Sources of productivity growth in the American coal industry
Author(s)
Ellerman, Thomas M.
Stoker, Thomas M.
Berndt, Ernst R.
Date Issued
1998
Publisher
MIT Center for Energy and Environmental Policy Research
Series/Report no.
MIT-CEEPR (Series) ; 98-004WP.
Abstract
This paper develops new techniques to assess the expanse of the geographic market under varying supply and demand conditions and applies these techniques to the current wholesale electricity market in the western United States. This paper finds that, by and large, the expanse of the geographic market extends across most of the western United States, but that conditions which create congestion along transmission lines, such as high hydroelectric flows in the Pacific Northwest, transmission line outages and deratings, and high demand for wholesale electricity, cause the expanse of the geographic market to narrow at certain times.
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