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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 …
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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 …
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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 …
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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 … trade ows and investments in production and transport infrastructure until 2030. "COALMOD-World" is an equilibrium model …
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Coal is at the core of the debate about climate change mitigation policies, yet the internationalmarket for it is not … steam coal market that can be readily used toexplore implications of climate policies, but also to analyze market structure … illustrate the features ofthe model by analyzing to scenarios derived from the IEA World Energy Outlook (New Policies and450ppm …
Persistent link: https://www.econbiz.de/10011557827