.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 …

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 …

The European Commission is introducing new regulations on submission and publication of data in electricity markets … immediacy. I conclude that to achieve the aims of efficiently functioning wholesale electricity markets, fair and non …-discriminatory access to data and a coherent and consistent view of the European wholesale electricity market, it does not seem advisable to …

entitled to receive 25 per cent of the shares in electric utilities and 40 per cent of the shares in gas supply during the …

entitled to receive 25 per cent of the shares in electric utilities and 40 per cent of the shares in gas supply during the …

infrastructure-intensive industries. I find that for a large-scale transmission network like the U.S. natural gas pipeline system … cap regime. My results have specific implications for the U.S. natural gas market, as well as more general implications …