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Effect of Carbon Price Floor on Levelised Cost of Gas-Fired Generation Technology in the UK

Effect of Carbon Price Floor on Levelised Cost of Gas-Fired Generation Technology in the UK
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摘要 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 levelised cost of gas-fired generation technology through the levelised cost of electricity (LCOE) ap-proach 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. 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 levelised cost of gas-fired generation technology through the levelised cost of electricity (LCOE) ap-proach 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.
作者 Tianxiang Luan Kwoklum Lo Tianxiang Luan;Kwoklum Lo(Department of Electronic and Electrical Engineering, University of Strathclyde, Glasgow, UK)
出处 《World Journal of Engineering and Technology》 2016年第3期66-71,共7页 世界工程和技术(英文)
关键词 Carbon Price Levelised Cost Gas-Fired Power Plant Carbon Price Levelised Cost Gas-Fired Power Plant
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