UK carbon floor seen raising power prices across Europe

Electricity prices could rise as UK sets minimum carbon floor

The UK's plan to set a minimum floor price for carbon of £16 a tonne in 2013 is likely to drive electricity prices up throughout Europe over the next few years, experts say.

"There may be some unintended side effects of this that go beyond our borders," says Alessandro Vitelli director of strategy and information at IDEACarbon in London. "If UK power prices go up because of the additional cost of carbon involved it might provide an incentive to power generators in other countries who can be

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: