Consumers could be stung with 2% energy prices rise

Switch today and save £618*

in partnership with Banner_uswitch

Looking to switch your business energy supplier? Click here

* Between 1st June 2016 and 30th Nov 2016, at least 10% of people who switched energy supplier for both gas and electricity with uSwitch saved £618*

New coal-fired power stations built in the UK with carbon capture technology could push consumer energy prices up by around two per cent, it has been claimed.

The government has unveiled an ambitious plan to create four of the new electricity-generating facilities by 2020.

Each one would be fitted with carbon capture storage, which would pipe excess carbon emissions to underground storage facilities in the North Sea.

However, the new plants could cost taxpayers dearly.

Benedict Southworth, director of poverty lobby group World Development Movement, said: "The government is committing billions of pounds of taxpayers' money on a technology that remains untested on a large scale and may never be economically viable."

"It is also yet to be proven that ¬climate-damaging carbon dioxide emissions can be stored safely underground," he added.

Energy and climate change secretary Ed Miliband is supports the new generation of 'clean coal' power stations.

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



Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.