Sources Act plans for by 2030. However, a swift exit from coal, and natural gas in the long run, is required to achieve this …-related increases in gas prices drove up electricity prices. The construction of new nuclear power plants, which has been discussed by …The German electricity market has recovered well from the 2022 energy crisis. Policymakers should now redirect the …

coal- and gas-fired electricity generation in an international emissions trading scheme. In the basic policy scenario …, electricity markets are national and one country bans coal while the emissions cap remains unchanged. The allocative displacement …We investigate the displacement effects of unilateral phase-out-of-coal policies in a stylized two-country model with …

We investigate the displacement effects of phase-out-of-coal policies in a stylized model of electricity generation and … electricity, some emissions as well as some coal-based electricity "leak" into other countries and the aggregate welfare of the … generate electricity from coal. When electricity is traded, that combined policy prevents the leakage of emissions and coal …

.S. coal-fired plants emitted 1.2 billion tons of carbon dioxide and 74% of coal-fired electricity production came from price …This paper provides empirical evidence that U.S. power plants exhibit risk aversion when purchasing coal. Specifically …, I show that plants facing more spot coal price uncertainty sign longer duration coal contracts, purchase contract coal …

accrue to electricity generators. Using natural gas prices as a proxy for generators’ surplus, we find railroads charge …, distributional effects have been more difficult to assess. In the electricity sector, deregulation has vastly increased information … railroads that transport coal from mines to power plants, use this information to capture economic rents that would otherwise …

accrue to electricity generators. Using natural gas prices as a proxy for generators’ surplus, we find railroads charge …, distributional effects have been more difficult to assess. In the electricity sector, deregulation has vastly increased information … railroads that transport coal from mines to power plants, use this information to capture economic rents that would otherwise …

propensity to renegotiate. We test our hypotheses using data on U.S. coal contracts after the policy shock of the 1990 Clean Air … Act Amendments. This law altered the regulation of emissions of sulfur dioxide from coal-fired electric power plants …, initiating a tradable permit system for a subset of coal-fired power plants which had previously been unregulated at the federal …

procurement practices by coal- and natural gas-fired electricity generating plants in the United States following state … gas-fired electricity plants in the United States from 1990-2009, with plant-level data on operations and regulatory … purchases to more productive mines, rather than simply a transfer of regulatory rents from coal producers to electricity …

long-run efficiency benefits by removing the incentive to over-invest in capital. The coal storage behavior of U.S. power … plants is an ideal setting to empirically assess this claim: coal stockpiles are adjusted far more frequently than … traditional forms of capital and regulators treat coal stockpiles as working capital. This paper estimates a dynamic plant …

Natural gas has replaced coal as the dominant fuel for U.S. electricity generation. However, U.S. states that regulate … electric utilities have retired coal more slowly than others. We build a structural model of rate-of-return regulation during … an energy transition where utilities face tradeoffs between lowering costs and maintaining coal capacity. We find that …