Abstract
A variety of factors, some intended, some not, are increasingly putting the useful economic life of electric generating units at risk. Many of these units are large baseloaded coal-fired and nuclear plants that historically have been the crown jewels of utilities' resource portfolios. Their premature retirement and abandonment is challenging state regulators and policymakers who must deal with the potentially adverse economic consequences, including ratepayer impacts. This position paper recommends the appropriate regulatory treatment (including cost recovery) of the retirement and abandonment of uneconomic power plants. It also addresses how regulators should determine whether or not any plants are indeed uneconomic on a long-term, forward-cost basis.
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 callDisclaimer: 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.
