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 (https://doi.org/10.4236/wjet.2016.43D009)
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Abstract
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.
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Item type: Article ID code: 58928 Dates: DateEvent20 October 2016Published13 October 2016AcceptedSubjects: Technology > Electrical engineering. Electronics Nuclear engineering Department: Faculty of Engineering > Electronic and Electrical Engineering
Strathclyde Business SchoolDepositing user: Pure Administrator Date deposited: 01 Dec 2016 14:23 Last modified: 11 Nov 2024 11:34 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/58928