Abstract

While prior research has shown that new source bias has increased construction costs and delayed the building of new electric power plants, this research explores the empirical question of whether increased operating costs caused by new source bias are larger than the cost savings of newer technology. If new sources do have higher operating costs, an incentive exists to utilize order plants more intensively. Statistical evidence of these differing utilization rates is found.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.