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.

By: J. Bower

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