Business and Trade Committee
28 April 2026
No chapters available yet
Legend
Transcript markers
- text Sentence being played
- text Search result
- text Intervention cited by the link you opened
Click a sentence to play the video from that moment. Select text to quote it with the speaker, timestamp and link.
More options
Business and Trade Committee House of Commons
00:01 - 00:55
Speaker 1
Welcome to today's session of the business and trade committee and our industrial strategy spotlight session where we are focusing on a couple of issues of concern and some sectors of concern. Absolutely top of our list of worries at the moment as a committee are energy costs. So the purpose of this panel is to help us understand what is going on and what the government needs to do about it. And Arjun, perhaps I could start with you. Nissan tell us that their plants in The UK face the highest power costs in the world.
OpenAI have just canceled a data center in The UK for the same reason. It seems like our high energy costs are putting factories of the past under pressure and industries of the future are turning away for the same reason. Could you give us a sense from your point of view about how high energy costs now rank as an issue of concern for your members?
00:56 - 01:25
Speaker 2
Yep. So I'm Alain Greff, director of energy intensive users group. I represent the most energy intensive manufacturing sectors, even more energy intensive than data centers of Nissan. So it means that they're also more exposed to high electricity and gas prices. Because they're so energy intensive industry, energy intensive, electricity and gas cost basically are one of the highest input factors manufacturing process, and therefore ranks for most of them the highest of the overall concern.
01:26 - 01:33
Speaker 1
And is that concern going up or is it just high and stable? How's it how are the dynamics dynamics of of that? That?
The rest of the transcript is for Pro customers
Unlock the full transcript, chat, and every analysis feature with Polyfact Pro.
The video itself stays free to watch, in full, no account needed.
Ask anything about this video — I analyse its transcript to answer.