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 …

against meeting this demand especially by using fossil fuels (coal), oil and natural gas. The alarming pollutant effect of … coal consumption, high oil prices and the EU dependence on the import of oil are just a few of the challenges for which the … stands as an example in this respect.Comparing all the advantages and disadvantages generated by the use of coal as the main …