impact assessment -- option one reported only in attached http://www.decc.gov.uk/assets/decc/Consultations/emr/1042-ia-electricity-market-reform.pdf consultation page here http://www.decc.gov.uk/en/content/cms/consultations/emr/emr.aspx comments our way
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U.K. Utilities to Pay Extra $43 Billion in Low-Carbon Proposal
2010-12-16 13:30:13.96 GMT
By Mathew Carr
Dec. 16 (Bloomberg) -- U.K. power utilities will pay an
additional 27.3 billion pounds ($43 billion) in equipment costs
in the 20 years through 2030 under a proposal to lower the
country's emissions and replace aging plants.
On the other hand, British utilities will buy fewer carbon
allowances in the European Union emissions market, saving about
11.5 billion pounds, according to the government's impact
assessment released today.
For Related News and Information:
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To contact the reporter on this story:
Mathew Carr in London at +44-20-7073-3531 or
m.carr@bloomberg.net
To contact the editor responsible for this story:
Mike Anderson at +44-20-7673-2718 or
manderson34@bloomberg.net
