WorldWideScience

Sample records for rising coal prices

  1. Coal prices rise

    International Nuclear Information System (INIS)

    McLean, A.

    2001-01-01

    Coking and semi hard coking coal price agreements had been reached, but, strangely enough, the reaching of common ground on semi soft coking coal, ultra low volatile coal and thermal coal seemed some way off. More of this phenomenon later, but suffice to say that, traditionally, the semi soft and thermal coal prices have fallen into place as soon as the hard, or prime, coking coal prices have been determined. The rise and rise of the popularity of the ultra low volatile coals has seen demand for this type of coal grow almost exponentially. Perhaps one of the most interesting facets of the coking coal settlements announced to date is that the deals appear almost to have been preordained. The extraordinary thing is that the preordination has been at the prescience of the sellers. Traditionally, coking coal price fixing has been the prerogative of the Japanese Steel Mills (JSM) cartel (Nippon, NKK, Kawasaki, Kobe and Sumitomo) who presented a united front to a somewhat disorganised force of predominantly Australian and Canadian sellers. However, by the time JFY 2001 had come round, the rules of the game had changed

  2. 1988 coal price negotiation

    Energy Technology Data Exchange (ETDEWEB)

    Senmura, Akira

    1988-12-01

    In the negotiation on raw coal price for 1988, which began at the end of 1987, Australia requested price rise of 4 - 5 dollars for the reason of rise of Australian dollars, conditions of mines, price drop in the past five years, and world supply/demand of coal. Japan insisted to maintain the price of preceding year. The talk ended in a dead lock which could last a long time. Negotiation on the Canadian coal price also encountered difficulties but an agreement was obtained in March as Japan accepted the increased price. After which, Japan and Australia agreed to raise the price by 2.90 dollars and an increase over last year. Producing countries also requested a wide price rise as 7.50 dollars for general coal, making in this area very difficult to progress. Finally, they agreed to raise the price by 6.30 dollars and the electric power utility in Japan responded by importing of U.S. coal, which has a lower heat output but is also cheaper. It depends on Australia for 70% of coal supply but started to diversify the source. 3 tabs.

  3. Australian Coal Company Risk Factors: Coal and Oil Prices

    OpenAIRE

    M. Zahid Hasan; Ronald A. Ratti

    2014-01-01

    Examination of panel data on listed coal companies on the Australian exchange over January 1999 to February 2010 suggests that market return, interest rate premium, foreign exchange rate risk, and coal price returns are statistically significant in determining the excess return on coal companies’ stock. Coal price return and oil price return increases have statistically significant positive effects on coal company stock returns. A one per cent rise in coal price raises coal company returns ...

  4. Market, trading and coal price

    International Nuclear Information System (INIS)

    Muller, J.C.; Cornot-Gandolphe, S.; Labrunie, L.; Lemoine, St.; Vandijck, M.

    2006-01-01

    The coal world experienced a true upheaval in the past five years World coal consumption went up 28 % between 2000 and 2005, as a result of the strong growth in Chinese demand. The growth should continue in the coming years: electrical plant builders' orders are mainly for coal. The regained interest in coal is based on the constraints experienced by competing energies (increase in oil and natural gas prices, geopolitical uncertainties, supply difficulties) and by the abundant reserves of coal in the world and the competitiveness of its price. The strong growth in world coal demand comes with a change in rules governing steam coal trading. While long term bilateral agreements were most common until the late nineties, there has been a true revolution in coal marketing since 2000: spot contracts, stock exchange emergence and futures contracts, price indexes. In a few years, the steam coal market has become a true commodities market, overtaking many more goods. The price of coal has also gone through strong variations since 2003. Whereas the price had been stable for decades, in 2004 the strong increase in China' s demand for coal and iron ore resulting in transport shortage, caused a strong increase in CAF coal prices. Since then, prices have gone down, but remain higher than the Eighties and Nineties levels. In spite of the increase, coal remains available at more competitive prices than its competing energies. (authors)

  5. Rising prices squeeze gas marketer

    Energy Technology Data Exchange (ETDEWEB)

    Lunan, D.

    2000-06-19

    Apollo Gas, a Toronto-based gas marketer, is considering options to enhance unit holder value, including sale of its 21,000 gas supply contracts, just weeks after it was forced out of the Alberta market by rising gas prices. Although the company had reported first quarter revenues of more than $15 million and earnings through that period of about $2.1 million, increases of 33 per cent and 38 per cent respectively over the same period in 1999, the company is resigned to the fact that such performance markers are not likely to be reached again in the foreseeable future, hence the decision to sell. About 95 per cent of Apollo's current transportation service volumes are matched to existing fixed-price supply contract which are due to expire in November 2000. After that, it is about 75 per cent matched for the balance of the term of its customer contracts (mostly five years). This means that the company is exposed to market prices that are likely to continue to increase. If this prediction holds true, Apollo would be forced to purchase the unhedged volumes of gas it needs to service its customers in the spot market at prices higher than prices the company is charging to its customers.

  6. Rising prices squeeze gas marketer

    International Nuclear Information System (INIS)

    Lunan, D.

    2000-01-01

    Apollo Gas, a Toronto-based gas marketer, is considering options to enhance unit holder value, including sale of its 21,000 gas supply contracts, just weeks after it was forced out of the Alberta market by rising gas prices. Although the company had reported first quarter revenues of more than $15 million and earnings through that period of about $2.1 million, increases of 33 per cent and 38 per cent respectively over the same period in 1999, the company is resigned to the fact that such performance markers are not likely to be reached again in the foreseeable future, hence the decision to sell. About 95 per cent of Apollo's current transportation service volumes are matched to existing fixed-price supply contract which are due to expire in November 2000. After that, it is about 75 per cent matched for the balance of the term of its customer contracts (mostly five years). This means that the company is exposed to market prices that are likely to continue to increase. If this prediction holds true, Apollo would be forced to purchase the unhedged volumes of gas it needs to service its customers in the spot market at prices higher than prices the company is charging to its customers

  7. World coal prices and future energy demand

    International Nuclear Information System (INIS)

    Bennett, J.

    1992-01-01

    The Clean Air Act Amendments will create some important changes in the US domestic steam coal market, including price increases for compliance coal by the year 2000 and price decreases for high-sulfur coal. In the international market, there is likely to be a continuing oversupply which will put a damper on price increases. The paper examines several forecasts for domestic and international coal prices and notes a range of predictions for future oil prices

  8. Logistics: Price Rises Incurred by High Oil Price

    Institute of Scientific and Technical Information of China (English)

    Lai Zhihui

    2011-01-01

    @@ "When the oil price grows by 100%, the logistic indus-try will see a price growth of 40%, while the logistics in-dustry a price rise of 35%, which means every price increase of 5% in the oil price will bring along that of 2% in this industry." said Liu Zongsheng, General Manager of Itochu Logistics Co., Ltd., on the seminar "Focusing on the eco-nomic consequences of raising oil price, interest rate and deposit reserve ratio", which was held recently.

  9. The 1988 coal outlook: steadily rising consumption

    Energy Technology Data Exchange (ETDEWEB)

    Soras, C.G.; Stodden, J.R.

    1987-12-01

    Total coal use - domestic and foreign - will reach 910 million tons in 1988, an expansion of 1.3% from an estimated 898 million tons in 1987. The overall rise in consumption will add to inventory needs. Moreover, lower interest rates cut effective carrying costs and further encourage the holding of coal stocks by users. The results will be a gain in inventories of 3.5 tons by the end of 1988. As a result of all these factors, coal production is anticipated to rise by 11.6 million tons, or 1.2%, which projects firm markets in a time of relatively soft economic conditions in the USA. 2 tabs.

  10. Economic analysis of coal price-electricity price adjustment in China based on the CGE model

    International Nuclear Information System (INIS)

    He, Y.X.; Zhang, S.L.; Yang, L.Y.; Wang, Y.J.; Wang, J.

    2010-01-01

    In recent years, coal price has risen rapidly, which has also brought a sharp increase in the expenditures of thermal power plants in China. Meantime, the power production price and power retail price have not been adjusted accordingly and a large number of thermal power plants have incurred losses. The power industry is a key industry in the national economy. As such, a thorough analysis and evaluation of the economic influence of the electricity price should be conducted before electricity price adjustment is carried out. This paper analyses the influence of coal price adjustment on the electric power industry, and the influence of electricity price adjustment on the macroeconomy in China based on computable general equilibrium models. The conclusions are as follows: (1) a coal price increase causes a rise in the cost of the electric power industry, but the influence gradually descends with increase in coal price; and (2) an electricity price increase has an adverse influence on the total output, Gross Domestic Product (GDP), and the Consumer Price Index (CPI). Electricity price increases have a contractionary effect on economic development and, consequently, electricity price policy making must consequently consider all factors to minimize their adverse influence.

  11. Negotiation of coal price in 1987

    Energy Technology Data Exchange (ETDEWEB)

    Chimura, Akira

    1987-12-01

    Price and amount of coking coal for the fiscal year 1987 was announced. Contracted coals were 5 types with Australia and 4 types with Canada by end Jan, 1987. Average price came down from 47.72 US dollar/t to 43.57, i.e., 4.15 US dollar/t price decline to the previous year. In addition, the number of the branded coal are negotiated with Australia is 23 cases, 5 brands with Canada, 1 with South Australia, 2 with USSR, and 3 with China. General trend of the price is as follows: Coking coal price is influenced by the decrease of the Japanese steel production as well as the world-wide surplus of coal, and all import prices have gone down except semi-caking coal of USA. Price level is very high in USA and Canada, but is low in Australia and others. Recently, strikes are frequent in South Africa and Canada; profit of coal mines is coming down; US dollar rate is sinking; contract quantity is shrinking; these give an estimate that both general coal and coking coal prices will not so easily go down further. (10 tabs)

  12. The economic consequences of oil price rise

    International Nuclear Information System (INIS)

    Lescaroux, Francois

    2006-05-01

    The author discusses the possible consequences of oil barrel price rise. First, he discusses the main results of analysis's which have been performed for thirty years regarding the impact of oil price on economical activity. He proposes interpretations of these studies and of their conclusions, and tries to draw lessons regarding effects which can be expected from the recent evolutions of energy markets

  13. Analysis of thermal coal pricing and the coal price distortion in China from the perspective of market forces

    International Nuclear Information System (INIS)

    Cui, Herui; Wei, Pengbang

    2017-01-01

    The price of thermal coal has always been the focus of the debate between coal mining industry and electric power industry. The thermal coal price is always lower than other same quality coal, and this phenomenon of thermal coal price distortion has been existing in China for a long time. The distortion coal price can not reflect the external cost and the resource scarcity of coal, which could result in environment deteriorating and inefficient resource allocation. This paper studied the phenomenon of thermal coal price distortion through economic theoretical modeling and empirical cointegration analysis from the perspective of market forces. The results show that thermal coal price is determined by electricity price, the prediction elasticity of a electricity enterprise, price elasticity of demand of electricity, the input prediction elasticity of a electricity enterprise and the price elasticity of supply of thermal coal. The main reason of coal price distortion is the unbalance market force of coal industry and thermal coal generation industry. The distortion rate of coal price is positively related to the market force of electric power industry and negatively related to the industrial concentration of coal industry. - Highlights: • This paper studied thermal coal pricing and the coal price distortion in China. • The main reason of coal price distortion is the unbalance market force. • Thermal coal price is also influenced by electricity price and price elasticity of demand of electricity. • The distortion rate of coal price is negatively related to the industrial concentration of coal industry.

  14. The economic consequences of rising oil prices

    International Nuclear Information System (INIS)

    Lescaroux, F.

    2006-05-01

    In the context of rising crude oil prices observed in the last five years, this paper attempts to shed light on the possible consequences of a costlier barrel. We shall begin with a brief presentation of the main results of the analyses conducted in the last 30 years, concerning the impact of energy prices on economic activity. We shall then interpret these analyses and their conclusions, and try to draw a number of lessons about the anticipated effects of the recent trend in energy prices. (author)

  15. The asymmetric effect of coal price on the China's macro economy using NARDL model

    Science.gov (United States)

    Hou, J. C.; Yang, M. C.

    2016-08-01

    The present work endeavors to explore the asymmetric effect of coal price on the China's macro economy by applying nonlinear autoregressive distributed lag (NARDL) model for the period of January 2005 to June 2015. The obtained results indicate that the coal price has a strong asymmetric effect on China's macro economy in the long-run. Namely one percent increase in coal price leads to 0.6194 percent of the China's macro economy increase; and while the coal price is reduces by 1 percent, the China's macro economy will decrease by 0.008 percent. These data indicate that when coal price rises, the effect on China's macro economy is far greater than the price decline. In the short-run, coal price fluctuation has a positive effect on the China's macro economy.

  16. Rise of oil prices and energy policy

    International Nuclear Information System (INIS)

    2005-01-01

    This document reprints the talk of the press conference given by D. de Villepin, French prime minister, on August 16, 2005 about the alarming rise of oil prices. In his talk, the prime minister explains the reasons of the crisis (increase of worldwide consumption, political tensions in the Middle East..) and presents the strategy and main trends of the French energy policy: re-launching of energy investments in petroleum refining capacities and in the nuclear domain (new generation of power plants), development of renewable energy sources and in particular biofuels, re-launching of the energy saving policy thanks to financial incentives and to the development of clean vehicles and mass transportation systems. In a second part, the prime minister presents his policy of retro-cession of petroleum tax profits to low income workers, and of charge abatement to professionals having an occupation strongly penalized by the rise of oil prices (truckers, farmers, fishermen, taxi drivers). (J.S.)

  17. Coal Price Forecasting and Structural Analysis in China

    Directory of Open Access Journals (Sweden)

    Xiaopeng Guo

    2016-01-01

    Full Text Available Coal plays an important role in China’s energy structure and its price has been continuously decreasing since the second half of 2012. Constant low price of coal affected the profits of coal enterprises and the coal use of its downstream firms; the precision of coal price provides a reference for these enterprises making their management strategy. Based on the historical data of coal price and related factors such as port stocks, sales volume, futures prices, Producer Price Index (PPI, and crude oil price rate from November 2013 to June 2016, this study aims to forecast coal price using vector autoregression (VAR model and portray the dynamic correlations between coal price and variables by the impulse response function and variance decomposition. Comparing predicted and actual values, the root mean square error (RMSE was small which indicated good precision of this model. Thus this short period prediction can help these enterprises make the right business decisions.

  18. Coal can fetch a better price

    International Nuclear Information System (INIS)

    Sinha, M.K.

    1995-01-01

    An attempt has been made in the article to locate grey areas in the present grading system, pricing policy and marketing strategy, with a view to find avenues for obtaining additional revenue for coal being marketed presently, which could also improve the satisfaction of the consumers and safeguard their future interest. (author). 5 tabs

  19. Forecasting European thermal coal spot prices

    Directory of Open Access Journals (Sweden)

    Alicja Krzemień

    2015-01-01

    Finally, in order to analyse the time series model performance a Generalized Regression Neural Network (GRNN was used and its performance compared against the whole AR(2 process. Empirical results obtained confirmed that there is no statistically significant difference between both methods. The GRNN analysis also allowed pointing out the main drivers that move the European Thermal Coal Spot prices: crude oil, USD/CNY change and supply side drivers.

  20. Fuel prices, emission standards, and generation costs for coal vs natural gas power plants.

    Science.gov (United States)

    Pratson, Lincoln F; Haerer, Drew; Patiño-Echeverri, Dalia

    2013-05-07

    Low natural gas prices and stricter, federal emission regulations are promoting a shift away from coal power plants and toward natural gas plants as the lowest-cost means of generating electricity in the United States. By estimating the cost of electricity generation (COE) for 304 coal and 358 natural gas plants, we show that the economic viability of 9% of current coal capacity is challenged by low natural gas prices, while another 56% would be challenged by the stricter emission regulations. Under the current regulations, coal plants would again become the dominant least-cost generation option should the ratio of average natural gas to coal prices (NG2CP) rise to 1.8 (it was 1.42 in February 2012). If the more stringent emission standards are enforced, however, natural gas plants would remain cost competitive with a majority of coal plants for NG2CPs up to 4.3.

  1. US export coal in the 1990s - price, volume and quality

    Energy Technology Data Exchange (ETDEWEB)

    Bennett, J

    1991-08-01

    This report examines the following: current US coal exports; the domestic steam coal market and the domestic coking coal market; transport of export coal; reserves, production and productivity; and export markets for US coal. The report concluded that from the mid-1990s, buyers of the leading US coal export brands will face steadily rising prices as a result of fundamental shifts in the US domestic market affecting those regions supplying the bulk of the country's exports. The coals at the forefront of these price rises will be low-sulphur steam coal and high-volatile coking coal. Districts 8 and 7, the region that produces most of these types of coal, will be called upon to expand production by 50 m short tons per year by the end of the decade. However, there will be little scope for further productivity gains and because of this, and the need for significant capital investment, mining costs will rise. Inland freight rates will also rise as barge companies and railroads seek to cover investments. 53 figs., 66 tabs.

