Grubb, M; Drummond, PT; (2018) UK Industrial Electricity Prices: Competitiveness in a Low Carbon World. UCL Energy Institute / UCL Institute for Sustainable Resources: London, UK.

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Abstract

UK electricity prices are the topic of lively debate, particularly industrial prices in the context of Brexit and the UK’s Industrial Strategy. This report was written as a contribution to that debate by Professor Michael Grubb and Paul Drummond, Senior Research Associate, at the UCL Institute of Sustainable Resources, with extensive and invaluable contributions on the Italian electricity system by our colleague Elsa Barazza. We benefited from international inputs by Felix Matthes (Öko-Institut, Berlin) and Davide Tabarelli at Nomismaenergia, Bologna and are most grateful to them for providing information and explaining the intricacies of their national electricity pricing systems. We would like to thank everyone who contributed their time and expertise, including through three workshops held to consider and debate the emerging findings. Their involvement was invaluable and some are listed below. However the findings and recommendations in this report cannot be attributed to any one individual or organisation, and the authors are responsible for the views expressed.

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