Regional price targets appropriate for advanced coal extraction. [Forecasting to 1985 and 2000; USA; Regional analysis]

Technical Report · Mon Dec 01 04:00:00 EST 1980

DOI:https://doi.org/10.2172/6752685· OSTI ID:6752685

Terasawa, K L; Whipple, D W

The object of the study is to provide a methodology for predicting coal prices in regional markets for the target time frames 1985 and 2000 that could subsequently be used to guide the development of an advanced coal extraction system. The model constructed for the study is a supply and demand model that focuses on underground mining, since the advanced technology is expected to be developed for these reserves by the target years. The supply side of the model is based on coal reserve data generated by Energy and Environmental Analysis, Inc. (EEA). Given this data and the cost of operating a mine (data from US Department of Energy and Bureau of Mines), the Minimum Acceptable Selling Price (MASP) is obtained. The MASP is defined as the smallest price that would induce the producer to bring the mine into production, and is sensitive to the current technology and to assumptions concerning miner productivity. Based on this information, market supply curves can then be generated. On the demand side of the model, demand by region is calculated based on an EEA methodology that emphasizes demand by electric utilities and demand by industry. The demand and supply curves are then used to obtain the price targets. This last step is accomplished by allocating the demands among the suppliers so that the combined cost of producing and transporting coal is minimized.

• Research Organization: Jet Propulsion Lab., Pasadena, CA (USA)
• DOE Contract Number: AI01-76ET12548
• OSTI ID: 6752685
• Report Number(s): DOE/ET/12548-2; JPL-PUB-80-91
• Country of Publication: United States
• Language: English

Related Subjects

01 COAL, LIGNITE, AND PEAT
012000 -- Coal
Lignite
& Peat-- Mining
015000* -- Coal
Lignite
& Peat-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294001 -- Energy Planning & Policy-- Coal
CALORIFIC VALUE
CARBONACEOUS MATERIALS
COAL
COAL DEPOSITS
COAL MINING
COAL RANK
COAL RESERVES
COMBUSTION PROPERTIES
COMPLIANCE
DATA
ECONOMIC ANALYSIS
ECONOMICS
ELECTRIC UTILITIES
ELEMENTS
ENERGY SOURCES
ENVIRONMENTAL IMPACTS
EQUIPMENT
FORECASTING
FOSSIL FUELS
FUELS
GEOLOGIC DEPOSITS
HAZARDS
HEALTH HAZARDS
INDUSTRIAL PLANTS
INFORMATION
LONGWALL MINING
MATERIALS
MATHEMATICAL MODELS
MINERAL RESOURCES
MINING
MINING EQUIPMENT
NONMETALS
NORTH AMERICA
NUMERICAL DATA
PRICES
PRODUCTIVITY
PUBLIC UTILITIES
QUANTITY RATIO
RECOVERY
REGIONAL ANALYSIS
RESERVES
RESOURCES
ROOM AND PILLAR MINING
SAFETY
SULFUR
SUPPLY AND DEMAND
TRANSPORT
UNDERGROUND MINING
USA