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Steam coal exporters face increasing uncertainty about future coal demand and risks of asset stranding. Nevertheless …, new export-oriented coal mine projects are still brought forward. In this study, we use the coal sector model COALMOD …-World to assess the economic prospects of investments in the export-oriented steam coal sector, and in particular of coal mines …
Persistent link: https://www.econbiz.de/10013198425
Coal consumption and production have sharply declined in recent years in the U.S., despite political support. Reasons … are mostly unfavorable economic conditions for coal, including competition from natural gas and renewables in the power … sector, as well as an aging coal- fired power plant fleet. The U.S. Energy Information Administration as well as most models …
Persistent link: https://www.econbiz.de/10012242674
With its resource availability and the prospect of climate friendly technology, coal continues to play an important … role in the global energy sector. We develop a complementarity model of the international market for steam coal. We want to … equilibrium framework, we assume the steam coal exporters to maximize their profits by choosing the optimal quantity to sell to …
Persistent link: https://www.econbiz.de/10003779155
In this paper, we provide a comprehensive multivariate cointegration analysis of three parts of the steam coal value … chain - export, transport and import prices. The analysis is based on a rich dataset of international coal prices; in … particular, we combine data on steam coal prices with freight rates, covering the period December 2001 until August 2009 at …
Persistent link: https://www.econbiz.de/10003908306
Persistent link: https://www.econbiz.de/10009571901
Coal continues to be an important fuel in many countries' energy mix and, despite the climate change concerns, it is … evolution of the international market for steam coal, the coal type used for electricity generation. The main focus is on future …, formulated in the complementarity format. It includes all major steam coal exporting and importing countries and represents the …
Persistent link: https://www.econbiz.de/10009267818
production. Here, coal as both, the most abundant and the most emission-intensive fuel, plays a pivotal role. In this paper, I … employ a numerical model of the international steam coal market (COALMOD‐World) to examine two alternative supply …‐side policies: 1) a production subsidy reform introduced in major coal producing countries, in line with the G20 initiative to …
Persistent link: https://www.econbiz.de/10011526070
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