategy. With the scheme currently under consultation, now is the time to understand what’s proposed, who may qualify, and how your organisation could benefit.

We’re hosting a focused webinar on Wednesday, 8th January, to give UK manufacturers a clear and practical overview of what BICS could mean for them.

In this session, we will cover:

• The sectors in scope (IS-8) and which businesses may fall under the scheme
• How the proposed exemptions could work and the value to your business
• What we know so far
• How Envantage is preparing its own consultation response on behalf of industry
• Considerations for organisations that may wish to respond directly
• Live Q&A

Whether your business is in advanced manufacturing or a foundational industry supporting them, this session will help you to understand the opportunities and the next steps to consider.

BICS has the potential to deliver meaningful long-term cost reductions, but eligibility and implementation will depend heavily on the consultation outcomes. This webinar is designed to give you a clear understanding of the direction of travel and how to prepare.

Register now

Your hosts for this webinar

Jessica Harris

Senior Carbon & Energy Consultant

Michael Holness

Senior Carbon & Energy Consultant

Register now

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