Seminars & webinars
12 December 2012

Fuel Prices, Emission Standards and Generation Costs for Coal vs. Natural Gas Power Plants


Where: Milan
Location:

Fondazione Eni Enrico Mattei
Corso Magenta 63
20123 Milan

***
Video-conference
at FEEM Venice

How to reach: Google map
Event's Timetable:


h. 14.30 Seminar

Information:

Seminars Office, seminars@feem.it

Speakers:

Lincoln Pratson, Division of Earth and Ocean Sciences - Duke University

Abstract

We find that pending federal emission standards more than low natural gas prices are promoting a shift from coal to natural gas as the dominant fuel for U.S. power generation. Similar to a number of recent studies, we show that low natural gas prices have made 9% of current coal capacity more expensive to run than a median-cost natural gas plant. However, we find that another 56% of coal capacity would become just as costly if the pending emission standards are enacted, a much higher fraction of economic vulnerability than has previously been reported. We also present a novel set of cost plots which show that coal plants would again become the dominant least-cost generation option should the ratio of natural gas to coal prices rise slightly to 1.8 from its current level of ~1.5. If the stricter emission standards are enforced, however, natural gas plants will remain cost competitive with a majority of coal plants even if natural gas becomes more than four times as expensive as coal.

Download file
Download PDF file
How to Reach

FEEM Newsletter

Subscribe to stay connected.

Your personal data will be processed by Fondazione Eni Enrico Mattei. – data Controller – with the aim of emailing the FEEM newsletter. The use of Your email address is necessary for the implementation of the newsletter service. You are invited to read the Privacy Policy in order to obtain additional information about the protection of Your rights.

This Website uses technical cookies and cookie analytics, as well as “third party” profiling cookies.
If you close this banner or you decide to continue navigating on this Website, you express consent to the use of cookies. If you need additional information or you wish to express selective choices on the use of cookies, please refer to the   Cookie PolicyI agree