The impact of low carbon generation on the future price of electricity
Bellingham, Richard (2008) The impact of low carbon generation on the future price of electricity. Fraser of Allander Economic Commentary, 32 (1). pp. 63-69. ISSN 2046-5378
Preview |
PDF.
Filename: FEC_32_1_2008_BellinghamR.pdf
Final Published Version License: Unspecified Download (184kB)| Preview |
Abstract
There are relatively few who would argue that tackling climate change, and therefore reducing carbon emissions, should not be a priority for society and the energy sector. But significant increases in energy prices are a necessary consequence of that policy. Using published sources this paper estimates that by 2020 UK and EU regulatory mechanisms designed to promote lower carbon energy will increase average household electricity prices by between 23% and 42%, and median industrial electricity prices by between 30% and 60%.
-
-
Item type: Article ID code: 46897 Dates: DateEventJune 2008PublishedSubjects: Social Sciences > Economic Theory Department: Strathclyde Business School > Economics
Strathclyde Business School > Fraser of Allander InstituteDepositing user: Pure Administrator Date deposited: 26 Feb 2014 05:09 Last modified: 04 Sep 2024 00:49 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/46897
CORE (COnnecting REpositories)