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British Industrial Competitiveness Scheme
08 July 2026
Type
Written Ministerial Statement
Department
Department for Business and Trade
At a Glance
Issue Summary
The statement addresses the implementation and regulatory changes for the British Industrial Competitiveness Scheme (BICS), a key policy of the UK's Industrial Strategy.
Action Requested
The Government will proceed with planned changes to RO, CM, and FIT regulations and lay legislation before Parliament in Autumn. An online eligibility checker tool will be launched shortly, and applications for BICS will open on October 1st and close on November 30th, with support starting from April 2027.
Key Facts
- The Government is implementing changes to the Renewables Obligation (RO), Capacity Market (CM) and Feed in Tariffs (FIT).
- Legislation for BICS will be laid before Parliament in Autumn.
- Applications open on October 1st, 2023 and close on November 30th, 2023.
- Eligible businesses will receive support from April 2027.
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Assessment & feedback
Summary accuracy