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

Lucas W. Davis, Catherine Hausman, 16 June 2014

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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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