The Reliability Pricing Mechanism and Coal-Fired Generators in Pjm

We study the effect of the Reliability Pricing Mechanism (RPM) capacity market on coal-fired electric power generator retirements in PJM Interconnection L.L.C. (PJM). We provide evidence that RPM acts as a channel through which environmental regulations affect the supply mix. Increases in RPM prices signal the need for expensive capital improvements and increase the probability of coal retirement

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Year of publication:	2022
Authors:	Fleten, Stein-Erik ; Fram, Benjamin P. ; Ullrich, Carl J.
Publisher:	[S.l.] : SSRN
Subject:	Preismanagement \| Pricing strategy

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Extent:	1 Online-Ressource (23 p)
Type of publication:	Book / Working Paper
Language:	English
Other identifiers:	10.2139/ssrn.4302338 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014240465