Destroying valuable power plants increases costs for Americans, even if those costs are hidden and the new power plants appear to some observers to be a sign of economic progress
Institute for Energy Research Economist Travis Fisher and Policy Associate Mark Febrizio penned an article for the September issue of USAEE Dialogue, a tri-annual publication of the United States Association for Energy Economics. The article, titled “Broken Windows and Electricity Generation: The Cost of Prematurely Closing Existing Plants,” analyzes economic tradeoffs in electricity generation policy, specifically looking at regulations that close existing power plants prematurely and replace them with new, politically-favored generation resources.