This paper develops methodologies to assess the ability of electric utilities to sustain the forced impairment of carbon emitting power plants and applies those methods to the European market. We present a new method to measure asset impairment, for both the company and the industry, based on a...

This paper evaluates the economic benefits to over-installing turbines on wind farm sites in order to capture more energy at low wind speeds. Although this implies curtailment at high wind speeds, we show that oversizing generation facilities can increase returns to investors and reduce system...