The Moneypoint coal plant is nearing the end of its useful life and will need to be replaced. For Moneypoint's replacement, we consider different types of baseload technologies: coal plants with and without carbon capture, combined-cycle gas plants and a nuclear plant. This paper compares how...

The growth in variable renewable energy (vRES) and the need for flexibility in power systems go hand in hand. We study how vRES and other factors, namely the price of substitute fuels, power price volatility, structural breaks, and seasonality impact the hedgeable power spreads (profit margins)...