  2. Price negotiation of coal to be loaded in 1989

    Energy Technology Data Exchange (ETDEWEB)

    Senmura, Akira (Institute of Energy Economics, Tokyo (Japan))

    1989-06-01

    The Institute of Energy Economics summarized the negotiated prices for coals to be loaded in 1989 for coke making coal and non coking coal. In order to suppress the price increase of coke making coal as low as possible, five iron making companies where Nippon Steel and Kawasaki Steel are the center, started to negotiate from US showing lower markup requirement and decided to increase the price from $1.65 to $2. They agreed to increase the price for Australian coal as follows: $3.5 for coke making coal, $5.5 for slightly coking coal, $4.5 for weakly coking coal and further they contracted with $3.5 markup and $3.5 markup for China and USSR coals from December, 1988 to March, 1989. The negotiation for non coking coal started from USSR similarly and agreed with $3 markup for USSR coal, $5.3 markup for South African coal, and $3.5 markup for Australian coal but the negotiation is performing to China coal on Australian basis. The Australian share for non coking coal is higher, that is, 70% and therefore Japanese power generating companies are promoting to import non coking coal from US for the competition. 5 tabs.

  3. The 1995 uranium spot market: Rising volume - rising prices

    International Nuclear Information System (INIS)

    Anon.

    1996-01-01

    1995 Uranium Spot Market volume increased by 7.8 million lbs U308 equivalent from 1994 levels to over 42.1 million lbs U308 equivalent the largest since 1991. This increased volume was accompanied by increased prices. The restricted market price rose by over $2.20/lb U308 from the January range of $9.75-$10.00 per lb U308 to the December range of $11.95-$12.25 per pound U308. The unrestricted market price rose by over $2.65/lb U308 from the January range of $7.15-$7.30 per lb U308 to the December range of $9.80-$10.15 per pound U308. Unrestricted prices rose at a relatively steady pace each month for the first half of the year and at a greater pace through the second half of the year, while restricted prices rose faster during the first half of the year and leveled out during the second half of the year. The result was a partial closure of the gap between restricted and unrestricted prices

  4. Rising natural gas and electricity prices in the Netherlands

    International Nuclear Information System (INIS)

    Roggen, M.

    2004-01-01

    In a free market, the price for electricity rises rather than falls. And as for the gas price, the consumer will be facing strong fluctuations. For that matter, it is only slightly connected with the liberalization of the market. An employee of Roland Berger Strategy Consultants has delved deeply into the matter, down to the euro [nl

  5. Pricing structures in US coal supply contracts

    Science.gov (United States)

    Kacker, Kanishka

    The subject of my dissertation is the study of coal procurement by electric utilities in the US over 2 decades, from 1979 to 2000. Energy markets are typically characterized by severe contracting problems. Buyers and sellers therefore employ various instruments, such as contract length or complex pricing arrangements, to restrict these problems. Relationship specific investment, wherein buyers make investments specific to their suppliers, has been advanced as a prominent explanation for contractual length. Investment decisions are however endogenous in length or pricing, making causal identification of the role of investment specificity difficult. In my first chapter, I attempt a resolution. I use the 1990 Clean Air Act Amendment as an exogenous shifter of the extent of relationship specific investment. A key feature of the Amendment's design helps me define a difference-in-difference model arguably free of the endogeneity issues discussed above. I find that the plants forced into switching - Phase I plants located in the US Midwest - are more likely to choose fixed price contracts than those that were not. Further they also write contracts of shorter terms, with the reduction being approximately 30%. Considerably little is known about the performance implications of contractual choices. These form the basis for Chapter 2. Here I find prices to be lower, by between 5% to 20% of the total transaction price, but the probability of renegotiation higher, under fixed price contracts than under escalator or cost-plus contracts. Contract choices appear consistent with a trade-off between establishing incentives ex-ante and lowering negotiation costs ex-post, with relationship specific investments in particular making such a trade-off compelling. Chapter 3 considers the regulatory environment these utilities were subject to. Both incentive based regulation as well as the restructuring of electricity generation are smaller in comparison to relationship specific investment

  6. The challenge for gas: get price-competitive with coal-fired electricity

    International Nuclear Information System (INIS)

    Gill, Len

    1999-01-01

    The challenge for the gas industry is to become price competitive with coal-fired electricity if it wants a larger share of the energy market. Returning to the issue of greater use of gas for electricity generation, the author points out that although electricity prices were rising they were still below the point where gas-fired electricity generation was viable. Copyright (1999) The Australian Gas Journal

  7. Coal price prospects and availability of coal in the U.K. power generation market

    International Nuclear Information System (INIS)

    Parker, M.J.

    1983-02-01

    The availability and cost of National Coal Board coal is discussed with respect to the CEGB's economic case for Sizewell B nuclear power station. It is concluded that an investment which depended for its viability on an early or rapid escalation in international coal prices, or upon this escalation continuing indefinitely into the future, would not be sound. (U.K.)

  8. Industry at odds over export coal prices

    International Nuclear Information System (INIS)

    Yarwood, Ken.

    1993-01-01

    The United Mine Workers' Union claims that Australia is not getting enough for its coal. Moreover, coal company executives argue that the open market policy was failing the industry and that the export customers were manipulating Australian producers. Consequently, the unions are calling for Federal Government intervention and support the establishment of a national coal authority to co-ordinate the marketing of coal and investment in the industry. ills

  9. Rise of energy price, rise of agricultural prices: what medium- and long-term relations and implications?

    International Nuclear Information System (INIS)

    Voituriez, T.

    2009-01-01

    We review in this study the different factors which have been presented by the scientific community as possible explanations of the sudden upsurge in commodity prices between 2006 and 2008. We examine whether scientific evidence validates any causal relationship, and particularly emphasize the role of explanatory variables underpinning the co-movement of energy and food price rises. Our aim is to provide an up-to-date understanding of food and energy market relationships, so as to better anticipate the possible changes in the evolution of prices in the coming years. (author)

  10. Rising energy prices and the economics of water in agriculture

    NARCIS (Netherlands)

    Zilberman, D.; Sproul, T.; Rajagopal, D.; Sexton, S.; Hellegers, P.J.G.J.

    2008-01-01

    Rising energy prices will alter water allocation and distribution. Water extraction and conveyance will become more costly and demand for hydroelectric power will grow. The higher cost of energy will substantially increase the cost of groundwater, whereas increasing demand for hydroelectric power

  11. Rise of energy prices: why and up to how much?

    International Nuclear Information System (INIS)

    Maillard, D.; Gonnot, F.M.

    2004-01-01

    This article is a presentation given by D. Maillard, general director of the general direction of energy and raw materials (DGEMP) of the French ministry of economy, finances and industry (Minefi), at the occasion of a colloquium held in Paris on December 8, 2004, and organised by the energy and development club. In his talk, D. Maillard explains the reasons of the rise of energy prices in 2004: international factors (volatility of the oil and gas markets) and European factors (liberalization and re-structuration of the electricity market, spot prices, increase of demand). (J.S.)

  12. Research on Double Price Regulations and Peak Shaving Reserve Mechanism in Coal-Electricity Supply Chain

    Directory of Open Access Journals (Sweden)

    Hongjun Peng

    2013-01-01

    Full Text Available The game models were used to study the mechanism of coal-electricity price conflict under conditions of double price regulations of coal and electricity. Based on this, the peak shaving reserve mechanism was designed to probe into the countermeasures against the coal-electricity price conflicts. The study revealed that in the boom seasons of coal demand, the initiatives of the coal enterprises to supply thermal coal and the electricity enterprises to order thermal coal are reduced under conditions of double price regulations. However, under the circumstances of coal price marketization, in the boom seasons of coal demand the thermal coal price may go up obviously, the initiatives of the coal enterprises to supply thermal coal are increased, and meanwhile the initiatives of the power enterprises to order thermal coal are decreased dramatically. The transportation capacity constraint of coal supply leads to the evident decrease of the initiatives of coal enterprises for the thermal coal supply. The mechanism of peak shaving reserve of thermal coal may not only reduce the price of coal market but also increase the enthusiasm of the power enterprises to order more thermal coal and the initiatives of the coal enterprises to supply more thermal coal.

  13. Rising natural gas prices : impacts on U.S. industries

    International Nuclear Information System (INIS)

    Henry, D.

    2005-01-01

    The impact of rising natural gas prices on the United States economy and domestic industries was examined in this PowerPoint presentation. Industry comments were solicited on the effects of natural gas prices on their business performance from 2000 to 2004 in order to collect data, and macroeconomic impacts were determined through the use of an inter-industry model. Results of the survey and subsequent model suggested that in 2000 and 2001, real gross domestic product (GDP) growth was depressed by 0.2 per cent because of higher natural gas prices. Between 2000 and 2004, the civilian workforce was lower by 489,000 jobs. It was determined that nitrogenous fertilizer manufacturing was the most gas intensive industry. The results indicated that higher natural gas prices were an additional burden on manufacturing industries, and that the economic performance of natural gas intensive industries was poor between 2000-2004. However, it was just as poor between 1997-2000, when gas prices were relatively low and stable. Natural gas intensive industries passed along price increases in their products to their downstream consumers. Despite job losses, wages in natural gas intensive industries were higher and grew faster than in the rest of the manufacturing industry in the 2000-2004 period. Although capital expenditures declined between 2000 to 2004, they declined more rapidly in the 1997-2000 period. There has been no evidence of a decline in international competitiveness of natural gas intensive industries. It was concluded that rising natural gas prices have had a significant impact on the growth of the economy and workforce. tabs., figs

  14. Influence of rising commodity prices on energy policy

    International Nuclear Information System (INIS)

    Keppo, I.J.

    2009-04-01

    During the past few years we have first witnessed a rapid increase in the prices of commodities and then later, as a consequence of the economic downturn, an even more drastic drop. Simultaneously with the commodity price increase, an increase in the investment costs of power plants was experienced. The rise in material costs was often stated as one of the reasons for this increase. In this study the relationship between commodity costs and energy prices is studied. A bottom-up approach is used for estimating what kind of an impact increased commodity prices alone could be expected to have on the investment costs on the one hand, and how increased energy prices may affect commodity production costs on the other. The results indicate that although the commodity production costs usually have a fairly large energy component, even high increases in commodity prices, and therefore raw material costs of power plant investments, can not explain the recently experienced hikes in power plant investment costs; a doubling of the costs of the main raw material flows could explain an investment cost increase of some 5-10%, depending on the power plant type. This would seem to indicate that other contributing factors, such as bottlenecks in the production of power plant components, may play an important role in the recent investment cost increase

  15. Oil Price Rise and the Great Recession of 2008

    Directory of Open Access Journals (Sweden)

    Mehdi Siamak MONADJEMI

    2017-02-01

    Full Text Available The financial crises of 2007-2008, caused wide-spread falling output and unemployment, in the affected countries and also globally. The severity of the recession was such that it was called the “Great Recession”. As a result of an increase in demand from China and India, at the same time, oil prices rose significantly. The empirical results from this study show that oil price changes negatively affected global growth rate in the 1970s but not in the 1990s and 2000s. These results suggest that the Great Recession in 2008 that initiated by the financial crises, was independent of a significant rise in oil prices.

  16. Steam coal trade: demand, supply and prices to 2020

    Energy Technology Data Exchange (ETDEWEB)

    1993-04-01

    This report on the international seaborne steam coal market was prepared using an electricity generation model developed for each coal-importing country, with the aid of WEFA Energy's power station database. The report contains chapters on: import demand forecasting methodology; orimulsion (environmental considerations and market potential); Scandinavia; North West Europe; British Isles; South West Europe; Eastern Europe; Eastern Mediterranean and North Africa; Asia; Latin America; North America; world steam coal demand summary; trade and price forecasting methodology; base case forecast; shipping rates; import demand; export supply and foreign exchange rates.

  17. China's coal price disturbances: Observations, explanations, and implications for global energy economies

    International Nuclear Information System (INIS)

    Yang, Chi-Jen; Xuan, Xiaowei; Jackson, Robert B.

    2012-01-01

    Since China decontrolled coal prices, its coal price has risen steadily and been unusually volatile. In 2011 in particular, high coal prices and capped electricity prices in China discouraged coal-fired power generation, triggering widespread power shortages. We suggest that these coal-price disturbances could be symptomatic of a major change in pricing dynamics of global fossil-fuel markets, with increasing correspondence between coal and oil prices globally. Historically, global coal prices have been more stable and lower than oil and natural gas prices on a per-heat basis. In recent years, however, coal prices have been increasingly volatile worldwide and have tracked other fossil fuel prices more closely. Meanwhile, the recent development of unconventional gas has substantially decoupled US natural gas and oil prices. Technically, low US natural gas prices, with potential fuel switching, could drive US domestic coal prices lower. However, this effect is unlikely to counteract the overall trend in increasing coal consumption globally. China's market size and unique, partially-controlled energy system make its reform agenda a key force in the global economy. Policymakers in the US, E.U. and elsewhere should monitor China's economic reform agenda to anticipate and respond to changes accompanying China's increasing importance in the global energy economy. - Highlights: ► Since China decontrolled its coal prices, the price of coal has risen steadily in China, accompanied by unusual volatility. ► Relatively high and volatile coal prices have triggered widespread power shortages in China. ► Coal and oil prices have already become, and continue to become, more closely linked globally. ► China's demand will likely drive up global coal prices and make them as volatile as that of other fossil fuels. ► Policymakers should monitor China's economic reform agenda to anticipate and respond to changes in the global energy economy.

  18. Brown coal prices for power industry in market economy conditions of transitional period

    International Nuclear Information System (INIS)

    Wagenknecht, J.

    1996-01-01

    Present Polish policy of brown coal prices creation is presented and criticized. Real coal prices, for the period 1993-1995 are given and compared with the prognosis. A new method of prices creation based on coal quality, described in detail, is proposed for transitional period. (A.S.). 2 figs, 3 tabs

  19. Defining geographic coal markets using price data and shipments data

    International Nuclear Information System (INIS)

    Waarell, Linda

    2005-01-01

    Given the importance of coal in world energy supply an analysis of the relevant geographic market is essential for consumers, producers, as well as for competition policy. The purpose of this paper is to define the relevant economic market for steam and coking coal, and to test the hypothesis of single world markets for these coal products. Methodologically the paper relies on two different tests for defining markets, using both shipments data and price data. The results from both methods point in the same direction. In the case of coking coal the results indicate that the market is essentially global in scope, and also that the market has become more integrated over time. The results for steam coal show that the market is more regional in scope, and there exist no clear tendencies of increased integration over time. One policy implication of the finding that the steam coal market is more regional in scope, and thus that the market boundary is smaller than if the market would have been international, is that a merger and acquisition in this market likely would have been of a more concern for antitrust authorities than the same activity on the coking coal market

  20. Coal pricing in China: Issues and reform strategy. World Bank discussion paper

    International Nuclear Information System (INIS)

    Albouy, Y.

    1991-01-01

    The study assesses the magnitude of coal price distortions left in place by the dual track pricing approach to price reform implemented by China in the 1980s; it examines the economic and financial costs of these distortions and identifies the potential winners and losers of pricing improvements. Finally the report outlines a strategy for gradual price adjustments and liberalization in the coal sector. (Copyright (c) 1991 The International Bank for Reconstruction and Development/The World Bank.)

  1. Paying the price: a cross-sectional survey of Australian socioeconomically disadvantaged smokers' responses to hypothetical cigarette price rises.

    Science.gov (United States)

    Guillaumier, Ashleigh; Bonevski, Billie; Paul, Christine; D'Este, Catherine; Doran, Christopher; Siahpush, Mohammad

    2014-03-01

    Increases in tobacco taxation can lead to reductions in tobacco consumption and prevalence of use across social groups. However, use of price-minimisation strategies to manage current and future tobacco use and the role of financial stress is less understood. This study aimed to measure the effect of cigarette price increases on price-minimisation strategy endorsement and financial stress among socioeconomically disadvantaged smokers. Community service organisation welfare recipients in NSW, Australia completed a touchscreen survey. Smoking history, financial stress, highest price to quit and responses to hypothetical cigarette price increases were assessed. Participants were 354 smokers (response rate = 79%). Most participants received income from a government pension (95%), earned price rises, significantly more participants endorsed trying to quit in response to the larger increase scenario (P price-minimisation strategies (e.g. switching to cheaper brands/products) were endorsed, but remained constant across hypothetical scenarios; level of financial stress appeared to have little influence. Smokers indicating they would not change their smoking in response to price rises had higher levels of nicotine dependence. Socially disadvantaged smokers endorsed numerous price-minimising strategies to maintain smoking at hypothetically increased costs. Larger cigarette price rises motivated more smokers to consider quitting, while price-resistant smokers appeared to have a more entrenched smoker status. © 2013 Australasian Professional Society on Alcohol and other Drugs.

  2. Features of the Asynchronous Correlation between the China Coal Price Index and Coal Mining Accidental Deaths

    Science.gov (United States)

    Huang, Yuecheng; Cheng, Wuyi; Luo, Sida; Luo, Yun; Ma, Chengchen; He, Tailin

    2016-01-01

    The features of the asynchronous correlation between accident indices and the factors that influence accidents can provide an effective reference for warnings of coal mining accidents. However, what are the features of this correlation? To answer this question, data from the China coal price index and the number of deaths from coal mining accidents were selected as the sample data. The fluctuation modes of the asynchronous correlation between the two data sets were defined according to the asynchronous correlation coefficients, symbolization, and sliding windows. We then built several directed and weighted network models, within which the fluctuation modes and the transformations between modes were represented by nodes and edges. Then, the features of the asynchronous correlation between these two variables could be studied from a perspective of network topology. We found that the correlation between the price index and the accidental deaths was asynchronous and fluctuating. Certain aspects, such as the key fluctuation modes, the subgroups characteristics, the transmission medium, the periodicity and transmission path length in the network, were analyzed by using complex network theory, analytical methods and spectral analysis method. These results provide a scientific reference for generating warnings for coal mining accidents based on economic indices. PMID:27902748

  3. Impacts of carbon pricing, brown coal availability and gas cost on Czech energy system up to 2050

    International Nuclear Information System (INIS)

    Rečka, L.; Ščasný, M.

