Cost Structures for Fossil Fuel-Fired Electric Power Generation

Timothy J. Considine

The Energy Journal, 2000, vol. Volume21, issue Number 2, 83-104

Abstract: This paper estimates short- and long-run marginal production costs and returns to scale in electric power generation in the United States. We find substantial short-run diseconomies of scale at high output levels. A relatively large number of small and mid-sized firms have optimal capital stocks below actual levels. In contrast, several large firms have optimal capital stock targets, substantially above current levels. These disparities in actual and optimal capital' suggest a possible consolidation in the industry.

JEL-codes: F0 (search for similar items in EconPapers)
Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (23)

Downloads: (external link)
http://www.iaee.org/en/publications/ejarticle.aspx?id=1339 (text/html)
Access to full text is restricted to IAEE members and subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aen:journl:2000v21-02-a04

Ordering information: This journal article can be ordered from
http://www.iaee.org/en/publications/ejsearch.aspx

Access Statistics for this article

More articles in The Energy Journal from International Association for Energy Economics Contact information at EDIRC.
Bibliographic data for series maintained by David Williams ().