The UK government has invested over £12.5 billion over the past ten years in fossil fuel power plants through a capacity market scheme designed to ensure reliable electricity supply during winter, according to Aurora Energy Research.
The announcement that the total UK carbon price will remain at its current level could signal a resurgence of coal, according to Aurora Energy Research.
A new report released by Aurora Energy Research has claimed that the UK Government has underestimated the amount of subsidy it will have to pay to UK wind farms by £80million per annum, including Moray East Wind Farm in northern Scotland.
