The Fall of Coal: Joint Impacts of Fuel Prices and Renewables on Generation and Emissions Journal Article uri icon

Overview

abstract

  • Since 2007, US coal-fired electricity generation has declined by a stunning 25 percent. Detailed daily unit-level data is used to examine the joint impact of natural gas prices and wind generation on coal-fired generation and emissions, with a focus on the interaction between gas prices and wind. This interaction is found to be significant. Marginal responses of coal-fired generation to natural gas prices (wind) in 2013 were larger, sometimes much larger, than the counterfactual with 2008 wind generation (gas prices). Additionally, these factors jointly account for the vast majority of the observed decline in generation and emissions. (JEL L94, L95, Q35, Q38, Q42, Q53)

publication date

  • May 1, 2018

Full Author List

  • Fell H; Kaffine DT

Other Profiles

Additional Document Info

start page

  • 90

end page

  • 116

volume

  • 10

issue

  • 2