G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w28949
来源IDWorking Paper 28949
Coal-Fired Power Plant Retirements in the U.S.
Rebecca J. Davis; J. Scott Holladay; Charles Sims
发表日期2021-06-28
出版年2021
语种英语
摘要We summarize the history of U.S. coal-fired plant retirements over the last decade, describe planned future retirements, and forecast the remaining operating life for every operating coal-fired generator. We summarize the technology and location trends that are correlated with the observed retirements. We then describe a theoretical model of the retirement decision coal generator owners face. We use retirements from the last decade to quantify the relationships in the model for retired generators. Our model predicts that three-quarters of coal generation capacity will retire in the next twenty years, with most of that retirement concentrated in the next five years. Policy has limited ability to affect retirement times. A $20 per MWh electricity subsidy extends the average life of a generator by six years. A $51 per ton carbon tax brings forward retirement dates by about two years. In all scenarios, a handful of electricity generators remain on the grid beyond our forecast horizon.
主题Public Economics ; Public Goods ; Industrial Organization ; Market Structure and Firm Performance ; Regulatory Economics ; Industry Studies ; Environmental and Resource Economics ; Energy
URLhttps://www.nber.org/papers/w28949
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/586623
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Rebecca J. Davis,J. Scott Holladay,Charles Sims. Coal-Fired Power Plant Retirements in the U.S.. 2021.
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