An alternative 20:20 vision of the UK energy sector: Energy Trading Solutions in a Carbon Free World
The UK renewable energy industry should stop lobbying government for subsidies and extensions of the RO scheme but instead push for a sharper CO2 allowance price signal from the EU Emissions Trading Scheme (EU ETS). A target price of Euro 45 per tonne CO2 would be sufficient to support a secure and sustainable mix of new gas-fired and renewable electricity generation capacity investment in the UK.
Categories:
Country and Regional Studies , Energy and the Environment , Energy Policy , Finance
Tags:
CCGT , Competition , Energy Supplies , Energy White Paper , Environmental taxes , EU Emissions Trading Scheme , Government Energy Policy , Liberalisation , Renewables , Transport , United Kingdom CO2 Emissions