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| |CES Country Name=United Kingdom | | |CES Country Name=United Kingdom |
| |CES Country Capital=London | | |CES Country Capital=London |
− | |CES Country Region=Europe & Central Asia | + | |CES Country Region Europe and Central Asia = Europe & Central Asia |
| |CES Country Coordinates=51.5000° N, 0.1167° W | | |CES Country Coordinates=51.5000° N, 0.1167° W |
| }} | | }} |
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| === Climate Change === | | === Climate Change === |
| | | |
− | *Carbon Tax 2013-2020: Carbon tax, known as the carbon price floor, was introduced in 2013 to charge fossil fuel power plants for their carbon emissions. As of 2018, the carbon tax is £18 ($25) per ton of carbon dioxide emitted in producing electricity. Since UK is also a member of [https://ec.europa.eu/clima/policies/ets_en EU's emission trading scheme], it also pays a market-based price for for carbon credits, which is about £5 per ton of CO2. Whenever the carbon price in the EU’s Emissions Trading System (ETS) is less than the U.K. price floow — which has been essentially all of the time since 2012 — the producers pay the difference to the British Treasury. <ref>http://www.telegraph.co.uk/business/2017/11/15/carbon-tax-thrusts-britain-towards-top-low-carbon-energy-league/</ref><ref< “Where Carbon is Taxed.” Carbon Tax Center. n.a. https://www.carbontax.org/where-carbon-is-taxed/. Accessed 3 March 2018. | + | *Carbon Tax 2013-2020: Carbon tax, known as the carbon price floor, was introduced in 2013 to charge fossil fuel power plants for their carbon emissions. As of 2018, the carbon tax is £18 ($25) per ton of carbon dioxide emitted in producing electricity. Since UK is also a member of [https://ec.europa.eu/clima/policies/ets_en EU's emission trading scheme], it also pays a market-based price for for carbon credits, which is about £5 per ton of CO2. Whenever the carbon price in the EU’s Emissions Trading System (ETS) is less than the U.K. price floow — which has been essentially all of the time since 2012 — the producers pay the difference to the British Treasury. <ref>http://www.telegraph.co.uk/business/2017/11/15/carbon-tax-thrusts-britain-towards-top-low-carbon-energy-league/</ref><ref> “Where Carbon is Taxed.” Carbon Tax Center. n.a. https://www.carbontax.org/where-carbon-is-taxed/. Accessed 3 March 2018. |
| </ref> | | </ref> |
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| *Renewables Obligation (RO) 2002: It requires electricity generators to source a proportion of their electricity from eligible renewable sources. | | *Renewables Obligation (RO) 2002: It requires electricity generators to source a proportion of their electricity from eligible renewable sources. |
| *[[Feed-in Tariffs (FIT)|Feed in Tariffs (FIT) 2000]] | | *[[Feed-in Tariffs (FIT)|Feed in Tariffs (FIT) 2000]] |
− | *Contract for Difference (CfD) (2014): This policy aims to replace the RO introduced in 2002 and is designed to suport large scale renewable generation (more than 5 MW). It is based on the difference between the market price and an agreed “strike price”.If the “strike price” is higher than a market price, the CfD Counterparty must pay renewable generator the difference in amount. If the market price is higher than the agreed “strike price”, renewable generator must pay back the CfD Counterparty the difference in amount<ref name="https://www.iea.org/policiesandmeasures/pams/unitedkingdom/name-145039-en.php?s=dHlwZT1yZSZzdGF0dXM9T2s,&return=PG5hdiBpZD0iYnJlYWRjcnVtYiI-PGEgaHJlZj0iLyI-SG9tZTwvYT4gJnJhcXVvOyA8YSBocmVmPSIvcG9saWNpZXNhbmRtZWFzdXJlcy8iPlBvbGljaWVzIGFuZCBNZWFzdXJlczwvYT4gJnJhcXVvOyA8YSBocmVmPSIvcG9saWNpZXNhbmRtZWFzdXJlcy9yZW5ld2FibGVlbmVyZ3kvIj5SZW5ld2FibGUgRW5lcmd5PC9hPjwvbmF2Pg,,">https://www.iea.org/policiesandmeasures/pams/unitedkingdom/name-145039-en.php?s=dHlwZT1yZSZzdGF0dXM9T2s,&return=PG5hdiBpZD0iYnJlYWRjcnVtYiI-PGEgaHJlZj0iLyI-SG9tZTwvYT4gJnJhcXVvOyA8YSBocmVmPSIvcG9saWNpZXNhbmRtZWFzdXJlcy8iPlBvbGljaWVzIGFuZCBNZWFzdXJlczwvYT4gJnJhcXVvOyA8YSBocmVmPSIvcG9saWNpZXNhbmRtZWFzdXJlcy9yZW5ld2FibGVlbmVyZ3kvIj5SZW5ld2FibGUgRW5lcmd5PC9hPjwvbmF2Pg,,</ref><br/> | + | *Contract for Difference (CfD) (2014): This policy aims to replace the RO introduced in 2002 and is designed to suport large scale renewable generation (more than 5 MW). It is based on the difference between the market price and an agreed “strike price”.If the “strike price” is higher than a market price, the CfD Counterparty must pay renewable generator the difference in amount. If the market price is higher than the agreed “strike price”, renewable generator must pay back the CfD Counterparty the difference in amount<ref name="https://bit.ly/2HJvfcr,,">https://bit.ly/2HJvfcr,</ref><br/> |
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| === Heat === | | === Heat === |
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| <references/> | | <references/> |
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− | [[Category:United_Kingdom]]
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| [[Category:Europe_and_Central_Asia]] | | [[Category:Europe_and_Central_Asia]] |
| + | [[Category:United_Kingdom]] |
United Kingdom
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Capital
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London
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Region
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Europe & Central Asia
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Coordinates
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51.5000° N, 0.1167° W
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Total Area (km²) It includes a country's total area, including areas under inland bodies of water and some coastal waterways.
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243,610
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Population It is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship--except for refugees not permanently settled in the country of asylum, who are generally considered part of the population of their country of origin.
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69,226,000 (2024)
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Rural Population (% of total population) It refers to people living in rural areas as defined by national statistical offices. It is calculated as the difference between total population and urban population.
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15 (2024)
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GDP (current US$) It is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
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3,643,834,188,782.91 (2024)
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GDP Per Capita (current US$) It is gross domestic product divided by midyear population
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52,636.79 (2024)
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Access to Electricity (% of population) It is the percentage of population with access to electricity.
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100.00 (2024)
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Energy Imports Net (% of energy use) It is estimated as energy use less production, both measured in oil equivalents. A negative value indicates that the country is a net exporter. Energy use refers to use of primary energy before transformation to other end-use fuels, which is equal to indigenous production plus imports and stock changes, minus exports and fuels supplied to ships and aircraft engaged in international transport.
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44.30 (2023)
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Fossil Fuel Energy Consumption (% of total) It comprises coal, oil, petroleum, and natural gas products.
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75.54 (2023)
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There is a spectrum of possibilities for the UK’s future relationship with the EU ETS, ranging from continued membership, through to linking, or to full separation
The UK government has announced 4 nuclear-mix projections under the Carbon Plan. The total installed capacity is expected to be around 16-75 GW
Because of all these different measures, UK businesses already have the second highest energy bills in the EU. These social polices add 20% to the energy bill.