Sandbag is a UK based not-for-profit organisation campaigning for environmentally and economically effective climate policies, with a focus on the EU Emissions Trading System (ETS).
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posted by Dave on 2nd Mar 2015

Over the last 10 years, coal has provided on average 33% of the UK’s electricity supply.

Coal hit a peak of 40% of electricity supply in 2012 because of high gas prices. However, it rapidly fell back to 30% in 2014 as planned coal power station closures took effect, new wind turbines came online, consumption fell, and gas prices dipped during summer

The Department of Energy and Climate Change (DECC) assume that – on forecast prices and policies – coal will phase out to zero by 2026 (see figure 1).

However, when Brent oil price crashed to $48 per barrel at the end of January, forward electricity market prices came within a whisker of DECC’s “Low Price” scenario, which DECC forecast would mean virtually all coal power stations will be phased-out by 2022....

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