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 …

fixed effects estimator and a hedonic price model of coal purchases in order to determine the implicit price of sulfur. Data … on contract coal purchases are divided into regulatory regimes based on when the contract was signed or re-negotiated. We … find that purchases by Phase I plants made under contracts signed or re-negotiated after the passage of the 1990 CAAA show …

estimator and a hedonic price model of coal purchases in order to determine the implicit price of sulfur. Data on contract coal … Phase I plants made under contracts signed or re-negotiated after the passage of the 1990 CAAA show an implicit price of SO2 …

. 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 …