Stranded generation assets: Implications for European capacity mechanisms, energy markets and climate policy
An increasing number of recently built, high-efficiency combined-cycle gas turbine (CCGT) power plants, are being mothballed or prematurely closed across the European Union as profits from gas are eroded by decreased electricity demand, changing fuel prices and depressed carbon prices. This paper ex...
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| Format: | Working paper |
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Smith School of Enterprise and the Environment
2014
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