    2016-01-01

    A dynamic partial equilibrium model, TIMES (​The Integrated MARKAL-EFOM System), is built to optimize the energy system in a post-transition European country, the Czech Republic. The impacts of overall nine scenarios on installed capacity, capital and fuel costs, air quality pollutant emission, emission of CO_2 and environmental and health damage are quantified for a period up to 2050. These scenarios are built around three different price sets of the EUA (EU allowance) to emit greenhouse gasses alongside a policy that retains the ban on brown coal mining in two Czech mines, a policy that will allow the re-opening of mining areas under this ban (i.e. within the territorial ecological limits), and a low natural gas price assumption. We found that the use of up until now dominant brown coal will be significantly reduced in each scenario, although reopening the coal mines will result in its smaller decline. With low EUA price, hard coal will become the dominant fuel in electricity generation, while nuclear will overtake this position with a 51% or even 65% share assuming the central price of EUA, or high EUA price, respectively. The low price of natural gas will result in an increasing gas share from an almost zero share recently up to about 42%. This stimulus does not however appear at all with low EUA price. Neither of these scenarios will achieve the renewable energy sources 2030 targets and only a high EUA price will lead to almost full de-carbonization of the Czech power system, with fossil fuels representing only 16% of the energy mix. The low EUA price will result in an increase in CO_2 emissions, whereas the high EUA price will reduce CO_2 emission by at least 81% compared to the 2015 reference level. Those scenarios that will result in CO_2 emission reduction will also generate ancillary benefits due to reduction in air quality emissions, on average over the entire period, at least at 38€ per t of avoided CO_2, whereas scenarios that will lead to CO_2

  4. Labor demand effects of rising electricity prices: Evidence for Germany

    International Nuclear Information System (INIS)

    Cox, Michael; Peichl, Andreas; Pestel, Nico; Siegloch, Sebastian

    2014-01-01

    Germany continues to play a pioneering role in replacing conventional power plants with renewable energy sources. While this might be beneficial with respect to environmental quality, it also implies increasing electricity prices. The extent to which this is associated with negative impacts on employment depends on the interrelationship between labor and electricity as input factors in the production process. In this paper, we estimate cross-price elasticities between electricity and heterogeneous labor for the German manufacturing sector. We use administrative linked employer–employee micro-data combined with information on sector-level electricity prices and usage over the period 2003–2007. We find positive, but small conditional cross-price elasticities of labor demand with respect to electricity prices, which means that electricity as an input factor can be replaced by labor to a limited extent when the production level is held constant. In the case of adjustable output, we find negative unconditional cross-price elasticities, implying that higher electricity prices lead to output reductions and to lower labor demand, with low- and high-skilled workers being affected more than medium-skilled. Resulting adverse distributional effects and potential overall job losses may pose challenges for policy-makers in securing public support for the German energy turnaround. - Highlights: • We estimate cross-price elasticities for electricity and labor in manufacturing. • We use linked employer–employee micro-data from Germany for 2003 to 2007. • We find a weak substitutability between electricity and labor for constant output. • We find complementarity between electricity and labor for adjustable output. • Low- and high-skilled workers are more affected than medium-skilled

  5. Rising gasoline prices increase new motorcycle sales and fatalities.

    Science.gov (United States)

    Zhu, He; Wilson, Fernando A; Stimpson, Jim P; Hilsenrath, Peter E

    2015-12-01

    We examined whether sales of new motorcycles was a mechanism to explain the relationship between motorcycle fatalities and gasoline prices. The data came from the Motorcycle Industry Council, Energy Information Administration and Fatality Analysis Reporting System for 1984-2009. Autoregressive integrated moving average (ARIMA) regressions estimated the effect of inflation-adjusted gasoline price on motorcycle sales and logistic regressions estimated odds ratios (ORs) between new and old motorcycle fatalities when gasoline prices increase. New motorcycle sales were positively correlated with gasoline prices (r = 0.78) and new motorcycle fatalities (r = 0.92). ARIMA analysis estimated that a US$1 increase in gasoline prices would result in 295,000 new motorcycle sales and, consequently, 233 new motorcycle fatalities. Compared to crashes on older motorcycle models, those on new motorcycles were more likely to be young riders, occur in the afternoon, in clear weather, with a large engine displacement, and without alcohol involvement. Riders on new motorcycles were more likely to be in fatal crashes relative to older motorcycles (OR 1.14, 95 % confidence interval (CI) 1.02-1.28) when gasoline prices increase. Our findings suggest that, in response to increasing gasoline prices, people tend to purchase new motorcycles, and this is accompanied with significantly increased crash risk. There are several policy mechanisms that can be used to lower the risk of motorcycle crash injuries through the mechanism of gas prices and motorcycle sales such as raising awareness of motorcycling risks, enhancing licensing and testing requirements, limiting motorcycle power-to-weight ratios for inexperienced riders, and developing mandatory training programs for new riders.

  6. The behaviour of Pacific metallurgical coal markets: the impact of Japan's acquisition strategy on market price

    Energy Technology Data Exchange (ETDEWEB)

    Koerner, R J [Queensland University, St. Lucia, Qld. (Australia). Graduate School of Management, Faculty of Commerce and Economics

    1993-03-01

    This paper examines whether some elements of Japan's resource acquisition strategies might have caused price and other distortions of market behaviour in the Pacific metallurgical coal trade. The industry chosen for investigation is that of steel manufacture, and the traded resources commodity examined is coking coal, which is the primary energy input for blast furnace iron making. Regression modelling studies to determine historic acquisition value and quality relationships for US, Australian and Canadian coals sold into the Japanese coking coal market are described. Departures from normal demand response behaviour to price competitiveness are also investigated. 3 figs., 3 tabs.

  7. The Rise of Food Prices and the Challenge of Development in Africa ...

    African Journals Online (AJOL)

    This article examines the rise of food prices and analyses the factors that contribute to price hikes and the overall implication in Africa's development. Africa is a conspicuous laggard among contemporary developing regions in the world. The continent bears the brunt of starvation, malnutrition, hunger and diseases that arise ...

  8. Studies on classifying Indian coals. Part II. A new system for grading and pricing

    Energy Technology Data Exchange (ETDEWEB)

    Tumuluri, S.G.; Shrikhande, S.K.; Rao, S.K.; Haque, R.

    1985-07-01

    The new system is self-complete through grading to pricing. It grades non-coking coal by moisture and ash contents. Coking coal is graded by GKLT coke type and ash content. Volatile matter content is used as a supporting indexer, where necessary. Through the grade data, a coal is evaluated into a single numeral which depicts the coaly matter content and its nature or effectiveness. This value, called effective coaly matter, is converted to a relative rupee value or price index/price. Pragmatics and versatility of the system are discussed.

  9. New approach to brown coal pricing using internal rate of return methodology

    International Nuclear Information System (INIS)

    Bejbl, Jan; Bemš, Julius; Králík, Tomáš; Starý, Oldřich; Vastl, Jaromír

    2014-01-01

    Highlights: • We showed that brown coal is the substitute for black coal only at the time of the investment decision. • We compiled the model used in a calculation of the economically justified price for the productive and extractive component. • The resulting economically justified price is on a par with the current black coal price. • The proposed methodological approach is applicable to solve similar tasks not only in the energy sector. - Abstract: Brown coal is one of the dominant local strategic raw materials in Europe, used, to a large extent, in the power-generating industry. The current situation, where the price of gas and electricity precludes the efficient use of gas sources, leads to the extraction of older sources, chiefly brown coal ones. In tandem with a turning away from nuclear power, brown coal is experiencing a renaissance and the issue of brown coal price setting is, and will be, relevant. This paper deals with a proposal of a new method for determining the base price, consisting of defining the reference fuel chain for electricity and heat production based on brown coal. It builds on the notion that the degree of risk of the involved parties should be reflected in the modified amount of revenue per capital invested. The resulting price is then an economically justified price which encourages a respect for the specific features of the market in question and set the base price of the commodity in a way that is acceptable for both the extractive and the productive components of the fuel chain

  10. Price negotiation on coal shipped in fiscal 1994. 1994 nendozumi no sekitan kakaku kosho ni tsuite

    Energy Technology Data Exchange (ETDEWEB)

    Chimura, A. (The Institute of Energy Economics, Tokyo (Japan))

    1994-07-01

    Price negotiation on metallurgical coal imported by Japan in fiscal 1994, which started in December 1993, came to a conclusion at once over nearly all brands of both countries of Australia and Canada, taking a conclusion of three brands of Canada on 24th of January as a turning point. The width of reduction in price was 3.85$ (7.81%) at heavy caking coal, 3.50$ (8.00%) at semi-caking coal, and 3.30$ (8.30%) at combined non- and slight caking coal. Reduction in steel production in Japan and abundance in coal production in the world produced this result. The conclusions mentioned above were followed by conclusions in negotiation on metallurgical coal of South Africa and China. Concerning steam coal, negotiation on an export/import treaty between China and Japan was concluded on 29th of March as the head of a series of steam coal shipped in fiscal 1994. The quantity was increased by 800 kton than in fiscal 1993, the price was reduced by 3.30$ or 3.20$ (9.2% or 9.4%). Negotiations on steam coal of Australia, Indonesia, and the Western U.S. were concluded after hard negotiations, although negotiation is being continued for South Africa steam coal. 1 fig., 7 tabs.

  11. Non-price competition in the regional high-rise construction market

    Directory of Open Access Journals (Sweden)

    Ganebnykh Elena

    2018-01-01

    Full Text Available The article analyzes the market of high-rise residential construction in the city of Kirov (Russia. A minimal significance of price factors has been revealed in the process of the market analysis. This suggests that a lower price does not guarantee an increase in consumer demand. Thus, factors of non-price competition are of great importance in the market in question. The expert survey has identified the factors of non-price competition which influence consumer perceptions. A perceptual map has been constructed on the basis of the identified factors by means of the factor analysis to determine the positioning of each high-rise building relative to the consumer requirements. None of the high-rise residential buildings in the market in question meets the consumers’ expectations of an “ideal facility”.

  12. Non-price competition in the regional high-rise construction market

    Science.gov (United States)

    Ganebnykh, Elena; Burtseva, Tatyana; Gurova, Ekaterina; Polyakova, Irina

    2018-03-01

    The article analyzes the market of high-rise residential construction in the city of Kirov (Russia). A minimal significance of price factors has been revealed in the process of the market analysis. This suggests that a lower price does not guarantee an increase in consumer demand. Thus, factors of non-price competition are of great importance in the market in question. The expert survey has identified the factors of non-price competition which influence consumer perceptions. A perceptual map has been constructed on the basis of the identified factors by means of the factor analysis to determine the positioning of each high-rise building relative to the consumer requirements. None of the high-rise residential buildings in the market in question meets the consumers' expectations of an "ideal facility".

  13. Will the Steam Coal Price Rebound under the New Economy Normalcy in China?

    Directory of Open Access Journals (Sweden)

    Xiaopeng Guo

    2016-09-01

    Full Text Available The steam coal price in China has been continuously decreasing since the second half of 2012. Constant low price of coal will accelerate the development of thermal power, cause more serious air pollution problems, and bring adverse influence to China’s energy reformation in the future. Therefore, analyzing the factors underlying the phenomenon of the decreasing steam coal price is significant. In this study, we first qualitatively analyze five main factors, namely, economy, supply, demand, substitutes, and port stocks. On the basis of the relationships among these five factors, we obtain the causality diagram and the system flow diagram of coal price for further quantitative research. Then, we conduct an empirical analysis using the system dynamics (SD method and determine the simulated price from 2012 to 2017. Finally, we discuss the running results and come to the conclusion that the steam coal price will continue to decrease under the combined actions of the five main factors and it will not rebound in the near future.

  14. Does climate policy make the EU economy more resilient to oil price rises? A CGE analysis

    International Nuclear Information System (INIS)

    Maisonnave, Hélène; Pycroft, Jonathan; Saveyn, Bert; Ciscar, Juan-Carlos

    2012-01-01

    The European Union has committed itself to reduce greenhouse gas (GHG) emissions by 20% in 2020 compared with 1990 levels. This paper investigates whether this policy has an additional benefit in terms of economic resilience by protecting the EU from the macroeconomic consequences due to an oil price rise. We use the GEM-E3 computable general equilibrium model to analyse the results of three scenarios. The first one refers to the impact of an increase in the oil price. The second scenario analyses the European climate policy and the third scenario analyses the oil price rise when the European climate policy is implemented. Unilateral EU climate policy implies a cost on the EU of around 1.0% of GDP. An oil price rise in the presence of EU climate policy does imply an additional cost on the EU of 1.5% of GDP (making a total loss of 2.5% of GDP), but this is less than the 2.2% of GDP that the EU would lose from the oil price rise in the absence of climate policy. This is evidence that even unilateral climate policy does offer some economic protection for the EU.

  15. The world coal market: supplies, prices, transport (Review)

    International Nuclear Information System (INIS)

    Drozdnik, I.D.; Kaftan, Yu.S.; Dolzhanskaya, Yu.B.

    1998-01-01

    The state of the world coal market in the period of 1994-1997 is reviewed, its long-term outlooks are presented. The major world coal exporters-Australia, Canada, China, Poland, Russia, the USA, SAR, and Ukraine are briefly characterized. It is pointed out that in the foreseeable future coal will retain its importance of a primary energy carrier along with petroleum and natural gas

  16. Gasoline Prices and Their Relationship to Rising Motorcycle Fatalities, 1990–2007

    Science.gov (United States)

    Stimpson, Jim P.; Hilsenrath, Peter E.

    2009-01-01

    Motor vehicle accidents are the leading cause of death among young adults. Although automobile fatalities have declined in recent years, motorcycle fatalities are rapidly increasing. The purpose of our research was to quantify the relationship between changing fuel prices and motorcycle fatalities. Our findings suggest that people increasingly rely on motorcycles to reduce their fuel costs in response to rising gasoline prices. We estimate that use of motorcycles and scooters instead of 4-wheeled vehicles results in over 1500 additional motorcycle fatalities annually for each dollar increase in gas prices. Motorcycle safety should receive more attention as a leading public health issue. PMID:19696374

  17. Coal

    International Nuclear Information System (INIS)

    Teissie, J.; Bourgogne, D. de; Bautin, F.

    2001-12-01

    Coal world production represents 3.5 billions of tons, plus 900 millions of tons of lignite. 50% of coal is used for power generation, 16% by steel making industry, 5% by cement plants, and 29% for space heating and by other industries like carbo-chemistry. Coal reserves are enormous, about 1000 billions of tons (i.e. 250 years of consumption with the present day rate) but their exploitation will be in competition with less costly and less polluting energy sources. This documents treats of all aspects of coal: origin, composition, calorific value, classification, resources, reserves, production, international trade, sectoral consumption, cost, retail price, safety aspects of coal mining, environmental impacts (solid and gaseous effluents), different technologies of coal-fired power plants and their relative efficiency, alternative solutions for the recovery of coal energy (fuel cells, liquefaction). (J.S.)

  18. Latest condition of the steam coal market and outlook for supply cost

    Energy Technology Data Exchange (ETDEWEB)

    Murase, A.

    1988-11-01

    The following factors affecting coal prices are identified: rises in the prices of fuels which compete with coal, especially petroleum; the supply cost of coal; coal supply and demand; the balance of power between sellers and buyers; and foreign exchange rates. Coal supply costs are discussed. 5 figs.

  19. Why rising U.S. gas demand may not hike prices in the 90s

    International Nuclear Information System (INIS)

    Adelman, M.A.

    1992-01-01

    This paper reports that it was widely believed after the 1986 U.S. natural gas price drop that prices had to rise steeply soon because at the low prices it did not pay to replace reserves. Lack of reserves would push the price back up. This forecast raised the value of reserves in the ground. It was a mistake. Reserves were replaced because the cost had dropped so sharply that it paid to replace them. This fact was hidden by the so-called finding cost per Mcf equivalent. This is expenditures on exploration plus development, for oil and gas together, divided by the reserve-additions of oil plus gas reduced to an equivalent, usually of 6:1 but sometimes a higher ratio

  20. Vehicle type choice under the influence of a tax reform and rising fuel prices

    DEFF Research Database (Denmark)

    Mabit, Stefan Lindhard

    2014-01-01

    change in new vehicle purchases toward more diesel vehicles and more fuel-efficient vehicles. The paper analyses to what extent a vehicle tax reform similar to the Danish 2007 reform may explain changes in purchasing behaviour. The paper investigates the effects of a tax reform, fuel price changes......, and technological development on vehicle type choice using a mixed logit model. The model allows a simulation of the effect of car price changes that resemble those induced by the tax reform. This effect is compared to the effects of fuel price changes and technology improvements. The simulations show...... that the effect of the tax reform on fuel efficiency is similar to the effect of rising fuel prices while the effect of technological development is much larger. The conclusion is that while the tax reform appeared in the same year as a large increase in fuel efficiency, it seems likely that it only explains...

