Fossil fuels : competition and elasticities

Author(s)
    • Wright, Charles M.
    • Richardson, Patricia O.
Bibliographic Information

Fossil fuels : competition and elasticities

Charles M. Wright and Patricia O. Richardson, editors

(Energy science, engineering and technology)(Energy policies, politics and prices series)

Nova Science, c2013

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

Energy supplies and prices are major economic factors in the United States, and energy markets are volatile and unpredictable. Thus, energy policy has been a recurring issue for Congress since the first major crisis in the 1970s. As an aid in policy making, this book presents a current and historical view of the supply and consumption of various forms of energy. This book analyses the competition between coal, natural gas and petroleum used for electricity generation by estimating what is referred to by economists as the elasticity of substitution among the fuels.

Table of Contents

  • Preface
  • Fuel Competition in Power Generation & Elasticities of Substitution
  • U.S. Fossil Fuel Resources: Terminology, Reporting, & Summary
  • U.S. Energy: Overview & Key Statistics
  • Displacing Coal with Generation From Existing Natural Gas-Fired Power Plants
  • Index.

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