Data and Code for: When Does Regulation Distort Costs? Lessons from Fuel Procurement in U.S. Electricity Generation: Reply
收藏ICPSR2021-01-01 更新2026-04-16 收录
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The average effect of deregulatory policies on fuel prices at coal-fired power plants is strongly influenced by plants that were initially paying the highest prices for fuel. Primary sources document that these plants were locked into long-term, high-cost fuel contracts, and only secured market rates post-deregulation. While these plants' fuel costs were unusual, their response to deregulation was not: both coal- and gas-fired plants reduce fuel prices one-for-one with the amount they were initially paying above their neighbors' costs. Our understanding of deregulation is not improved by excluding those who stand to benefit most.<br>
提供机构：
Tufts University
创建时间：
2021-01-01