  1. The spot prices evolution for the coal at the second half-year 2003

    International Nuclear Information System (INIS)

    2004-04-01

    This document proposes an analysis of the prices increase on the coal world market since the beginning of the second half-year 2003. Many phenomena can explain this increase: supply problems in China, a poor availability of cargoes, an increase of the european importations for the electric power production, a high demand of the japanese power plants, social movements at the Kaltim Prima mine and uncertainties on the coal availability in Poland. (A.L.B.)

  2. Rising Prices of Targeted Oral Anticancer Medications and Associated Financial Burden on Medicare Beneficiaries.

    Science.gov (United States)

    Shih, Ya-Chen Tina; Xu, Ying; Liu, Lei; Smieliauskas, Fabrice

    2017-08-01

    Purpose The high cost of oncology drugs threatens the affordability of cancer care. Previous research identified drivers of price growth of targeted oral anticancer medications (TOAMs) in private insurance plans and projected the impact of closing the coverage gap in Medicare Part D in 2020. This study examined trends in TOAM prices and patient out-of-pocket (OOP) payments in Medicare Part D and estimated the actual effects on patient OOP payments of partial filling of the coverage gap by 2012. Methods Using SEER linked to Medicare Part D, 2007 to 2012, we identified patients who take TOAMs via National Drug Codes in Part D claims. We calculated total drug costs (prices) and OOP payments per patient per month and compared their rates of inflation with general health care prices. Results The study cohort included 42,111 patients who received TOAMs between 2007 and 2012. Although the general prescription drug consumer price index grew at 3% per year over 2007 to 2012, mean TOAM prices increased by nearly 12% per year, reaching $7,719 per patient per month in 2012. Prices increased over time for newly and previously launched TOAMs. Mean patient OOP payments dropped by 4% per year over the study period, with a 40% drop among patients with a high financial burden in 2011, when the coverage gap began to close. Conclusion Rising TOAM prices threaten the financial relief patients have begun to experience under closure of the coverage gap in Medicare Part D. Policymakers should explore methods of harnessing the surge of novel TOAMs to increase price competition for Medicare beneficiaries.

  3. Coal. [1987 and 1989

    Energy Technology Data Exchange (ETDEWEB)

    1988-06-01

    Despite increases in recently negotiated coal prices in US dollar terms, unit export returns for Australian coal are expected to rise only marginally in 1988-89 due to the anticipated appreciation of the Australian dollar. Australian coal production is expected to recover in 1988-89, after falling in 1987-88. A table summarising coal statistics in 1985-87 is presented. 2 figs., 1 tab.

  4. Effects of an oil price rise on inflation, output, and the exchange rate in the case of subsidization policy

    Energy Technology Data Exchange (ETDEWEB)

    Zandi, F R

    1982-01-01

    Since the Organization of Petroleum Exporting Countries raised the price of oil by 400% in 1974, the theory of supply inflation has received a great deal of attention. This study analyses the short and long run effects of an oil price rise on output, inflation, and the exchange rate. The study also analyses dynamic adjustments to the oil price rise in cases where oil-price subsidies are provided and where no subsidies are provided. In the no-subsidy case it is shown that the oil price rise can be inflationary or deflationary. The implications of the policy of subsidizing the price of oil is highlighted by taking account of a government budget constraint which in turn leads to the possibility of monetization as a source of financing the deficit, and thereby to higher output relative to the no subsidy case. As to the price level, the possibility is illustrated that subsidization can actually be more inflationary. The important element giving rise to the above possibility is the subsidy induced increase in the money supply. Exchange-rate flexibility is shown not to insulate the domestic price level against an oil price rise. In the long run the rate of inflation and exchange-rate variations are determined by the rate of growth of the money supply. The dynamic adjustment path of price and output is shown to be determined by the rate of adjustment of inflationary expectations.

  5. Buckets of money for coal

    International Nuclear Information System (INIS)

    Anon

    2001-01-01

    The revival of coal prices is providing record profits for Australian coal producers. As the world's largest coal exporter, any move in coal prices has significant ramifications for the Australian economy. The coal boom of the mid-1980s resulted in a massive increase in mine capacity and subsequently excess supply. This resulted in the decade between 1990 and 2000 seeing benchmark prices for coking coal in Japan plummeting to $US 39 a tonne (down from around the $US 52 mark) and a price of $US 28 for a tonne of steaming coal. Asia's financial problems, late in the decade coupled with a rapid fall in Asian steel making, also added to our coal export woes. As a result for most of the 1990s, Australia's coal sector delivered inadequate returns, was seen as over-capitalised and suffered from a profound investor indifference. But the sector is now seeing a definite turnaround in fortunes. Prices for thermal coal are on the rise and the benchmark coking coal prices to Asia have also jumped. Market analysts reported the price for contract deliveries of thermal coal in April this year were $US 34.50 ($AUD 69.35) up by $US 5.75 from the same time last year. The increased production is expected on the back of a continued rise in export demand, further improvement in prices, significant improvements in mine productivity, a weak Australian dollar and the probability of new projects and mine extensions going into operation. The improved returns have also flowed into rising valuations for listed coal miners. Over the last year, coal miners such as MIM and Gympie Gold, have delighted in share price gains of 12 per cent and 55 per cent respectively. These sort of performances are being repeated across the Australian industry

  6. Projection of coal prices in international turnover in comparison to other primary energy sources; Przewidywane ceny wegla w handlu miedzynarodowym w porownaniu z innymi nosnikami energii pierwotnej

    Energy Technology Data Exchange (ETDEWEB)

    Gawlik, L.; Grudzinski, Z. [Polish Academy of Sciences, Krakow (Poland). Mineral and Energy Economy Institute

    2004-07-01

    The paper looks at trends in both steam coal and coking coal prices up to the year 2000 and then compares the trends of coal with crude oil and natural gas for the years 1987-2001. It presents forecasts for fossil fuel prices up to the year 2015. Despite temporary fluctuation, prices of coal are predicted to remain relatively stable as far as 2030, with a slight tendency to grow. 11 refs., 6 figs., 1 tab.

  7. Study on the coal mixing ratio optimization for a power plant

    Science.gov (United States)

    Jin, Y. A.; Cheng, J. W.; Bai, Q.; Li, W. B.

    2017-12-01

    For coal-fired power plants, the application of blended coal combustion has been a great issue due to the shortage and rising prices of high-rank coal. This paper describes the optimization of blending methods between Xing'an lignite coal, Shaltala lignite coal, Ura lignite coal, and Inner Mongolia bituminous coal. The multi-objective decision-making method based on fuzzy mathematics was used to determine the optimal blending ratio to improve the power plant coal-fired economy.

  8. FY 1998 annual report on the survey on promotion of overseas coal importation bases. Prospects of future export prices of steam coal; 1998 nendo kaigaitan yunyu kiban seibi sokushin chosa. Ippantan yushutsu kakaku no kongo no tenbo

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-03-01

    This survey was conducted to analyze the future trends of export prices of steam coal and thereby to contribute to security of stable supply of coal by collecting overseas information from relevant organizations, e.g., history of coal futures transactions in USA, and backgrounds, trends and evaluation thereof; and correspondence of the Australia's government and coal industry to depressed coal prices, actual situations of the country's mining industry and coal production, and their opinions on coal transaction contracts. Australia is the most important and hence influential coal supplier for Japan, and the country's coal industry is now in shaky conditions of reorganization. Chapter 1 describes shift from benchmark transactions to individual negotiations to determine steam coal prices since FY 1998, Chapter 2 takes up trends of coal futures transactions the US markets are adopting, Chapter 3 analyzes trends of steam coal prices in Australia, and Chapter 4 prospects future trends of steam coal markets and prices in Australia. The future coal prices will fluctuate periodically, but will be generally subjected to downward pressure in the medium term. (NEDO)

  9. The rising price of oil: a window of opportunity for some Central American and Caribbean countries

    International Nuclear Information System (INIS)

    Lizardi, Carlos Guerrero de; Padilla-Perez, Ramon

    2010-11-01

    This research paper analyzes the direct impact of the rising price of oil on shipping costs of any product to any point in the United States from Central America, Mexico or the Dominican Republic (CAM-DR) versus products from Asia. First, the study provides a brief description of the commercial opening of the countries analyzed and the liberalization of their markets. Second, it analyzes the evolution of the competitiveness of selected countries in the U.S. import market. Third, the study presents an analysis for each product. The hypothesis of this study is that geographical distance will be increasingly key. It is recommended that enhance shipping procedures and time (transit and container stay) be enhanced by simplifying customs procedures and improving port infrastructure. By expanding and improving road and rail infrastructures, countries could reduce shipping costs within their own territories. Besides, to avoid significant gain or loss in market share, it is recommended that the current tariff gaps be maintained or better still, expanded. Furthermore, forming strategic alliances could help producers lower the prices of their exported manufactured products.

  10. Energy price slump and policy response in the coal-chemical industry district : a case study of Ordos with a system dynamics model

    OpenAIRE

    Wang, Delu; Ma, Gang; Song, Xuefeng; Liu, Yun

    2017-01-01

    We employ system dynamics method towards a coal-chemical industry district economy evolution model, using coal industry, the coal-chemical industry, their downstream industries, and the manufacture-related service industry. Moreover, we construct energy price and policy response scenarios based on Ordos’ management experience. The results show that the energy price slump had a negative impact on the overall economic development of the coal-chemical industry district, despite promoting non-res...

  11. Rise of energy price, rise of agricultural prices: what medium- and long-term relations and implications?; Hausse du prix de l'energie, hausse des prix agricoles: quelles relations et implications a moyen et long terme?

    Energy Technology Data Exchange (ETDEWEB)

    Voituriez, T.

    2009-07-01

    We review in this study the different factors which have been presented by the scientific community as possible explanations of the sudden upsurge in commodity prices between 2006 and 2008. We examine whether scientific evidence validates any causal relationship, and particularly emphasize the role of explanatory variables underpinning the co-movement of energy and food price rises. Our aim is to provide an up-to-date understanding of food and energy market relationships, so as to better anticipate the possible changes in the evolution of prices in the coming years. (author)

  12. Coal on the shovel. Choice for coal is choosing for expensive, scarce and unreliable

    International Nuclear Information System (INIS)

    2008-01-01

    Researchers of Peak oil warn about imminent worldwide coal shortages as of 2025. Countries that fully depend on coal import, such as the Netherlands, run great risks due to strongly rising prices and insecurity of supply. How large is the supply of extractable coal? How long will extraction and export continue undisturbed under increasing demand? What effect will this have on the coal price? The real data on supply, demand, price and export mainly tell a tale of unreliable reserves and high prices according to Greenpeace. [mk] [nl

  13. The True Cost of Coal. How people and the planet are paying the price for the world's dirtiest fuel

    International Nuclear Information System (INIS)

    Bjureby, Erika; Britten, Mareike; Cheng, Irish; Kazmierska, Marta; Mezak, Ernest; Munnik, Victor; Nandi, Jayashree; Pennington, Sara; Rochon, Emily; Schulz, Nina; Shahab, Nabiha; Vincent, Julien; Wei, Meng; Short, Rebecca

    2009-09-01

    Traditionally considered the cheapest fuel around, the market price for coal ignores its most significant impacts. These so-called 'external costs' manifests themselves as damages such as respiratory diseases, mining accidents, acid rain, smog pollution, reduced agricultural yields and climate change. The harm caused by mining and burning coal is not reflected in its price per ton or its costs for a kWh of electricity, but the world at large is nevertheless paying for it. This report seeks to answer the question: just how much are we paying?

  14. Impact analysis of coal-electricity pricing linkage scheme in China based on stochastic frontier cost function

    International Nuclear Information System (INIS)

    Li, Hong-Zhou; Tian, Xian-Liang; Zou, Tao

    2015-01-01

    Highlights: • This study evaluates the coal-electricity pricing linkage policy in China. • Six stochastic frontier cost models are used to estimate efficiency measures. • The coal-electricity pricing linkage scheme is a double-edged sword. • We suggest the threshold value of 5% or group specific. - Abstract: This study evaluates the feasibility and fairness of 2012 amendment to coal-electricity pricing linkage policy in China. Our empirical design is based on several stochastic frontier cost functions and the results show that the amended pricing linkage scheme is a double-edged sword as follows. On the one hand, it provides incentives for less-efficient (with efficiency less than 90%) power plants to increase their efficiency. One the other hand, it imposes a penalty to highly-efficient power plants (with efficiency more than 90%). And even worse, the higher the efficiency is, the bigger the penalty will be. To make the current coal-electricity pricing linkage scheme more feasible, we suggest the threshold value of 5 instead of 10%, and a group specific threshold value instead of the current one-size-for-all practice

  15. U.S., non-U.S. outlays to rise in '98, but oil price plunge clouds spending outlook

    International Nuclear Information System (INIS)

    Beck, R.J.

    1998-01-01

    Capital spending by oil and gas companies in and outside the US will rise in 1998, but that forecast may be jeopardized by the continuing plunge in oil prices. For operations in the US, oil and gas company capital spending is expected to move up in 1998 for the fourth year in a row. If the money is spent, it will be the highest industry investment level since 1985. Strong oil and gas prices and increased volumes have boosted company cash flow and profits the last few years, fueling increased spending. However, the near-term outlook has now been clouded by economic turmoil in a number of Asian countries and the recent collapse of oil prices. The paper discusses oil and gas prices, US upstream spending, US non-exploration and production spending, capital spending in Canada, and spending outside US and Canada

  16. The Advantages of nuclear power in the wake of the soaring prices of coal

    International Nuclear Information System (INIS)

    Tanabe, Toshinori

    2005-01-01

    The cost of coal fueled energy production is twice the cost of long-term nuclear power generation. The direct reason for this is the soaring price of coal, which has reached a height not attained in a quarter of a century. Like crude oil in countries such as China, it is expected to be short in supply and short in demand for some time coming. While many look to the development of new energy mechanisms such as solar energy panels and wind turbines, the increase in extreme weather brought about by changes in the global climate sheds doubt on the effectiveness of these methods. In the 21st century, as we witness great changes in our global environment and energy utilization, the advantages of nuclear power generation in terms of costs, global warming measures, and resource conservation are being increasingly recognized. Now is the time to capitalize on these advantages. Responsible explanations about the safety of nuclear power are needed in order to restore the people's trust in this resource. Meanwhile, we should push forward with those projects that have clearly demonstrated their safe utilization of nuclear reactor technologies. (author)

  17. Rapid fuel switching from coal to natural gas through effective carbon pricing

    Science.gov (United States)

    Wilson, I. A. Grant; Staffell, Iain

    2018-05-01

    Great Britain's overall carbon emissions fell by 6% in 2016, due to cleaner electricity production. This was not due to a surge in low-carbon nuclear or renewable sources; instead it was the much-overlooked impact of fuel switching from coal to natural gas generation. This Perspective considers the enabling conditions in Great Britain and the potential for rapid fuel switching in other coal-reliant countries. We find that spare generation and fuel supply-chain capacity must already exist for fuel switching to deliver rapid carbon savings, and to avoid further high-carbon infrastructure lock-in. More important is the political will to alter the marketplace and incentivize this switch, for example, through a stable and strong carbon price. With the right incentives, fuel switching in the power sector could rapidly achieve on the order of 1 GtCO2 saving per year worldwide (3% of global emissions), buying precious time to slow the growth in cumulative carbon emissions.

  18. U.S. regulators reject proposal to subsidize nuclear and coal power prices

    International Nuclear Information System (INIS)

    Kraemer, Jay R.

    2018-01-01

    On January 8, 2018, the U.S. Federal Energy Regulatory Commission (''FERC'') unanimously rejected a rulemaking proposed by Secretary of Energy Rick Perry designed to enable the owners of coal and nuclear power plants to charge higher prices for their output, and thereby to prevent further premature retirements of such plants. The FERC has exclusive authority, under the Federal Power Act, to establish rules for interstate wholesale sales of electricity. Although the FERC simultaneously initiated a new proceeding to consider how to enhance the resilience of electricity supply and delivery in the U.S., that proceeding seems unlikely to offer near-term relief to nuclear plants that are approaching closure due to their inability to compete economically both with facilities fueled by low-priced natural gas and with renewable power sources benefitting from favorable tax provisions. Accordingly, the American nuclear power industry will probably have to look elsewhere for relief from its present dire economic circumstances.

  19. The effect of rising food prices on food consumption: systematic review with meta-regression.

    Science.gov (United States)

    Green, Rosemary; Cornelsen, Laura; Dangour, Alan D; Turner, Rachel; Shankar, Bhavani; Mazzocchi, Mario; Smith, Richard D

    2013-06-17

    To quantify the relation between food prices and the demand for food with specific reference to national and household income levels. Systematic review with meta-regression. Online databases of peer reviewed and grey literature (ISI Web of Science, EconLit, PubMed, Medline, AgEcon, Agricola, Google, Google Scholar, IdeasREPEC, Eldis, USAID, United Nations Food and Agriculture Organization, World Bank, International Food Policy Research Institute), hand searched reference lists, and contact with authors. We included cross sectional, cohort, experimental, and quasi-experimental studies with English abstracts. Eligible studies used nationally representative data from 1990 onwards derived from national aggregate data sources, household surveys, or supermarket and home scanners. The primary outcome extracted from relevant papers was the quantification of the demand for foods in response to changes in food price (own price food elasticities). Descriptive and study design variables were extracted for use as covariates in analysis. We conducted meta-regressions to assess the effect of income levels between and within countries on the strength of the relation between food price and demand, and predicted price elasticities adjusted for differences across studies. 136 studies reporting 3495 own price food elasticities from 162 different countries were identified. Our models predict that increases in the price of all foods result in greater reductions in food consumption in poor countries: in low and high income countries, respectively, a 1% increase in the price of cereals results in reductions in consumption of 0.61% (95% confidence interval 0.56% to 0.66%) and 0.43% (0.36% to 0.48%), and a 1% increase in the price of meat results in reductions in consumption of 0.78% (0.73% to 0.83%) and 0.60% (0.54% to 0.66%). Within all countries, our models predict that poorer households will be the most adversely affected by increases in food prices. Changes in global food prices will

  20. Justification of directions of technological and price audit systems changes for the purpose of high-rise construction innovating

    Science.gov (United States)

    Rogacheva, Yana; Panenkov, Andrey; Petrikova, Zinaida; Nezhnikova, Ekaterina

    2018-03-01

    Improving the quality of high-rise buildings under modern conditions should be based not only on compliance with the norms of technical regulations, but also on ensuring energy efficiency, environmental friendliness, and intellectuality, which can be achieved only through the introduction of innovations at all stages of the life cycle of the investment project. Authors of this article justified the need for a mechanism of technological and price audit of projects. They also suggested the model of life cycle of organizational and economic changes, connected with implantation of the mechanism of projects audit. They showed innovation character of ecological high-rise construction for the whole life cycle. Authors also made proposals to change the audit system for high-rise construction projects in the focus of its environmental friendliness.

