The value of transmission in electricity markets: Evidence from a nuclear power plant closure

Lucas W. Davis, Catherine Hausman, 16 June 2014



Just as free trade in goods offers opportunities for efficiency gains, electricity transmission infrastructure facilitates exchange in electricity markets. The first-order effects of geographic integration in electricity markets are straightforward – allocation of production across firms is improved, so lower cost generating resources can be used to meet demand.

Topics: Energy
Tags: electricity generation, electricity transmission, natural gas, nuclear power

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