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The Strathprints institutional repository is a digital archive of University of Strathclyde's Open Access research outputs. Strathprints provides access to thousands of Open Access research papers by University of Strathclyde researchers, including by researchers from the Department of Computer & Information Sciences involved in mathematically structured programming, similarity and metric search, computer security, software systems, combinatronics and digital health.

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Effect of carbon price floor on levelised cost of gas-fired generation technology in the UK

Luan, Tianxiang and Lo, Kwok (2016) Effect of carbon price floor on levelised cost of gas-fired generation technology in the UK. World Journal of Engineering and Technology, 4 (3D). pp. 66-71. ISSN 2331-4249

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The UK government implements carbon price floor to provide long-term incentive to invest in low-carbon technology, thus, fossil-fuel power plants have to face increasing carbon price. This report addresses the effect of carbon price floor on the levelised cost of gas-fired generation technolo-gy through the levelised cost of electricity (LCOE) approach with the estimation of carbon price floor. Finally, the comparison of levelised cost of electricity for all generation technology in the UK will be shown and discussed.