Insight
| |
3 Pages

Beer, bingo and cheaper carbon – the UK budget 2014


Beer, bingo and cheaper carbon – the UK budget 2014

Report summary

In an attempt to limit rising energy costs, the UK Chancellor, George Osborne, used his 2014 budget to announce a reform of the country’s Carbon Price Floor arrangement.

The announcement may not interest the UK consumer as much as cuts in the taxation of beer or bingo, but will it have a real influence on energy prices or the development of the UK's power supply mix? In our view, this is unlikely.

What's included?

This report includes 1 file(s)

  • Beer, bingo and cheaper carbon – the UK budget 2014 PDF - 523.20 KB 3 Pages, 0 Tables, 2 Figures

Description

This Power Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues within the power industry, this report gives you an expert opinion and analysis to help inform your decision making.

Wood Mackenzie's detailed analysis and reliable market forecasts provide a strong reference, enabling a quick and concise description about the relationship between this event and its implications.

Underpinned by our extensive gas, coal and oil markets research, Wood Mackenzie's detailed analysis and reliable market forecasts provide a reliable foundation for investments and corporate planning. We help you understand key regulatory and economic drivers, and emerging industry tends in the power industry.

  • Carbon price floor reform
  • The long-term sensitivity of EU ETS prices
  • Conclusion

In this report there are 2 tables or charts, including:

  • Carbon price floor reform
    • Modelled carbon price support (CPS) rates
    • UK power supply mix
  • The long-term sensitivity of EU ETS prices
  • Conclusion
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...