Research Papers

Stranded Investments, Assets and Costs
(Including the Nuclear Question)

2016 | 2008 | 2006 | 2003 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1981-1992



Mohl, Bill. "Economic Challenges of Nuclear Plants in Competitive Power Markets." Presentation to the Harvard Electricity Policy Group's 82nd Plenary Session. Washington, DC, March 10, 2016.

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California Energy Commission. Nuclear Power in California: 2007 Status Report. Prepared for the 2007 Integrated Energy Policy Report. October, 2007. 332 pages.

California Energy Commission. Nuclear Power in California: Status Report. Prepared for the 2005 Integrated Energy Policy Report. March, 2006. 198 pages.


Hemmingway, Roy. Independence of Regulatory Decisions in New Zealand. 30 November 2006. Presentation, 8 pages.


Deutch, John, et. al. (Interdisciplinary MIT Study). The Future of Nuclear Power. July 2003.


Barnett, Andy, Henry Thompson, Samuel Addy and Ijaz Ahmad (Economic Development Institute). Economic Impact of Retail Electric Competition in Alabama Auburn University. 1999. Paper, 8 pages.


Flaim, Theresa. The Evolution of Market and the Design of the Competitive Transition Charge (CTC). 8-9 October 1998. Paper, 20 pages.

Gale, Roger, Darrel Nash, Sophie Ras and Howard Shapar (Washington International Energy Group). A New Nuclear Consensus. October 1998. Paper, 24 pages.

Bradford, Peter. Should Federal Legislation Create a Right to Stranded Cost Recovery? 21 May 1998. Presentation,
3 pages.

Forbes, Christina. Stranded Cost Recovery or How to Govern so as to Have Both Continuity and Change. 21 May 1998. Presentation, 4 pages.

Collins, Samuel. Presentation Outline: In Preparation for the Workshop on Utility Restructuring and Nuclear Power. 24 April 1998. 4 pages.

Lochbaum, David. The Impact of Deregulation on Nuclear Plant Operations, Safety, and Public Accountability Workshop on Utility Restructuring and Nuclear Power. 24 April 1998. Presentation, 10 pages.

McCoy, Paul. Nuclear Power in a Free Market; Workshop Agenda on Utility Restructuring and Nuclear Power.
24 April 1998. Presentation, 4 pages.

Taylor, John. Harvard Workshop: Responses to Several of the Proposed Questions. 20 April 1998. 4 pages.

Rothwell, Geoffrey. Air Pollution Fees and the Risk of Early Retirement at US Nuclear Power Plants. April 1998. Paper, 38 pages.


Bushnell, James and Steven Stoft. "Improving Private Incentives for Electric Grid Investment." Resource & Energy Economics. Vol. 19, No. 1-2, March, 1997.

Bradford, Peter. Perspective on Strandable Investment in the Electric Power Industry. Presentation Before the City Council of New Orleans. 9 October 1997. 6 pages.

Schwartz, David. Restructuring Independent Power Contracts. 25 September 1997. Presentation, 12 pages.

Adelberg, Arthur. NUG Contracts: Whose Assets? Whose Liabilities? Who's Left Holding the Bag? 25-26 September 1997. Presentation, 7 pages.


Tye, William and Frank Graves. The Economics of Negative Barriers to Entry: How to Recover Stranded Costs and Achieve Competition on Equal Terms in the Electric Utility Industry. 14 May 1996. Paper, 84 pages.

Resource Insight, Inc. Estimation of Market Value, Stranded Investment, and Restructuring Gains. 17 April 1996. Report, 40 pages.


PJM Legal Committee for the Members of PJM. Comments of the Members of the Pennsylvania-New Jersey-Maryland Interconnection in re FERC RM95-8-000. 7 August 1995.

Dellsy, Harlan. Nuclear Competition Draft. 26-27 January 1995. Presentation, 10 pages.

Selin, Ivan (US Nuclear Regulatory Commission). Remarks on Nuclear Power in a Competitive Market. 26 January 1995. 6 pages.