  1. Justification of directions of technological and price audit systems changes for the purpose of high-rise construction innovating

    Directory of Open Access Journals (Sweden)

    Rogacheva Yana

    2018-01-01

    Full Text Available Improving the quality of high-rise buildings under modern conditions should be based not only on compliance with the norms of technical regulations, but also on ensuring energy efficiency, environmental friendliness, and intellectuality, which can be achieved only through the introduction of innovations at all stages of the life cycle of the investment project. Authors of this article justified the need for a mechanism of technological and price audit of projects. They also suggested the model of life cycle of organizational and economic changes, connected with implantation of the mechanism of projects audit. They showed innovation character of ecological high-rise construction for the whole life cycle. Authors also made proposals to change the audit system for high-rise construction projects in the focus of its environmental friendliness.

  2. Coal geopolitics

    International Nuclear Information System (INIS)

    Giraud, P.N.; Suissa, A.; Coiffard, J.; Cretin, D.

    1991-01-01

    This book divided into seven chapters, describes coal economic cycle. Chapter one: coals definition; the principle characteristics and properties (origin, calorific power, international classification...) Chapter two: the international coal cycle: coal mining, exploration, coal reserves estimation, coal handling coal industry and environmental impacts. Chapter three: the world coal reserves. Chapter four: the consumptions, productions and trade. Chapter five: the international coal market (exporting mining companies; importing companies; distributors and spot market operators) chapter six: the international coal trade chapter seven: the coal price formation. 234 refs.; 94 figs. and tabs [fr

  3. Oil prices and the rise and fall of the U.S. real exchange rate

    International Nuclear Information System (INIS)

    Amano, R.A.; Norden, S. van.

    1993-12-01

    It is examined whether a link exists between oil price shocks and the U.S. real effective exchange rate. Data used for the study are described and their time series properties and the long-run explanatory power of oil prices for the real exchange rate are examined. Apparent causal relationships between exchange rates and oil prices are examined. An unrestricted error correction model is reduced until an error correction model with reasonable properties is derived. Results show that the two variables appear to be cointegrated and that causality runs from oil prices to the exchange rate and not vice-versa. The single equation error correction model linking these two variables is stable and captures much of the in- and out-of-sample movement in the exchange rate in dynamic simulation. Tests are presented to show that the error correction model has significant post-sample predictive ability for both the size and sign of changes in the real effective exchange rate. The results suggest that oil prices may have been the dominant source of persistant real exchange rate shocks over the post-Bretton Woods period and that energy prices may have important implications for future work on exchange rate behaviour. 61 refs., 3 figs., 7 tabs

  4. Australian retail electricity prices: Can we avoid repeating the rising trend of the past?

    International Nuclear Information System (INIS)

    Graham, Paul W.; Brinsmead, Thomas; Hatfield-Dodds, Steve

    2015-01-01

    After a stable or declining real trend that persisted for more than half a century, Australian retail electricity prices have experienced a substantial increase, in real terms, since 2007. This has mainly been driven by increases in the cost of electricity distribution and to a lesser degree in the cost of electricity generation. Reducing greenhouse gas emissions, which is a bipartisan political goal in Australia, will likely deliver further increases in generation costs due to the expected higher cost of low emission technology. Participating in global negotiations on emission reduction targets and designing efficient policy mechanisms have been a major focus of governments over the last several decades. In contrast, managing distribution system costs has received less attention. While there were a number of factors which drove historical increases in distribution costs, management of peak demand growth could help contain or reduce the extent to which consumers, particularly households, experience further increases in distribution costs. The paper demonstrates how different combinations of carbon price and peak demand scenarios could impact future residential and industrial retail electricity prices to 2050 and discusses some behavioural and technological solutions to manage peak demand and potential barriers to their deployment. - Highlights: • We identify the causes of the increase in Australian retail electricity prices. • We identify two sources of likely further cost pressures on electricity prices. • We estimate future retail electricity prices under five scenarios. • We discuss barriers and solutions to controlling peak demand growth.

  5. The economics of coal-fired power plants

    International Nuclear Information System (INIS)

    2008-10-01

    Coal-fired plants are the most polluting way to produce electricity due to their high CO2 emissions. But are they a good choice from an economic point of view? According to Greenpeace the answer is no: the price of coal is rising, construction costs are increasing and CO2 emissions will be priced. Nevertheless, E.On is developing plans for a new coal-fired plant at the Maasvlakte with the support of the Dutch government. [mk] [nl

  6. Economic efficiency of coal gasification in Poland in reference to the price of CO2 emission rights

    Directory of Open Access Journals (Sweden)

    Kopacz Michał

    2016-01-01

    Full Text Available The article presents the impact of prices of carbon dioxide on the economic efficiency of 14 coal gasification technologies employed for producing electricity, hydrogen and methanol measured with the use of NPV method. All technical, technological and economic assumptions in the assessment have been made for Polish conditions. The impact of CO2 prices were examined in the range of 30-200 PLN/Mg. The production capacity of the base technology corresponds with the fuel consumption of indicative coal having the calorific value of 20.5 GJ/Mg, used in the amount of 100 Mg/h. On the basis of the conducted research, with respect to all technical and economic assumptions, it can be stated that for the base scale there is a clear impact of prices of CO2 emission allowances above the 90 PLN/Mg CO2. Such a level of carbon dioxide prices makes the decision concerning construction of geological sequestration systems (CCS, carbon capture and storage worthwhile. This applies in particular to the production of electric energy. For the variants focused on hydrogen production there is a dominance of variants with CCS system only at the price exceeding 120 PLN/Mg CO2, and in the case of methanol such a situation occurs above 150 PLN/Mg CO2.

  7. U.S. Trade Deficit and the Impact of Rising Oil Prices

    National Research Council Canada - National Science Library

    Jackson, James K

    2008-01-01

    .... The fall in the cost of energy imports combined with the drop in import volumes as a result of the slowdown in economic activity has reversed the trend of rising energy imports costs and will sharply...

  8. As Food Prices Rise, Setting Menus Is Cause of Heartburn for Schools

    Science.gov (United States)

    Samuels, Christina A.

    2008-01-01

    With food and fuel prices increasing sharply, food and nutrition directors in school districts around the country are finding themselves facing some uncomfortable choices. In some districts, school lunch menus are being pared down to fewer selections, instead of the array of healthy options districts would like to offer. In other areas, canned and…

  9. 30 CFR 203.48 - Do I keep royalty relief if prices rise significantly?

    Science.gov (United States)

    2010-07-01

    ... and entirely less than 400 meters deep, on any date, $4.55 per MMBtu, adjusted annually after calendar... price is . . . (1) Partly or entirely less than 200 meters deep, before December 18, 2008, $10.15 per... meters deep, after December 18, 2008, $4.55 per MMBtu, adjusted annually after calendar year 2007 for...

  10. 30 CFR 203.36 - Do I keep royalty relief if prices rise significantly?

    Science.gov (United States)

    2010-07-01

    ... 200 meters deep and entirely less than 400 meters deep. (3) $4.08 per MMBtu (i) The first 20 BCF of... less than 400 meters of water, the $4.55 per MMBtu price threshold applies to the whole RSV (see... that is located in water partly or entirely less than 200 meters deep issued before December 18, 2008...

  11. Does Accessibility to the Central Business District (CBD Have an Impact on High-Rise Condominium Price Gradient in Kuala Lumpur, Malaysia?

    Directory of Open Access Journals (Sweden)

    Dziauddin Mohd Faris

    2016-01-01

    Full Text Available This paper uses a spatial econometric method known as Geographically Weighted Regression (GWR to investigate the impact of accessibility to the CBD on the high-rise condominium price gradient in Kuala Lumpur, Malaysia. Using a GWR method, after having controlled other factors, this study clearly reveal the impact of accessibility to the CBD on high-rise condominium varying prices across the study area, having a much larger positive impact in some areas but less and counterintuitive impact in others. In general, the results from this study show accessibility to the CBD measured by the travel times does affect high-rise condominium prices (high-rise condominium prices decrease as travel times to the CBD increase in most part of the areas, hence proved Alonso, Muth and Mills were still right.

  12. Costly energy : why oil and gas prices are rising and what we can do about it : a collection of progressive analysis and policy alternatives

    International Nuclear Information System (INIS)

    Klein, S.

    2001-02-01

    A collection of essays were presented to address the issue of rising oil and gas prices. This issue has significant social and environmental implications and the public wants to know what is driving prices up and who is profiting. The myth that gas taxes are driving price increases was dispelled. It was argued that price hikes are mainly due to crude oil price increases and to refining and marketing price increases. The link between rising prices and free trade was also emphasized. The North American Free Trade Agreement (NAFTA) tied Canada into a North American energy market in which U.S. demand sets prices in Canada. It was suggested that trade rules regarding energy should be changed. Other short and longer-term progressive policy alternatives were also presented in the second part of this report. One possible short-term policy response would be to tax windfall oil and gas profits and direct the resulting revenues to rebates for low-income households and for energy conservation initiatives. It was noted that the environmental benefit of rising prices is that it encourages conservation and improved fuel efficiency. The final part of this report discussed the issue of protecting electricity from deregulation and sited lessons learned from the deregulation of natural gas. 2 tabs., 4 figs

  13. Land use changes after the period commodities rising price in the Rio Grande do Sul State, Brazil

    Directory of Open Access Journals (Sweden)

    Vicente Celestino Pires Silveira

    Full Text Available ABSTRACT: At the end of the 20th and early 21st century, agricultural systems incorporated definitively a new mission: to generate goods for a world population that continues to grow and whose way of life demand food with low environmental impact. Soybean is the main raw material for the production of biodiesel in Brazil, accountably responsible for 82.4% of the total produced between 2006 and 2013. The Brazilian state of Rio Grande do Sul (RS, which is formed by the Pampa and the Atlantic forest biomes, was responsible for 35.7% of the country's biodiesel production in the referred period. The aim of this paper was to verify the impact of the increased area of soybean cultivation in land use in Rio Grande do Sul State, in the period between 1990 and 2015, considering separately its two biomes (Pampa and Atlantic Forest original areas, using both census dataset and satellite images. We used the period from 1990 to 2000 as before commodity rising price (BCRP and the period from 2000 to 2013 as commodity rising price (CRP. The 505,162 ha from Atlantic Forest biome and 1,192,115ha from Pampa biome were added to soybean production in the CRP period. In the Atlantic Forest, this enlargement occurred in the border of the main production area, while in Pampa biome conversion of natural grassland to crop land was the main reason for the large increment in the cultivated area.

  14. The Impact of the Rise in Vegetable Prices on Vegetable Producer Behavior–Based on the survey of vegetable producers in Jiayu, Hubei Province

    Directory of Open Access Journals (Sweden)

    Liu Pan

    2015-01-01

    Full Text Available In order to study the impact of the rise in prices of vegetables on vegetable producers, and to increase the revenue of vegetable producers, this paper does a survey by anonymous sampling questionnaire. Results shows that: most vegetable growers think that vegetable prices should rise and would continue to rise, and that vegetable prices would increase their revenue, thus in the coming year they would expand the planting scale of vegetable variety whose increase rate is the largest in this year. But because of the increase of logistics costs and production costs, some farmers benefit very little from the rising trend of vegetable prices. Most farmers expect too much in the trend estimation of the prices of vegetables and also lack of planning and forward-looking in production, thus the planting area of single variety is often decided by the market of previous year. According to analysis of the impact of the rise in vegetable prices on vegetable producer behavior, this paper gives the following suggestions to increase revenue of vegetable producers: change the mode of thinking, improve rural information platform, and increase capital investment for vegetable production base.

  15. Impacts of seaborne trade on coal importing countries: global summary

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-05-15

    In recent years, there has been a convergence of international trade with traditional domestic markets, with import increasing into many coal producing regions, the influence of trade on domestic markets has been twofold. Firstly, imported coal displaces domestic production, and in doing so, secondly international price trends may drive prices of what remains of the indigenous market for coal. While international trade does not provide any additional benefits in terms of reduced CO2 at a coal-fired power stations, importing coal provides many benefits, such as cost savings, improved coal quality, enhanced supply diversity, and often fills a gap which is left where domestic supply is unable to fulfil. This report examines the various factors that have led to rise in popularity of seaborne-traded coal, and seeks to discuss the future of domestically produced coal in some of the major coal markets of the world.

  16. Influence of gender roles and rising food prices on poor, pregnant women's eating and food provisioning practices in Dhaka, Bangladesh.

    Science.gov (United States)

    Levay, Adrienne V; Mumtaz, Zubia; Faiz Rashid, Sabina; Willows, Noreen

    2013-09-26

    Maternal malnutrition in Bangladesh is a persistent health issue and is the product of a number of complex factors, including adherence to food 'taboos' and a patriarchal gender order that limits women's mobility and decision-making. The recent global food price crisis is also negatively impacting poor pregnant women's access to food. It is believed that those who are most acutely affected by rising food prices are the urban poor. While there is an abundance of useful quantitative research centered on maternal nutrition and food insecurity measurements in Bangladesh, missing is an understanding of how food insecurity is experienced by people who are most vulnerable, the urban ultra-poor. In particular, little is known of the lived experience of food insecurity among pregnant women in this context. This research investigated these lived experiences by exploring food provisioning strategies of urban, ultra-poor, pregnant women. This knowledge is important as discussions surrounding the creation of new development goals are currently underway. Using a focused-ethnographic approach, household food provisioning experiences were explored. Data from participant observation, a focus group discussion and semi-structured interviews were collected in an urban slum in Dhaka, Bangladesh. Interviews were undertaken with 28 participants including 12 pregnant women and new mothers, two husbands, nine non-pregnant women, and five health care workers. The key findings are: 1) women were aware of the importance of good nutrition and demonstrated accurate, biomedically-based knowledge of healthy eating practices during pregnancy; 2) the normative gender rules that have traditionally constrained women's access to nutritional resources are relaxing in the urban setting; however 3) women are challenged in accessing adequate quality and quantities of food due to the increase in food prices at the market. Rising food prices and resultant food insecurity due to insufficient incomes are

  17. Bad weather for the IPCC: from Nobel price to affairs, rise and fall of climate experts

    International Nuclear Information System (INIS)

    Dubuis, E.

    2010-01-01

    The intergovernmental panel on climate change, IPCC, or GIEC in French, has become in 20 years one of the most influent organization in the world. Awarded by the Nobel price of peace in 2007, this expression of the United Nations has succeeded in setting the fight against global warming at the top of the international political agenda, in particular during the 2009 Copenhagen meeting. What are the keys of this success? The IPCC has announced a global warming with disastrous effects, where floods would combine with dryness periods, epidemics and other natural disasters. Such a dark picture cannot leave anyone indifferent and allows the IPCC to encourage the humanity to drastically change its consumption habits and limit its way of life. However, to raise such fears and ask for such sacrifices, an organization like the IPCC must be irreproachable. And here is the problem reported in this book: the IPCC has shown its weaknesses, has made mistakes, has used unappropriated methods and miscasting personnel, has been uncapable to explain the complexness of the climate question and has felt reticent about the recognition of its mistakes. Revealed between fall 2009 and winter 2010, these failures have shaken the credibility of the organization to such a point that the UN requested an expertise to judge its own experts. (J.S.)

