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Risk Analysis - An Economic Comparison Of Oil And Coal Power Plants, Mohammad M. Iranmanesh

Retrospective Theses and Dissertations

The demand for electric energy increases every year. However, due to recent changes in the U.S. energy supplies, a growing gas shortage forced suppliers to curtail deliveries of natural gas for power generation. Many utilities anticipating supply problems switched to burning more costly light distillate oil. Unfortunately the Arab boycott of 1973 and the following price increases for oil forced again utilities to seek a cheaper source of fuel, namely coal, as a substitute for oil. Even though the U.S. has abundant supply in coal, the use of coal in power generation was limited in the past because of a …