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 …

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 …

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 …

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 …

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 …

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 …

greenhouse gas emissions are increasing, although climate policy should lead to the opposite effect. The coal market is of … special relevance as coal is available in many countries and often their first choice to meet energy demand. In this paper we … assess possible interactions between climate policies and the global steam coal market. Possible market adjustments between …

Before 2004 South Africa was the dominant steam coal exporter to the European market. However a new market situation … that are inconsistent with the actions of rational profit-maximizing players. -- Atlantic coal market ; partial equilibrium …

.S. prices of the non-renewable energy resources crude oil, natural gas and bituminous coal. Our main contribution is to allow … persistence, whereas our findings are robust to the exact date of the structural break. Our analysis yields that coal and natural … 1970s. The findings suggest that especially the coal market has remained fundamentals-driven, whereas for the oil market …

In this paper we investigate the introduction of an export tax on steam coal levied by an individual country (Australia … consisting of an optimal policy problem at the upper level, and an equilibrium model of the international steam coal market … (based on COALMOD-World) at the lower level. We find that a unilaterally introduced Australian export tax on steam coal has …