The British Ports Association (BPA) has welcomed the UK Government’s new Industrial Strategy, which recognises ports as a ‘foundational industry’ eligible for reduced electricity costs and faster grid connections.
The strategy commits to reducing industrial electricity costs through a new British Industrial Competitiveness Scheme from 2027, offering eligible businesses a reduction of approximately £35-40/MWh up to 2030. Ports will also benefit from reforms to streamline electricity infrastructure consenting in Scotland and from targeted investment under the National Wealth Fund.
Ports across the UK are increasingly electrifying infrastructure to support lower carbon activities, but rising electricity prices have become a growing barrier to investment and competitiveness. Access to cheaper and more predictable power is therefore essential to the sector’s long-term growth and contribution to the energy transition.
“We welcome the Government’s recognition of ports as a ‘foundational industry’ the Industrial Strategy.
Ports face high electricity costs just as they are being asked to play a greater role in decarbonisation, energy generation, and supporting green industries. Access to cheaper, more reliable electricity and faster grid connections is essential to enable this transition. These measures are a big step in the right direction and will help underpin the long-term competitiveness of the UK’s maritime and industrial sectors.
Ports are already investing in electrification, new fuels, and infrastructure for offshore energy and low-carbon manufacturing. These new government commitments will help unlock further investment, and we look forward to working with government to ensure a timely and effective roll-out.”
The BPA will work closely with its members, government, and regulators to ensure the measures outlined are swiftly and effectively delivered. This includes supporting consultations, securing grid capacity, and ensuring investment reaches projects that unlock long-term economic and environmental value.