Carbon price growth for the electricity supply sector in the UK 2018-2035

This statistic shows a projection of the carbon price growth for industry and services in the United Kingdom (UK) from 2018 to 2035, in British pounds per tonne for carbon. It shows that the price is expected to increase significantly over the years, totaling 99.3 British pounds per tonne of carbon in 2035.

Projected carbon price growth projections for the electricity supply sector in United Kingdom (UK) from 2018 to 2035

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Source

Release date

May 2019

Region

United Kingdom

Survey time period

2018 to 2035

Supplementary notes

The figures are projections.
Projected data is taken from the reference scenario, which is based on central estimates of economic growth and fossil fuel prices and contains all agreed policies where decisions on policy design are sufficiently advanced to allow robust estimates of impact (i.e. including "planned" policies).

According to the source, these prices include Carbon Price Support. They are consistent with the Carbon Price Floor rate cap of £18/tCO2 from 2016/2017 to 2019/2020 which the March 2014 Budget announced.

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