Power prices may drop for 2007
TORONTO, ONTARIO - The Independent Electricity System Operator says Ontario customers will pay less for electricity next year as a result of changes it is proposing.
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British carbon tax leads to 93% drop in coal-fired electricity
LONDON - A tax on carbon dioxide emissions in Great Britain, introduced in 2013, has led to the proportion of electricity generated from coal falling from 40% to 3% over six years, according to research led by UCL.
British electricity generated from coal fell from 13.1 TWh (terawatt hours) in 2013 to 0.97 TWh in September 2019, and was replaced by other less emission-heavy forms of generation such as gas. The decline in coal generation accelerated substantially after the tax was increased in 2015.
In the report, 'The Value of International Electricity Trading', researchers from UCL and the University of Cambridge also…