  18. Survey report for fiscal 1999 on advanced exploitation of coal overseas. Survey of coal exploitation enhancement overseas (Coal industry's measures for persistent low coal price); 1999 nendo kaigaitan kaihatsu kodoka nado chosa. Kaigaitan kaihatsu sokushin chosa (sekitan kakaku teimeika ni okeru sekitan sangyo no taiosaku)

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Surveys were conducted of the trends of coal companies in the U.S. and Australia and of the lookout for new coal field development in Australia for the purpose of contributing to the stable supply of coal in the future. In the U.S., the coal industry has experienced serious changes in these ten years, and various corporations, such as Peabody, Arch Coal, CONSOL, and Kennecott have come to resort to drastic measures for their survival. In Australia, coal price is lower and contract terms are shorter with less demand for coal supply thanks to the economic crisis in Asia. As for demand for coal in Asia, on the other hand, it is deemed that in 2010 there will be a 41% increase over the 1995 level and that, therefore, coal field preservation and new field exploitation are necessary. Since production by strip mining in New South Wales State is to decrease in 2012 and after, it is expected that new projects will start only after 2012. Comprehensive development projects are going to be launched in the areas surrounding the Surat district, Queensland State, and therefore new projects will be easier to start in this region. Since the Surat coal is to be collected after a little stripping, it is expected that it will be able to compete with the Indonesian coal. (NEDO)

  19. The Effects of Rising Interest Rates on Electric Utility Stock Prices: Regulatory Considerations and Approaches

    Energy Technology Data Exchange (ETDEWEB)

    Kihm, Steve [Seventhwave, Madison, WI (United States); Satchwell, Andrew [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Cappers, Peter [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2017-07-26

    This technical brief identifies conditions under which utility regulators should consider implementing policy approaches that seek to mitigate negative outcomes due to an increase in interest rates. Interest rates are a key factor in determining a utility’s cost of equity and investors find value when returns exceed the cost of equity. Through historical observations of periods of rising and falling interest rates and application of a pro forma financial tool, we identify the key drivers of utility stock valuations and estimate the degree to which those valuations might be affected by increasing interest rates.3 We also analyze the efficacy of responses by utility regulators to mitigate potential negative financial impacts. We find that regulators have several possible approaches to mitigate a decline in value in an environment of increasing interest rates, though regulators must weigh the tradeoffs of improving investor value with potential increases in customer costs. Furthermore, the range of approaches reflects today’s many different electric utility regulatory models and regulatory responses to a decline in investor value will fit within state-specific models.

  20. Current developments on the coal and gas markets and their retroactive effects on the Merit Order

    International Nuclear Information System (INIS)

    Hecking, Harald; Cam, Eren; Schoenfisch, Max; Schulte, Simon

    2017-01-01

    Coal and gas continue to play a significant role in the European power generation system, especially in Germany. According to the AG energy balances, the share of hard coal in German gross electricity generation in 2016 was 17.2% and natural gas 12.4%. In addition to the CO 2 price, the prices for steam coal and natural gas are a key factor in determining which gas or coal power station is in Merit Order and whether it comes to a fuel switch. Declining gas prices have been rising sharply since the middle of 2016, and the volatile prices for steam coal have been rising. This article discusses the developments and factors responsible for these developments, which could be expected in the near future, and the implications for the gas-coal spread in the electricity market. [de

  1. The Steam Coal Market in 2016: the Supply Shock

    International Nuclear Information System (INIS)

    Cornot-Gandolphe, Sylvie

    2017-03-01

    Surprising coal markets: while the world coal demand is diminishing, the steam coal price doubled in 2016. After five years of uninterrupted price decline and a sluggish world demand, this strong price hike might appear as paradoxical. This paper explains the principal reasons for this situation. After five consecutive years of decline, international steam coal prices doubled in 2016. The main reason is not an increase in global coal consumption, which has been declining since 2014, including in 2016, but the tightening of supplies in the narrow international coal market. Policy changes in China have played a key role. To limit production over-capacity and halt the decline in domestic coal prices, the Chinese government has mandated a reduction in the number of working days in Chinese mines from 330 to 276. This decision has led to a fall in domestic production. Faced with rising coal demand in summer 2016, and surging domestic coal prices from end of June, China once again turned to the international market to cover its supply needs. It thus became again the world's largest coal importer, outpacing India. The increase in Chinese imports did not prevent Chinese demand from falling for the third consecutive year. On the supply side, after five years of declining prices, the export capacities of the main coal supplying countries have been reduced by mine closures, corporate bankruptcies and investment reductions in the sector. This led to the scissor effect observed in 2016, characterized by a sudden and unexpected increase in Chinese imports combined with a supply squeeze. Coal prices surged in the third quarter of 2016, before starting to decline. They have stabilized since December 2016, albeit at high levels. The decline could continue after winter 2016-17. The Chinese government intends to control the level of domestic coal prices to limit their impact on electricity prices and inflation. It has, therefore, relaxed its control on coal production, which has had

  2. Sellers to dominate price talks?

    International Nuclear Information System (INIS)

    McLean, A.

    2000-01-01

    The last decade has been a sad one for coal exporters with only two price increases going the sellers' way, one in 1995 and the other in 1996. True, the financial hardships imposed upon the miners have resulted in improvements in all aspects of the coal chain. Mine productivity as measured in tonnes of output per employee is up, while rail and port charges and even, albeit at more modest levels, government charges, are down. However there is a widespread viewpoint that this will be the year of the price rise and, potentially, a big one. The difference in the forthcoming coal negotiations with the Japanese buyers is that, this time, the tightness of the market, both in coking and thermal coal, is demand driven

  3. Dynamic Game Analysis of Coal Electricity Market Involving Multi-Interests

    Directory of Open Access Journals (Sweden)

    Yu Xiaobao

    2016-01-01

    Full Text Available The coal consumption of China reached 2.75 billion tons of standard coal in 2013, which accounted for 67.5% of total energy consumption and more than 50% of global coal consumption. Therefore, the impact of coal price is huge on coal market and even energy market in China. As a large consumer of coal, thermal power enterprise has a strong sensitivity to coal price. In order to balance the rising cost of enterprises due to coal price, we need to analyze the interests of multiple stakeholders. Firstly, this paper combined the Nash equilibrium and cobweb model and proposed the characteristics in different cobweb model. Then, for coal, power, and energy companies, the dynamic game analysis model is constructed. This model gives a game analysis in four scenarios and quantifies the decision of each stakeholder in different coal prices. Finally, the impact figure of different coal prices on each stakeholder has been drawn. The impacts of different coal or thermal power prices on different markets have been put forward, so relevant policy recommendations have been proposed combined with the cobweb model.

  4. Energy price slump and policy response in the coal-chemical industry district: A case study of Ordos with a system dynamics model

    International Nuclear Information System (INIS)

    Wang, Delu; Ma, Gang; Song, Xuefeng; Liu, Yun

    2017-01-01

    We employ system dynamics method towards a coal-chemical industry district economy evolution model, using coal industry, the coal-chemical industry, their downstream industries, and the manufacture-related service industry. Moreover, we construct energy price and policy response scenarios based on Ordos’ management experience. The results show that the energy price slump had a negative impact on the overall economic development of the coal-chemical industry district, despite promoting non-resource industries. Furthermore, policies had different effects on the industry's output value and profit. In the long-term, developing alternative industries (AI) helps increase the industrial output value and profit. Decreasing value added tax (VAT) has immediate results and a distinctive effect on industrial short-term production value and profit, its long-term effect being limited. The effect of production limit (PL) on industrial profit is stronger than output value, and financial support (FS) is more conducive to improve the latter. However, coal mining and coal-chemical loan increases decrease the gross industrial profit level. Technology innovation (TI) has the best individual policy overall effect on production value and profits. Furthermore, the simultaneous implementation of PL, TI and AI can generate the synergy effect for each of them. And the simultaneous implementation of VAT and one or couple of other policies will generate the crowding-out effect both for VAT and other policies. - Highlights: • A system dynamics model of the coal-chemical industry district economy evolution in Ordos is constructed. • The impact of coal and oil prices slump on the output value and profit of each industry is revealed. • The differences in the effects especially cumulative effects of different response policies are clarified. • The crowding-out and synergy effects of policy implementation are analyzed.

  5. The resilience of the Indian economy to rising oil prices as a validation test for a global energy-environment-economy CGE model

    International Nuclear Information System (INIS)

    Guivarch, C.; Hallegatte, St.; Crassous, R.

    2008-09-01

    This paper proposes to test the global hybrid computable general equilibrium model IMACLIM-R against macro-economic data. To do so, it compares the modeled and observed responses of the Indian economy to the rise of oil price during the 2003-2006 period. The objective is twofold: first, to disentangle the various mechanisms and policies at play in India's economy response to rising oil prices and, second, to validate our model as a tool capable of reproducing short-run statistical data. With default parametrization, the model predicts a significant decrease in the Indian growth rate that is not observed. However, this discrepancy is corrected if three additional mechanisms identified by the International Monetary Fund are introduced, namely the rise in exports of refined oil products, the imbalance of the trade balance allowed by large capital inflows, and the incomplete pass-through of the oil price increase to Indian customers. This work is a first step toward model validation, and provides interesting insights on the modeling methodology relevant to represent an economy's response to a shock, as well as on how short-term mechanisms - and policy action - can smooth the negative impacts of energy price shocks or climate policies. (authors)

  6. The resilience of the Indian economy to rising oil prices as a validation test for a global energy-environment-economy CGE model

    International Nuclear Information System (INIS)

    Guivarch, Celine; Hallegatte, Stephane; Crassous, Renaud

    2009-01-01

    This paper proposes to test the global hybrid computable general equilibrium model IMACLIM-R against macroeconomic data. To do so, it compares the modeled and observed responses of the Indian economy to the rise of oil price during the 2003-2006 period. The objective is twofold: first, to disentangle the various mechanisms and policies at play in India's economy response to rising oil prices and, second, to validate our model as a tool capable of reproducing short-run statistical data. With default parameterization, the model predicts a significant decrease in the Indian growth rate that is not observed. However, this discrepancy is corrected if three additional mechanisms identified by the International Monetary Fund are introduced, namely the rise in exports of refined oil products, the imbalance of the trade balance allowed by large capital inflows, and the incomplete pass-through of the oil price increase to Indian customers. This work is a first step toward model validation, and provides interesting insights on the modeling methodology relevant to represent an economy's response to a shock, as well as on how short-term mechanisms - and policy action - can smooth the negative impacts of energy price shocks or climate policies. (author)

  7. Costs and potentials of energy conservation in China's coal-fired power industry: A bottom-up approach considering price uncertainties

    International Nuclear Information System (INIS)

    Chen, Hao; Kang, Jia-Ning; Liao, Hua; Tang, Bao-Jun; Wei, Yi-Ming

    2017-01-01

    Energy conservation technologies in the coal-fired power sector are important solutions for the environmental pollution and climate change issues. However, a unified framework for estimating their costs and potentials is still needed due to the wide technology choices, especially considering their economic feasibility under fuel and carbon price uncertainties. Therefore, this study has employed a bottom-up approach to analyze the costs and potentials of 32 key technologies’ new promotions during the 13th Five-Year Plan period (2016–2020), which combines the conservation supply curve (CSC) approach and break-even analysis. Findings show that (1) these 32 technologies have a total coal conservation potential of 275.77 Mt with a cost of 238.82 billion yuan, and their break-even coal price is 866 yuan/ton. (2) steam-water circulation system has the largest energy conservation potential in the coal-fired power industry. (3) considering the co-benefits will facilitate these technologies’ promotions, because their break-even coal prices will decrease by 2.35 yuan/ton when the carbon prices increase by 1 yuan/ton. (4) discount rates have the largest impacts on the technologies’ cost-effectiveness, while the future generation level affect their energy conservation potentials most. - Highlights: • The 32 technologies can save 275.77 Mt coal with a cost of 238.82 billion yuan. • The steam-water circulation system has the largest energy conservation potential. • Considering the co-benefits will facilitate the technology promotions • Discount rates have the largest impacts on the technologies’ cost-effectiveness.

  8. Record coking coal settlements

    Energy Technology Data Exchange (ETDEWEB)

    Macdonald, C.

    2005-02-01

    The US$100/tonne psychological barrier in coking coal prices has been well and truly smashed. The article examines developments in coal pricing. It includes quotes from many senior executives in the coal industry as collected at McCloskey's Australian Coal.04 conference held in Sydney, 18-19 November 2004. 2 photos.

  9. Quantifying the impact of rising food prices on child mortality in India: a cross-district statistical analysis of the District Level Household Survey.

    Science.gov (United States)

    Fledderjohann, Jasmine; Vellakkal, Sukumar; Khan, Zaky; Ebrahim, Shah; Stuckler, David

    2016-04-01

    Rates of child malnutrition and mortality in India remain high. We tested the hypothesis that rising food prices are contributing to India's slow progress in improving childhood survival. Using rounds 2 and 3 (2002-08) of the Indian District Level Household Survey, we calculated neonatal, infant and under-five mortality rates in 364 districts, and merged these with district-level food price data from the National Sample Survey Office. Multivariate models were estimated, stratified into 27 less deprived states and territories and 8 deprived states ('Empowered Action Groups'). Between 2002 and 2008, the real price of food in India rose by 11.7%. A 1% increase in total food prices was associated with a 0.49% increase in neonatal (95% confidence interval (CI): 0.13% to 0.85%), but not infant or under-five mortality rates. Disaggregating by type of food and level of deprivation, in the eight deprived states, we found an elevation in neonatal mortality rates of 0.33% for each 1% increase in the price of meat (95% CI: 0.06% to 0.60%) and 0.10% for a 1% increase in dairy (95% CI: 0.01% to 0.20%). We also detected an adverse association of the price of dairy with infant (b = 0.09%; 95% CI: 0.01% to 0.16%) and under-five mortality rates (b = 0.10%; 95% CI: 0.03% to 0.17%). These associations were not detected in less deprived states and territories. Rising food prices, particularly of high-protein meat and dairy products, were associated with worse child mortality outcomes. These adverse associations were concentrated in the most deprived states. © The Author 2016. Published by Oxford University Press on behalf of the International Epidemiological Association.

  10. Coal marketing manual 1987

    Energy Technology Data Exchange (ETDEWEB)

    1987-01-01

    This manual provides information on the international coal market in tabulated format. Statistics are presented for the Australian coal industry, exports, currency movements, world coal production, coal and coke imports and exports. Detailed information is provided on the Australian coal industry including mine specific summaries. Pricing summaries for thermal and coking coal in 1987, coal quality standards and specifications, trends in coal prices and stocks. Imports and exports for World coal and coke, details of shipping, international ports and iron and steel production. An exporters index of Australian and overseas companies with industry and government contacts is included. 15 figs., 67 tabs.

  11. World coking coal markets

    International Nuclear Information System (INIS)

    McCloskey, G.

    2010-01-01

    This article discussed conditions in world coking coal markets. There is increased demand from Asia for metallurgical coal imports. World iron production was up 22 percent in first 7 months of 2010. Supply is up in Australia, the United States, Canada, New Zealand, Russia, and Mongolia, but the unexpected surge in supply caused prices to drop following a robust start to the year. Coking coal exports are up for the United States and Australia, but a delay in expanded production is expected until 2014. There is increased demand from Brazil, India, Taiwan, South Korea, and Japan as well as new plants in Thailand, Indonesia, and Brazil. Unexpectedly, Australia is backing out of the Chinese market but increasing exports to Japan and South Korea. India is seeing flat performance in iron production and imports, and the United States has surged back into Asia. A considerable increase is expected in the seaborne import requirement by 2020. Prices are expected to fall and then rise. This presentation also discussed whether coking coal index pricing is impossible or inevitable. 3 tabs., 5 figs.

  12. Coal contract cost reduction through resale of coal

    International Nuclear Information System (INIS)

    Simon, R.

    1990-01-01

    The weak coal market of the 1980's has enabled utilities and other users of coal to enjoy stable or falling prices for coal supplies. Falling prices for coal stimulated the renegotiation of numerous coal contracts in recent years, as buyers look to take advantage of lower fuel prices available in the marketplace. This paper examines the use of coal resale transactions as a means of reducing fuel costs, and analyzes the benefits and risks associated with such transactions

  13. The response of the Beijing carbon emissions allowance price (BJC) to macroeconomic and energy price indices

    International Nuclear Information System (INIS)

    Zeng, Shihong; Nan, Xin; Liu, Chao; Chen, Jiuying

    2017-01-01

    In 2013, China opened pilot carbon emission trading markets in seven provinces, where carbon emission allowances have now been traded for more than two years. In this paper, we employ a structural VAR model and the price of the Beijing carbon emission allowance to study the dynamic relationships among the price of the carbon emission allowance, economic development and the price of energy. This paper's data cover the period from April 2, 2014 to November 6, 2015. This paper provides information that will be helpful to both investors and governmental policy makers. The results show that (1) an increase of one standard deviation in the coal price leads to an initial increase of approximately 0.1% in the Beijing carbon price. After 2 days, there is a decrease of less than 0.1%, and the price gradually increases by approximately 0.1% after 30 days; (2) the price of the Beijing carbon emission allowance is mainly affected by its own historical price; (3) the Beijing carbon emission allowance price, crude oil price, natural gas price and economic development have positive – albeit non-significant – correlations. - Highlights: • This paper examines the response of the Beijing carbon emission allowance price. • A rise in coal prices will have different effects in different lag stages. • There are positive correlations between the BJC and economic development.

