EconPapers    
Economics at your fingertips  
 

Cost and environmental efficiency of U.S. electricity generation: Accounting for heterogeneous inputs and transportation costs

Benjamin Hampf

Energy, 2018, vol. 163, issue C, 932-941

Abstract: In this paper we conduct an empirical analysis of the environmental and economic performance of coal-fired power plants in the United States. Using nonparametric methods for efficiency analysis we propose a theoretical framework that builds upon the restrictions of mass balances for production possibilities and explicitly takes into account heterogeneous fuel quality and prices of the fuel input. This heterogeneity influences both the cost of the production and the emission of environmentally harmful pollutants. Moreover, we analyze how the incorporation of transportation costs influences the cost efficiency of the electricity generating units and quantify the trade-off between environmentally efficient and cost-minimizing production of electricity.

Keywords: Environmental efficiency; Cost minimization; Heterogeneous inputs; Mass balance; Transportation costs; Electricity generation; Nonparametric efficiency analysis (search for similar items in EconPapers)
JEL-codes: D24 L92 Q40 Q53 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544218317018
Full text for ScienceDirect subscribers only

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:eee:energy:v:163:y:2018:i:c:p:932-941

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-01-19
Handle: RePEc:eee:energy:v:163:y:2018:i:c:p:932-941