We scrutinize the financial and environmental risk and its associated effect due to releasing carbon dioxide emissions. Carbon dioxide emission is one of the major greenhouse gases which mostly emit from coal-fired power plants. Various researchers suggested the non-linear optimization model...

We present a methodology to estimate fixed cost parameters relevant to the decision to operate, mothballor retire an open-cycle gas turbine (OCGT) using a dynamic discrete choice model, based on fuel andelectricity prices, as well as technical data and the operational status of OCGTs in the PJM...