  14. Price

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    The price terms in wheeling contracts very substantially, reflecting the differing conditions affecting the parties contracting for the service. These terms differ in the manner in which rates are calculated, the formulas used, and the philosophy underlying the accord. For example, and EEI study found that firm wheeling rates ranged from 20 cents to $1.612 per kilowatt per month. Nonfirm rates ranged from .15 mills to 5.25 mills per kilowatt-hour. The focus in this chapter is on cost-based rates, reflecting the fact that the vast majority of existing contracts are based on rate designs reflecting embedded costs. This situation may change in the future, but, for now, this fact can't be ignored

  15. The effects of a rise in cigarette price on cigarette consumption, tobacco taxation revenues, and of smoking-related deaths in 28 EU countries-- applying threshold regression modelling

    Directory of Open Access Journals (Sweden)

    Chun-Yuan Yeh

    2017-09-01

    Full Text Available Abstract Background European Union public healthcare expenditure on treating smoking and attributable diseases is estimated at over €25bn annually. The reduction of tobacco consumption has thus become one of the major social policies of the EU. This study investigates the effects of price hikes on cigarette consumption, tobacco tax revenues and smoking-caused deaths in 28 EU countries. Methods Employing panel data for the years 2005 to 2014 from Euromonitor International, the World Bank and the World Health Organization, we used income as a threshold variable and applied threshold regression modelling to estimate the elasticity of cigarette prices and to simulate the effect of price fluctuations. Results The results showed that there was an income threshold effect on cigarette prices in the 28 EU countries that had a gross national income (GNI per capita lower than US$5418, with a maximum cigarette price elasticity of −1.227. The results of the simulated analysis showed that a rise of 10% in cigarette price would significantly reduce cigarette consumption as well the total death toll caused by smoking in all the observed countries, but would be most effective in Bulgaria and Romania, followed by Latvia and Poland. Additionally, an increase in the number of MPOWER tobacco control policies at the highest level of achievment would help reduce cigarette consumption. Conclusions It is recommended that all EU countries levy higher tobacco taxes to increase cigarette prices, and thus in effect reduce cigarette consumption. The subsequent increase in tobacco tax revenues would be instrumental in covering expenditures related to tobacco prevention and control programs.

  16. The effects of a rise in cigarette price on cigarette consumption, tobacco taxation revenues, and of smoking-related deaths in 28 EU countries-- applying threshold regression modelling.

    Science.gov (United States)

    Yeh, Chun-Yuan; Schafferer, Christian; Lee, Jie-Min; Ho, Li-Ming; Hsieh, Chi-Jung

    2017-09-21

    European Union public healthcare expenditure on treating smoking and attributable diseases is estimated at over €25bn annually. The reduction of tobacco consumption has thus become one of the major social policies of the EU. This study investigates the effects of price hikes on cigarette consumption, tobacco tax revenues and smoking-caused deaths in 28 EU countries. Employing panel data for the years 2005 to 2014 from Euromonitor International, the World Bank and the World Health Organization, we used income as a threshold variable and applied threshold regression modelling to estimate the elasticity of cigarette prices and to simulate the effect of price fluctuations. The results showed that there was an income threshold effect on cigarette prices in the 28 EU countries that had a gross national income (GNI) per capita lower than US$5418, with a maximum cigarette price elasticity of -1.227. The results of the simulated analysis showed that a rise of 10% in cigarette price would significantly reduce cigarette consumption as well the total death toll caused by smoking in all the observed countries, but would be most effective in Bulgaria and Romania, followed by Latvia and Poland. Additionally, an increase in the number of MPOWER tobacco control policies at the highest level of achievment would help reduce cigarette consumption. It is recommended that all EU countries levy higher tobacco taxes to increase cigarette prices, and thus in effect reduce cigarette consumption. The subsequent increase in tobacco tax revenues would be instrumental in covering expenditures related to tobacco prevention and control programs.

  17. Estimating the shadow prices of SO2 and NOx for U.S. coal power plants: A convex nonparametric least squares approach

    International Nuclear Information System (INIS)

    Mekaroonreung, Maethee; Johnson, Andrew L.

    2012-01-01

    Weak disposability between outputs and pollutants, defined as a simultaneous proportional reduction of both outputs and pollutants, assumes that pollutants are byproducts of the output generation process and that a firm can “freely dispose” of both by scaling down production levels, leaving some inputs idle. Based on the production axioms of monotonicity, convexity and weak disposability, we formulate a convex nonparametric least squares (CNLS) quadratic optimization problem to estimate a frontier production function assuming either a deterministic disturbance term consisting only of inefficiency, or a composite disturbance term composed of both inefficiency and noise. The suggested methodology extends the stochastic semi-nonparametric envelopment of data (StoNED) described in Kuosmanen and Kortelainen (2011). Applying the method to estimate the shadow prices of SO 2 and NO x generated by U.S. coal power plants, we conclude that the weak disposability StoNED method provides more consistent estimates of market prices. - Highlights: ► Develops methodology to estimate shadow prices for SO 2 and NO x in the U.S. coal power plants. ► Extends CNLS and StoNED methods to include the weak disposability assumption. ► Estimates the range of SO 2 and NO x shadow prices as 201–343 $/ton and 409–1352 $/ton. ► StoNED method provides more accurate estimates of shadow prices than deterministic frontier.

  18. Revisiting short-term price and volatility dynamics in day-ahead electricity markets with rising wind power

    International Nuclear Information System (INIS)

    Li, Yuanjing

    2015-01-01

    This paper revisits the short-term price and volatility dynamics in day-ahead electricity markets in consideration of an increasing share of wind power, using an example of the Nord Pool day-ahead market and the Danish wind generation. To do so, a GARCH process is applied, and market coupling and the counterbalance effect of hydropower in the Scandinavian countries are additionally accounted for. As results, we found that wind generation weakly dampens spot prices with an elasticity of 0.008 and also reduces price volatility with an elasticity of 0.02 in the Nordic day-ahead market. The results shed lights on the importance of market coupling and interactions between wind power and hydropower in the Nordic system through cross-border exchanges, which play an essential role in price stabilization. Additionally, an EGARCH specification confirms an asymmetric influence of the price innovations, whereby negative shocks produce larger volatility in the Nordic spot market. While considering heavy tails in error distributions can improve model fits significantly, the EGARCH model outperforms the GARCH model on forecast evaluations. (author)

  19. Coal industry annual 1997

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-12-01

    Coal Industry Annual 1997 provides comprehensive information about US coal production, number of mines, prices, productivity, employment, productive capacity, and recoverable reserves. US Coal production for 1997 and previous years is based on the annual survey EIA-7A, Coal Production Report. This report presents data on coal consumption, coal distribution, coal stocks, coal prices, and coal quality for Congress, Federal and State agencies, the coal industry, and the general public. Appendix A contains a compilation of coal statistics for the major coal-producing States. This report includes a national total coal consumption for nonutility power producers that are not in the manufacturing, agriculture, mining, construction, or commercial sectors. 14 figs., 145 tabs.

  20. Coal industry annual 1997

    International Nuclear Information System (INIS)

    1998-12-01

    Coal Industry Annual 1997 provides comprehensive information about US coal production, number of mines, prices, productivity, employment, productive capacity, and recoverable reserves. US Coal production for 1997 and previous years is based on the annual survey EIA-7A, Coal Production Report. This report presents data on coal consumption, coal distribution, coal stocks, coal prices, and coal quality for Congress, Federal and State agencies, the coal industry, and the general public. Appendix A contains a compilation of coal statistics for the major coal-producing States. This report includes a national total coal consumption for nonutility power producers that are not in the manufacturing, agriculture, mining, construction, or commercial sectors. 14 figs., 145 tabs

  1. Growing Chinese coal use: Dramatic resource and environmental implications

    International Nuclear Information System (INIS)

    Shealy, Malcolm; Dorian, James P.

    2010-01-01

    Chinese coal consumption continues to rise as the country's economy and industry expand. Coal is particularly critical for China's fast-growing power sector, generating about 80% of electricity output. Notwithstanding the importance of coal and electricity, many international forecasts today underestimate their rising use in China. This paper acknowledges the current world financial crisis and assumes that Chinese GDP growth to 2025 will not again approach double-digit levels. Using the scenario analysis, this paper demonstrates that even with conservative assumptions about Chinese GDP growth and income elasticity of electric demand to 2025, the country will likely experience much higher coal demand and emit much greater volumes of carbon dioxide than forecast by various international energy agencies. The paper also analyzes how China's domestic coal reserves may be threatened within two decades, possibly affecting long-term economic growth in China, as well as world coal prices.

  2. Anatomy of the Rise and Fall of a Price-Fixing Conspiracy: Auctions at Sotheby's and Christie's

    OpenAIRE

    Ashenfelter, Orley C; Graddy, Kathryn

    2004-01-01

    The Sotheby's/Christie's price-fixing scandal that ended in the public trial of Alfred Taubman provides a unique window on a number of key economic and antitrust policy issues related to the use of the auction system. The trial provided detailed evidence as to how the price fixing worked, and the economic conditions under which it was started and began to fall apart. The outcome of the case also provides evidence on the novel auction process used to choose the lead counsel for the civil settl...

  3. The two faces of coal : uncertainty the common prospect for metallurgical and thermal coal

    International Nuclear Information System (INIS)

    Zlotnikov, D.

    2010-01-01

    Although the methods of producing thermal and metallurgical coal are the same, metallurgical coal is destined to cross the world for steel manufacturing and thermal coal is destined for power plants close to where it was mined. This article discussed the factors influencing the price of these 2 coals. The production of thermal coal can remain steady during an economic crisis because coal-fired power plants generally provide low-cost-base-load electricity that remains stable during economic cycles. However, the demand for metallurgical coal is more volatile during an economic crisis because it is directly related to the demand for steel products in the construction and automotive industry, which are very sensitive to the state of the economy. There have been recent indications that Canada's export market for thermal coal is on the rise. In 2008, China became a net importer of coking coal. China's need for more coal to fuel its growing economy despite the global economic slowdown has meant that producers are diverting excess supply from European markets to China. Higher-end thermal coal offers low sulphur content and higher energy content, both desirable traits for power utilities facing strict emissions control. In addition to having huge reserves of very high-quality coal that is becoming increasingly important to China, Canada has the advantage of having the available transportation capacity in its west coast terminals and on its rail network. 3 figs.

  4. International coal and the future of nuclear power in the UK

    International Nuclear Information System (INIS)

    Parker, M.J.

    1987-01-01

    The future international price of coal is a central issue in the economic comparison of coal-fired and nuclear power stations. However, this is very difficult to estimate as prices are uncertain and subject to wide margins of error. Recent trends are discussed. The increase in the seaborne steam coal trade is one trend. Although only about 5% of steam coal is traded, this is mainly in the Far East and in Western Europe. It is steam coal prices which are relevant in considering nuclear economies. The structure of the international steam coal market is explained. An assessment of future prices of steam coal considers both demand and supply. The delivered cost of steam coal to N.W. Europe in 1986 is shown - the main suppliers being Australia, Colombia, South Africa and the USA. China and Poland are also exporters of steam coal. Currently, there is an over-supply which is keeping the price low. However, as demand increases prices are likely to rise in the 1990s but with upper limits depending on the total volume of trade. Thirteen graphs or maps illustrate the figures on which the discussion and conclusions are based. (UK)

  5. Gas and coal competition in the EU Power Sector

    International Nuclear Information System (INIS)

    Cornot-Gandolphe, Sylvie

    2014-06-01

    Despite its many assets, a confluence of factors - including flat electricity demand, rising use of renewable energy sources, falling wholesale electricity market prices, high gas prices relative to coal and low CO 2 prices - has eroded the competitiveness of natural gas in the EU power sector. The share of natural gas in the EU electricity mix has decreased from 23% in 2010 to 20.5% in 2012. By contrast, coal-fired power stations have been operating at high loads, increasing coal demand by the sector. This thorough analysis by CEDIGAZ of gas, coal and CO 2 dynamics in the context of rising renewables is indispensable to understand what is at stake in the EU power sector and how it will affect future European gas demand. Main findings of the report: - Coal is likely to retain its cost advantage into the coming decade: The relationship between coal, gas and CO 2 prices is a key determinant of the competition between gas and coal in the power sector and will remain the main driver of fuel switching. A supply glut on the international coal market (partly because of an inflow of US coal displaced by shale gas) has led to a sharp decline in coal prices while gas prices, still linked to oil prices to a significant degree, have increased by 42% since 2010. At the same time, CO 2 prices have collapsed, reinforcing coal competitiveness. Our analysis of future trends in coal, gas and CO 2 prices suggests that coal competitive advantage may well persist into the coming decade. - But coal renaissance may still be short-lived: Regulations on emissions of local pollutants, i.e. the Large Plant Combustion Directive (LCPD) and the Industrial Emissions Directive (IED) that will succeed it in 2016, will lead to the retirement of old, inefficient coal-fired power plants. Moreover, the rapid development of renewables, which so far had only impacted gas-fired power plants is starting to take its toll on hard coal plants' profitability. This trend is reinforced by regulation at EU or

  6. Global Coal Trade. From Tightness to Oversupply

    International Nuclear Information System (INIS)

    Cornot-Gandolphe, Sylvie

    2013-01-01

    Over the past four years, international coal trade has been reshaped by China's surging imports. China, which was still a net exporter in 2008, became the world's first coal importer in 2011, taking over the position that Japan has occupied for three decades. Its imports have continued their rising trend and reached a record level in 2012, despite the country's economic slowdown. China imported 289 million tons of coal in 2012, up 30% over 2011. It now accounts for 23% of global imports. Although China is the world's largest coal producer, several factors have contributed to the sudden rise in its imports, including the higher cost of domestic coal relative to international prices and bottlenecks in transporting domestic coal to south-eastern provinces. More recently, another event shook the international coal business: the United States have been back on the market. The collapse of U.S. gas prices, to $4/million Btu in 2011 and even $2.75/million Btu in 2012, linked with the 'shale gas revolution', has made coal uncompetitive in the electricity sector, its main outlet on the U.S. market. U.S. coal demand dropped 4% in 2011 and 11% in 2012. The reduction in domestic demand has forced U.S. miners to look for overseas outlets. Their exports surged by 31% in 2011 and 16% in 2012. They reached 112 million tons in 2012, more than twice the level of 2009. The United States, which almost disappeared from the international steam coal market in the 2000's, have regained a larger share of the total coal export market, 9% in 2012, against 6% in 2009. These developments, although not directly linked, have a huge impact on the global market and pricing of coal. Chinese imports have helped the market to quickly recover from its low level of 2008-2009. The speed and magnitude of China's coal imports even shifts the market from a sluggish to a tight situation. Prices started to rise after their collapse in the second half of 2008 caused by the economic and financial crisis

  7. Coal 1992

    Energy Technology Data Exchange (ETDEWEB)

    1992-01-01

    ACR's Coal 1992, the successor to the ACR Coal Marketing Manual, contains a comprehensive set of data on many aspects of the Australian coal industry for several years leading up to 1992. Tables and text give details of coal production and consumption in New South Wales, Queensland and other states. Statistics of the Australian export industry are complemented by those of South Africa, USA, New Zealand, Canada, Indonesia, China, Colombia, Poland and ex-USSR. Also listed are prices of Australian coking and non-coking coal, Australian coal stocks (and those of other major countries), loading port capacities, freight rates and coal quality requirements (analysis of coals by brand and supplier). A listing of Australian coal exporting companies is provided. A description of the spot Coal Screen Dealing System is given. World hard coal imports are listed by country and coal imports by major Asian countries tabulated. A forecast of demand by coal type and country up to the year 2000 is included.

  8. Coal industry annual 1996

    International Nuclear Information System (INIS)

    1997-11-01

    This report presents data on coal consumption, coal distribution, coal stocks, coal prices, and coal quality, and emissions for Congress, Federal and State agencies, the coal industry, and the general public. Appendix A contains a compilation of coal statistics for the major coal-producing States.This report does not include coal consumption data for nonutility power producers that are not in the manufacturing, agriculture, mining, construction, or commercial sectors. Consumption for nonutility power producers not included in this report is estimated to be 24 million short tons for 1996. 14 figs., 145 tabs

  9. Coal industry annual 1996

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-11-01

    This report presents data on coal consumption, coal distribution, coal stocks, coal prices, and coal quality, and emissions for Congress, Federal and State agencies, the coal industry, and the general public. Appendix A contains a compilation of coal statistics for the major coal-producing States.This report does not include coal consumption data for nonutility power producers that are not in the manufacturing, agriculture, mining, construction, or commercial sectors. Consumption for nonutility power producers not included in this report is estimated to be 24 million short tons for 1996. 14 figs., 145 tabs.

  10. Coal Industry Annual 1995

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1996-10-01

    This report presents data on coal consumption, coal distribution, coal stocks, coal prices, coal quality, and emissions for Congress, Federal and State agencies, the coal industry, and the general public. Appendix A contains a compilation of coal statistics for the major coal-producing States. This report does not include coal consumption data for nonutility power producers that are not in the manufacturing, agriculture, mining, construction, or commercial sectors. Consumption for nonutility power producers not included in this report is estimated to be 21 million short tons for 1995.