Energy Information Administration (EIA). World Nuclear Outlook: Operating and Maintenance Costs for Nuclear Power Plants in the United States. 1994. 13 pages.

Hempling, Scott, with K. Rose and R. Burns (National Regulatory Research Institute). The Regulatory Treatment of Embedded Costs Exceeding Market Prices: Transition to a Competitive Electric Generation Market. 7 November 1994. Paper, 18 pages.

Kahn, Alfred. Can Regulation and Competition Coexist? Solutions to the Stranded Cost Problem and Other Conundra. The Electricity Journal 7(8). October 1994. Article, 14 pages.

Stalon, Charles. Stranded Investment Costs: Desirable and Less Desirable Solutions. 15 June 1994. Presentation,
28 pages.

Flaim, Theresa. How Do You Estimate and Collect Transition Costs? 13 May 1994. Presentation, 11 pages.

Hogan, William. Stranded Assets and the Transition to Competition Draft. 12-13 May 1994. 28 pages.

Stelzer, Irwin. Stranded Investment: Who Pays the Bill? Remarks Delivered at Southeastern Electric Exchange.
30 March 1994. Remarks, 19 pages.

Hogan, William. Stranded Assets Memo. 4 February 1994. 2 pages.

Norton, Floyd and William Dudley. Federal-State Jurisdiction and Cost Recovery of Stranded Assets Draft. February 1994. 8 pages.

Anderson, John. Stranded Assets: Towards Analyzing the Options. Presented to the Harvard Electricity Policy Group. 7 January 1994. Presentation, 10 pages.

Anderson, Steven. Recent FERC Orders Concerning Stranded Investment Recovery in the Electric Utility Industry.
7 January 1994. 14 pages.

Graham, John. Transition Costs in the Electricity Market: Cost History and Cost Recovery Draft. 7 January 1994.
4 pages.


Flaim, Theresa. Methods of Handling Transition Costs for the Electric Utility Industry Draft. 9 December 1993. Presentation, 30 pages.

Graham, John. Potential Financial Exposure During Transition to a Competitive Environment Draft. 26 October 1993. Presentation, 10 pages.

Anderson, Steven, John Graham and William Hogan. Electricity Transition Costs Draft. 22 October 1993. 26 pages.


Kolbe, A. Lawrence, and William Tye. The Fair Allowed Rate of Return with Regulatory Risk Research in Law and Economics JAI Press. 1992: 129-169. 21 pages.

Cavanagh, Ralph. The Future of America's Electric Utilities: Reconciling Deregulation and Least-Cost Planning. The Electricity Journal. May 1991. 10 pages.

Gordon, Kenneth. Deregulation, Rights, and the Compensation of Losers MSU Public Utilities Papers: Economic Regulation Essays in Honor of James R. Nelson. 1981: 223-244. 12 pages.


Capacity Markets

Climate Change


Competitive Market Models and Transitions to Competition

Distributed Energy Resources

Electric Storage

Environment - Clean Air

EPAct and Predictions for the Future

FERC Rulings and Reports

Financial Markets

Financial Transmission Rights

Investment Incentives/Risk Allocation

Lessons from Abroad

Lessons from Other US Industries


Market Liquidity

Market "Manipulation"

Merchant Transmission

Mergers, Market Power and Anti-Trust

National Energy Policy

Natural Gas

Nuclear Power

PEV (Plug-in Electric Vehicles)

Public Power

Regional Transmission Organizations

Regulation, Governance and Judicial Review


Renewable Energy

Research and Development

Resource Adequacy

Retail Pricing

Scarcity Pricing


Smart Grid

Standard Market Design and Demand-Side Activities

State and Regional Activities

Stranded Benefits (Including Public Policy, Environment, DSM, IRP)

Stranded Investments, Assets, Costs (Including the Nuclear Question)

Technology Incentives

Transmission: Cost Allocation, Investment, and Planning

Wholesale and Retail Competition

Miscellaneous (Including Electricity Futures, Economic Principles, Financial Reform)