Carbon storage could spell the end for cheap electricity

Switch energy supplier to cut your winter bills down to size

 
Compare energy deals and switch to save up to £477* on your bills

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

*Between 1 Jan 2019 and 30 June 2019, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £477 or more.

Carbon capture and storage projects could spell the end for cheap electricity from coal-fired power stations, it has been claimed.

Climate change and energy secretary Ed Miliband is set to spend billions on the new technology which is used to store carbon emissions from polluting power stations before they make it into the atmosphere.

Mr Miliband is considering developing a transport infrastructure which would ensure green house gases are stored in suitable locations.

However, it is believed that the cost could end up being passed onto consumers through their electricity bills.

John Sauven, executive director of environmental organisation Greenpeace, told the Guardian: "Mr Miliband should be focused on cutting emissions, not appeasing German energy giants like E.ON who want to build a new coal-fired power station at Kingsnorth without guaranteeing it will capture and store any of its emissions."

Today, the UK government said it would pay for four carbon capture demonstration plants, used to test the new technology before it is rolled out.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.


Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more