This paper explores the possibility of using voluntary carbon credits to retire coal-fired power plants early. It introduces carbon emission trading using the example of the substantial European emissions trading market. It presents recommendations for phasing out coal power plants and discusses...

Finding fuel sources to replace coal in power plants is crucial in the march toward decarbonization. Biomass and ammonia are two options offering significant potential. Both can be used with coal or alone in newly constructed facilities or in modified power plants. Relatively new power plants...

Climate policies can have adverse social and economic effects on affected citizens. Against this backdrop, understanding the conditions under which electoral support or backlash to such policies occurs is crucial. In this paper, I set out to shed light on this issue by empirically analysing the...

As the power sector is the largest GHG emitter, it is important to investigate the fuels used in this sector. In 2023, coal was the primary source of electricity supply, accounting for 35.9%. Natural gas came in second, representing 23%. Asia has the largest number of coal plants in operation,...

The transition toward carbon neutrality in China necessitates integrating more renewable energy sources (RES) into the power grid. However, a high share of RES can destabilize the grid, making it crucial to add clean, flexible power sources, such as battery energy storage systems (BESS) and...

Although coal plants in some countries are actively being retired ahead of their planned closure dates, there is yet to be sufficient clarity on which business model(s) might help to achieve this at scale. Policy-based and market-led closures, buyout of coal plants, auctioning them off,...

The world's over 3,800 coal-fired power plants are sources of substantial emissions of toxic air pollutants. This study explores people's unequal exposure to air pollution from these coal plants. It simulates the wind dispersion of pollutants originating from each coal power plant using the...

Decarbonising the power sector requires feasible strategies for the rapid phase-out of fossil fuels and the expansion of low-carbon sources. This study assesses the feasibility of plausible decarbonisation scenarios for the power sector in the Republic of Korea through 2050 and 2060. Our power...

The energy sector's position as the second-largest contributor to Indonesia's total emissions underscores a critical environmental challenge. This concern is further compounded by the substantial carbon footprint attributed to coal-based power plants. As a result, the energy sector has been...

The world's over 3,800 coal-fired power plants are sources of substantial emissions of toxic air pollutants. This study explores people's unequal exposure to air pollution from these coal plants. We simulate the wind dispersion of pollutants originating from each coal power plant using the...

Hundreds of power plants have closed in the United States since 2010, including 130+ gigawatts of coal and 50+ gigawatts of natural gas. In this paper, we highlight the potential for regulation to distort this type of exit decision. Using generator-level data from 2010-2023, we show that...

In this paper, we provide a theoretical characterization of the welfare effects of buyer and seller power in vertical relations and introduce an empirical approach for quantifying the contributions of each channel to deadweight loss. Our model accommodates both monopsony distortions from buyer...

Non-fossil energy increases the non-dispatchability of power system, requiring fossil-based technologies to provide back-up capacity as dispatchable source. In a coal-based economy like China, it is coal-fired units that act as back-up capacity. We show that increase of non-fossil energy...

Abstract Using the most recent dataset from 2013–2014 to 2017–2018, the study examines the efficiency of 75 coal-fired power plants in the Indian thermal power sector. The authors obtained robust estimates of efficiency scores by employing DEA-based classification invariance technique to...

We summarize the history of U.S. coal-fired plant retirements over the last decade, describe planned future retirements, and forecast the remaining operating life for every operating coal-fired generator. We summarize the technology and location trends that are correlated with the observed...

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...

While many studies have looked at innovation and adoption of technologies separately, the two processes are linked. Advances (and expected advances) in a single technology should affect both its adoption rate and the adoption of alternative technologies. Moreover, advances made abroad may affect...

Coal-fired power plants are among the biggest air polluters both in China and globally. In 2013, China launched a pilot project to switch its power plants from coal to natural gas to curb coal-fired plants’ detrimental effects on air quality. Debates about this policy mainly invoke the costs,...