Coal value down due to carbon pricing

Carbon pricing is driving down the profitability of coal in the UK, says Ofgem, but government must address a future carbon price

A decision on the carbon price floor after 2021 is expected in budget. Photograph: Julian Fletcher/123RFCarbon pricing is forcing the decline of coal-powered generation, according to a report by regulator Ofgem.

The analysis comes ahead of the budget, where a decision on the future carbon price is needed to avoid undermining the next carbon capacity auction in early 2018.

Please sign in or register to continue.

Sign in to continue reading

Having trouble signing in?

Contact Customer Support at
report@ends.co.uk
or call 020 8267 8120

Subscribe for full access

or Register for limited access

Already subscribe but don't have a password?
Activate your web account here