• OpenAccess
  • Effect of Carbon Price Floor on Levelised Cost of Gas-Fired Generation Technology in the UK  [CET 2016]
  • DOI: 10.4236/wjet.2016.43D009   PP.66 - 71
  • Author(s)
  • Tianxiang Luan, Kwoklum Lo
  • 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.
  • Carbon Price, Levelised Cost, Gas-Fired Power Plant
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