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- W1971569156 abstract "This paper examines changes in the utilization rates (annual capacity factors) of coal-burning power plants in the eastern United States after 1996, when federal regulators opened the transmission system to wholesale power markets. This and other accompanying market-oriented reforms were intended to improve efficiency by encouraging regional dispatch by independent system operators. If the reforms made dispatch more efficient, then utilization rates of high-cost plants should have fallen relative to those of low-cost plants since 1996. A difference-in-difference model using plant-level panel data indicates that relative utilization rates of high-cost plants did indeed fall after 1996, but only in regions with independent system operators. Simulations indicate cost savings on the order of two to three percent." @default.
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- W1971569156 date "2006-01-01" @default.
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- W1971569156 title "Measuring Gains from Regional Dispatch: Coal-Fired Power Plant Utilization and Market Reforms" @default.
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- W1971569156 doi "https://doi.org/10.5547/issn0195-6574-ej-vol27-no1-7" @default.
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