Carbon Taxes > BRIEFING: UK could face hefty export tax on electricity under EU’s CBAM

BRIEFING: UK could face hefty export tax on electricity under EU’s CBAM

Published 15:57 on November 22, 2024  /  Last updated at 16:03 on November 22, 2024  / /  Carbon Taxes, CBAM, EMEA, UK ETS

The UK risks facing a tax on electricity exports to the EU in the range of £40-50 (€43-55) per megawatt-hour under the bloc's Carbon Border Adjustment Mechanism (CBAM), experts told a webinar Friday about the UK's need for electricity market reform.
The UK risks facing a tax on electricity exports to the EU in the range of £40-50 (€43-55) per megawatt-hour under the bloc's Carbon Border Adjustment Mechanism (CBAM), experts told a webinar Friday about the UK's need for electricity market reform.


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