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The Billion-Dollar Coal Bailout Nobody Is Talking About: Self-Committing In Power Markets

May 28, 2019

Via: Forbes

Nearly two-thirds of the United States’ power plants operate in competitive wholesale markets. Market rules typically prescribe that only the cheapest set of resources may run—nowadays, those are often renewable energy resources. Despite a growing trend of coal losing on cost to renewables and natural gas, coal generation remains a dominant player in many of these markets.

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