The use of long-term contracts in the procurement of coal for electricity generation iscommon. The data that is … observed from contracts and their transactions are fromdifferent levels of the pricing process. Contracts contain the … estimated where the first level is a hedonic model of coal prices. The contractthat initiates the delivery is used to connect …

. Using the example of coal-fired power plants, our numerical exercise examines the impacts of increasing a hypothetical …

. Using the example of coal-fired power plants, our numerical exercise examines the impacts of increasing a hypothetical …

. Using the example of coal-fired power plants, our numerical exercise examines the impacts of increasing a hypothetical …

by risk averse utilities or the utilities may buy forward contracts for SO{sub 2} allowances. However, speculators may … play an important role by selling forward contracts for SO{sub 2} allowances to the risk averse utilities. The Argonne …

sulfur coal. Here we assume that regulated electric utilities do have some incentive to lower revenue requirements and hence …

sulfur coal. Here we assume that regulated electric utilities do have some incentive to lower revenue requirements and hence …

introduction of the Acid Rain Program in the U.S. as a case study. The theory predicts that owners of coal deposits, expecting … implementation; moreover, the incentive to increase supply would be stronger for owners of high-sulfur coal. This would, all else … equal, induce an increase in sulfur dioxide emissions. Using data on prices, heat input and sulfur content of coal delivered …