  11. Coal Industry Annual 1995

    International Nuclear Information System (INIS)

    1996-10-01

    This report presents data on coal consumption, coal distribution, coal stocks, coal prices, coal quality, and emissions for Congress, Federal and State agencies, the coal industry, and the general public. Appendix A contains a compilation of coal statistics for the major coal-producing States. This report does not include coal consumption data for nonutility power producers that are not in the manufacturing, agriculture, mining, construction, or commercial sectors. Consumption for nonutility power producers not included in this report is estimated to be 21 million short tons for 1995

  12. Energy prices and taxes

    International Nuclear Information System (INIS)

    2004-01-01

    Energy Prices and Taxes contains a major international compilation of energy prices at all market levels: import prices, industry prices and consumer prices. The statistics cover main petroleum products, gas, coal and electricity, giving for imported products an average price both for importing country and country of origin. Every issue includes full notes on sources and methods and a description of price mechanisms in each country

  13. The European Coal Market: Will Coal Survive the EC's Energy and Climate Policies?

    International Nuclear Information System (INIS)

    Cornot-Gandolphe, Sylvie

    2012-01-01

    conventional reserves of fossil fuels. Coal contributes to the economic activity and employment in the region. The EU mining industry employs 260,000 workers (direct jobs) and the turnover of the whole coal industry is estimated at Euros 25 billion a year. Coal prices, despite their rising trend in the past few years, are much lower than competing fuels: half the price of natural gas imported in Europe. As coal ensures safe, reliable, affordable and sustainable energy for all, it will be very much needed in the years to come. However, coal is proscribed in a CO 2 -free environment. Its combustion in thermal power plants - its main outlet in Europe - emits twice as much CO 2 as gas plants. Although a lot of R and D work is done to capture CO 2 emissions from coal plants and store it, no zero emission commercial plants have yet started operation. Several CCS projects have been delayed, or even cancelled, in the past few years due to regulatory uncertainties, a lack of funding and public opposition to CO 2 storage. The current European economic crisis and the large sovereign debts have also reduced public funding in CCS projects. The future of coal in Europe is therefore very uncertain. Will CCS development allows it to remain a fuel of choice, given large available reserves at low prices, compared with competing energy sources? Or will coal disappear from the European energy mix? How fast will the decline in European coal production be? This report looks at these issues and highlights some facts, trends and regulation that may affect the supply and demand of coal in the future. The analysis concentrates on steam coal used to generate electricity, since the power generation sector is by far the largest user of coal in Europe. The first part of this report looks at the European coal market region-wide. Chapter 1 describes the EU coal market in the global context. Chapter 2 analyses the significance of the European coal mining industry and its future after the end of state aid

  14. Outlook for the Australian coal market

    International Nuclear Information System (INIS)

    Anon.

    1990-01-01

    A shortage of bituminous coal is now being witnessed on the world market, which stems from an increase in demand for it. The prices for bituminous coal, which have been increasing since 1988, will continue to rise in 1990. World coal production in 1989/1990 has been estimated by the Australian Bureau of Mineral Resources at 3,370 million tons, which is 50 million tons more than in the preceding year. Australian experts predict a doubling in world demand for coal by 2025. Many Australian coal mining companies, counting on the increased demand in the future, are taking measures to consolidate production and strengthen their financial base in order to accelerate development of new fields or expand production at existing mines. It is expected that the highest rates of growth in demand will be for power coal. Because of increased world production of steel the demand for coking coal will also rise, but the rates of growth will be much lower than for power coal

  15. Influence of gender roles and rising food prices on poor, pregnant women’s eating and food provisioning practices in Dhaka, Bangladesh

    Science.gov (United States)

    2013-01-01

    Background Maternal malnutrition in Bangladesh is a persistent health issue and is the product of a number of complex factors, including adherence to food 'taboos’ and a patriarchal gender order that limits women’s mobility and decision-making. The recent global food price crisis is also negatively impacting poor pregnant women’s access to food. It is believed that those who are most acutely affected by rising food prices are the urban poor. While there is an abundance of useful quantitative research centered on maternal nutrition and food insecurity measurements in Bangladesh, missing is an understanding of how food insecurity is experienced by people who are most vulnerable, the urban ultra-poor. In particular, little is known of the lived experience of food insecurity among pregnant women in this context. This research investigated these lived experiences by exploring food provisioning strategies of urban, ultra-poor, pregnant women. This knowledge is important as discussions surrounding the creation of new development goals are currently underway. Methods Using a focused-ethnographic approach, household food provisioning experiences were explored. Data from participant observation, a focus group discussion and semi-structured interviews were collected in an urban slum in Dhaka, Bangladesh. Interviews were undertaken with 28 participants including 12 pregnant women and new mothers, two husbands, nine non-pregnant women, and five health care workers. Results The key findings are: 1) women were aware of the importance of good nutrition and demonstrated accurate, biomedically-based knowledge of healthy eating practices during pregnancy; 2) the normative gender rules that have traditionally constrained women’s access to nutritional resources are relaxing in the urban setting; however 3) women are challenged in accessing adequate quality and quantities of food due to the increase in food prices at the market. Conclusions Rising food prices and resultant food

  16. Coal - 96

    International Nuclear Information System (INIS)

    Sparre, C.

    1996-09-01

    The report deals mainly with coal consumption, but also gives some information about technology, environmental aspects and markets. Data have been collected by questionnaires or via telephone. The use of steam coal for heating was 0.8 Mtons (down 20% from 1994). Cogeneration plants were the main users. Taxes and environmental reasons cause a reduction of the coal use that will probably continue the next years. Use of steam coal in industry has been constant at a level of 0.7 Mtons. The import of metallurgical coal rests constant at a level of 1.6 Mtons. 1.2 Mtons of coke was produced, and 0.3 Mtons imported. The PFBC-plant at Vaertan, Stockholm used 0.13 Mtons of coal, while some coal fired power plants have been converted to peat and wood fuels. The average price of steam coal imported to Sweden in 1995 was 333 SEK/ton, 6% higher than in 1994. The contract prices for delivery 1996 are about the same as at the end of 1995. All cogeneration plants have some sort of SO 2 removal system, mostly wet-dry. The largest plant, at Vaesteraas, has recently invested in a SCR system for NO x removal. Most other plants are using low NO x burners or SNCR systems, based on ammonia or urea, which reduce the emissions 50 - 70%. Some statistic about the world coal market is also given in the report

  17. Exploring economically and environmentally viable northeastern US dairy farm strategies for coping with rising corn grain prices.

    Science.gov (United States)

    Ghebremichael, L T; Veith, T L; Cerosaletti, P E; Dewing, D E; Rotz, C A

    2009-08-01

    In 2008, corn grain prices rose $115/t of DM above the 2005 average. Such an increase creates tight marginal profits for small (profit losses by growing more corn silage and reducing corn grain purchases. This study applies the Integrated Farm Systems Model to 1 small and 1 medium-sized New York State dairy farm to predict 1) sediment and P loss impacts from expanding corn fields, 2) benefits of no-till or cover cropping on corn fields, and 3) alternatives to the economic challenge of the current farming system as the price ratio of milk to corn grain continues to decline. Based on the simulation results, expanding corn silage production by 3% of the cultivated farm area increased sediment and sediment-bound P losses by 41 and 18%, respectively. Implementing no-till controlled about 84% of the erosion and about 75% of the sediment-bound P that would have occurred from the conventionally tilled, expanded corn production scenario. Implementing a conventionally tilled cover crop with the conventionally tilled, expanded corn production scenario controlled both erosion and sediment-bound P, but to a lesser extent than no-till corn with no cover crop. However, annual farm net return using cover crops was slightly less than when using no-till. Increasing on-farm grass productivity while feeding cows a high-quality, high-forage diet and precise dietary P levels offered dual benefits: 1) improved farm profitability from reduced purchases of dietary protein and P supplements, and 2) decreased runoff P losses from reduced P-levels in applied manure. Moreover, alternatives such as growing additional small grains on marginal lands and increasing milk production levels demonstrated great potential in increasing farm profitability. Overall, it is crucial that conservation measures such as no-till and cover cropping be implemented on new or existing corn lands as these areas often pose the highest threat for P losses through runoff. Although alternatives that would likely provide

  18. The importance of coal in energy

    International Nuclear Information System (INIS)

    Onal, Guven

    2006-01-01

    An 87% of the total energy requirement of the world is supplied by fossil fuels such as coal, fuel oil, and natural gas, while the rest comes from the other sources, like hydroelectric and nuclear power plants. Coal, as a fuel oil equivalent, has the greatest reserves (70%) among the fossil fuels and is very commonly found in the world. While the share of coal in the production of electricity was 39% in 2004 it is expected to rise to 48% in 2020. In the direction of sustainable development, the utilization of coal in energy production is constantly increasing and related researches are continuing. Today, the development and economics of hybrid electricity production; gas, fluid fuel, and hydrogen production from coal are being investigated and their industrial applications are slowly emerging. The surprisingly sharp increase in fuel oil and natural gas prices proves the defectiveness of the energy strategies of Turkey in effect since the 1990. Turkey should turn to coal without wasting more time, accept the utilization of clean coal in energy production, and determine her road-map. Increasing the efficiency of thermal power plants which utilize coal; hybrid technology; and gas, fluid fuel, and hydrogen production technologies from coal are investigated in this paper and suggestions are made.

  19. Coal, the metamorphoses of an industry. The new geopolitics of the 21. century

    International Nuclear Information System (INIS)

    Martin-Amouroux, J.M.

    2008-01-01

    Coal consumption is growing up so fast and coal reserves are so abundant that coal might overtake petroleum in the future. The worldwide environment will not gain anything in this evolution except if 'clean coal' technologies make a significant jump. What is the driving force of this coal development? The pitfall encountered by nuclear energy and the rise of natural gas prices have been favorable conditions for the development of coal but they cannot hide the worldwide metamorphosis of coal industry. From China, undisputed world leader, to the USA, without omitting India, Russia and the big exporting countries (Australia, Indonesia, South Africa, Colombia), a new map is drawing up. In all these countries, coal companies are concentrating and internationalizing, open new strip mines and new commercial paths. The understanding of this metamorphosis has become one of the keys of the energy prospective and geopolitics of the 21. century. Content: 1 - entering the 21. century with the energy source of the 19. century?; 2 - consumption growth: new trends; 3 - the USA: the Saudi Arabia of coal; 4 - the unexpected rebirth of coal in Russia; 5 - China, world leader of coal industry; 6 - India and south-east Asia are entering the race; 7 - the rise of exporting industries; 8 - international markets and competitive dynamics of industries; 9 - advantage and drawbacks of coal during the coming decades; 10 - will clean coal technologies be ready on time?; 11 - technical appendix. (J.S.)

  20. Coal industry annual 1993

    Energy Technology Data Exchange (ETDEWEB)

    1994-12-06

    Coal Industry Annual 1993 replaces the publication Coal Production (DOE/FIA-0125). This report presents additional tables and expanded versions of tables previously presented in Coal Production, including production, number of mines, Productivity, employment, productive capacity, and recoverable reserves. This report also presents data on coal consumption, coal distribution, coal stocks, coal prices, coal quality, and emissions for a wide audience including the Congress, Federal and State agencies, the coal industry, and the general public. In addition, Appendix A contains a compilation of coal statistics for the major coal-producing States. This report does not include coal consumption data for nonutility Power Producers who are not in the manufacturing, agriculture, mining, construction, or commercial sectors. This consumption is estimated to be 5 million short tons in 1993.

  1. Coal industry annual 1993

    International Nuclear Information System (INIS)

    1994-01-01

    Coal Industry Annual 1993 replaces the publication Coal Production (DOE/FIA-0125). This report presents additional tables and expanded versions of tables previously presented in Coal Production, including production, number of mines, Productivity, employment, productive capacity, and recoverable reserves. This report also presents data on coal consumption, coal distribution, coal stocks, coal prices, coal quality, and emissions for a wide audience including the Congress, Federal and State agencies, the coal industry, and the general public. In addition, Appendix A contains a compilation of coal statistics for the major coal-producing States. This report does not include coal consumption data for nonutility Power Producers who are not in the manufacturing, agriculture, mining, construction, or commercial sectors. This consumption is estimated to be 5 million short tons in 1993

  2. ACR coal 1992

    Energy Technology Data Exchange (ETDEWEB)

    1992-01-01

    This publication is a comprehensive reference document on production, exports, prices and demand of coal in world markets. A forecast of demand by coal type and country up to the year 2000 is provided. Statistics of the Australian export industry are complemented by those of South Africa, USA, Canada, Indonesia, China, C.I.S. and Colombia. A very comprehensive coal quality specification for nearly all the coal brands exported from Australia, as well as leading non-Australian coal brands, is included.

  3. Is the Rise in the Prevalence of Renal Replacement Therapy at Older Ages the Price for Living Longer?

    Directory of Open Access Journals (Sweden)

    Frederik Peters

    2018-05-01

    Full Text Available BackgroundRenal replacement therapy (RRT is one of the most expensive in renal medicine. Cross-sectional studies suggest that life expectancy increases in the general population are associated with a higher burden of RRT. This study tests this hypothesis in a prospective setting among people aged 75+ living in Western Europe.MethodsWe gathered sex-specific data for 11 Western European countries in 2005–2014. RRT prevalence on country level was extracted from the ERA-EDTA registry, while data on population size and life expectancy for the 75+ age group came from the Eurostat database. GDP per capita was extracted from the OECD database. To measure the association between RRT prevalence and life expectancy, we performed Poisson regression models separately for each country and for all countries combined. To adjust for confounding, GDP per capita as well as time and country-fixed effects were included.ResultsOur analysis revealed that living longer coincides with rising RRT prevalence at ages 75+ in Western Europe between 2005 and 2014. On average, a 1-year increase in life expectancy was associated with a roughly 20% increase in RRT prevalence [(95% CI 21–23% in men and 19–22% in women]. However, after adjustments for confounding were made, the association became insignificant among women and became weaker among men, falling to a level of 11% [(95% CI 6–17%].ConclusionLiving longer was not necessarily associated with a higher burden of RRT in Western European countries.

  4. Coal - 97

    International Nuclear Information System (INIS)

    Sparre, C.

    1997-01-01

    The report deals with the use of coal and coke during 1996. Some information about techniques, environmental questions and markets are also given. Data have been collected by questionnaires to major users and by telephone to minor users. Preliminary statistical data from SCB have also been used. The use of steam coal for heating purposes during 1996 was 1,2 mill tons and 50% higher than in 1995. The increase is probably temporary and due to high prices of electricity because of lack of water power. The co-generation plants were the main users of coal. The minor plants have increased their use of forest fuels. Probably the use of steam coal will go down in the immediate years both in the heat generating and the co-generation plants. During the top year 1987 coal was used in 18 hotwater plants and 11 co-generation plants. 1996 these figures are 3 and 12. Taxes and environmental reasons explain this trend. The use of steam coal in the industry has been constant at the level 700 000 tons. This level is supposed to be constant or to vary with business cycles. The import of metallurgical coal in 1996 was 1,6 mill tons like the year before. 1,2 mill tons coke were produced. The coke consumption in the industry was 1,5 mill tons. 0,3 mill tons of coke were imported. The average price of steam coal imported in Sweden in 1996 was 340 SEK/ton or 2% higher than in 1995. For the world, the average import price was 51,5 USD/ton, nearly the same as the year before. The contract prices for delivery during 1997 are about equal as the end of 1996. All Swedish plants meet their emission limits of dust, SO 2 and NO x given by county administrations or concession boards

  5. Declining price difference from gas to coal provides for a new situation in the electricity market; Sinkende Preisdifferenz von Gas zu Kohle sorgt fuer neue Lage am Strommarkt

    Energy Technology Data Exchange (ETDEWEB)

    Anon.

    2017-01-15

    The price difference (spread) between power coal and natural gas has increased sharply since 1999. This gap reached its peak in 2013 with 171 Euro/t SKE. In many cases, higher CO{sub 2} prices were required to promote gas use in the electricity sector. However, it has now become clear that falling gas prices lead to a growing competitiveness of natural gas. Interventions in the EU-ETS or at the national level with the aim to promote gas use in the electricity sector do not make sense and would merely reduce the competitive pressure on the gas producers and lead them to become a monopoly rents. [German] Der Preisabstand (Spread) zwischen Kraftwerkskohle und Erdgas stieg seit 1999 stark an. Dieser Gap erreichte in 2013 mit 171 Euro/t SKE seinen Hoechststand. Vielfach wurden hoehere CO{sub 2}-Preise gefordert, um den Gaseinsatz im Stromsektor zu foerdern. Doch inzwischen zeigt sich, dass fallende Gaspreise zu einer wachsenden Wettbewerbsfaehigkeit von Erdgas fuehren. Interventionen in das EU-ETS oder auf nationaler Ebene mit dem Ziel, den Gaseinsatz im Stromsektor zu foerdern, machen daher keinen Sinn und wuerden lediglich den Wettbewerbsdruck auf die Gasproduzenten mindern sowie fuer diese zu einer Monopolrente fuehren.

  6. Hard coal; Steinkohle

    Energy Technology Data Exchange (ETDEWEB)

    Loo, Kai van de; Sitte, Andreas-Peter [Gesamtverband Steinkohle e.V., Herne (Germany)

    2013-04-01

    The year 2012 benefited from a growth of the consumption of hard coal at the national level as well as at the international level. Worldwide, the hard coal still is the number one energy source for power generation. This leads to an increasing demand for power plant coal. In this year, the conversion of hard coal into electricity also increases in this year. In contrast to this, the demand for coking coal as well as for coke of the steel industry is still declining depending on the market conditions. The enhanced utilization of coal for the domestic power generation is due to the reduction of the nuclear power from a relatively bad year for wind power as well as reduced import prices and low CO{sub 2} prices. Both justify a significant price advantage for coal in comparison to the utilisation of natural gas in power plants. This was mainly due to the price erosion of the inexpensive US coal which partly was replaced by the expansion of shale gas on the domestic market. As a result of this, the inexpensive US coal looked for an outlet for sales in Europe. The domestic hard coal has continued the process of adaptation and phase-out as scheduled. Two further hard coal mines were decommissioned in the year 2012. RAG Aktiengesellschaft (Herne, Federal Republic of Germany) running the hard coal mining in this country begins with the preparations for the activities after the time of mining.

  7. Australian black coal statistics 1991

    Energy Technology Data Exchange (ETDEWEB)

    1992-01-01

    This third edition of Australian black coal statistics covers anthracite, bituminous and subbituminous coals. It includes maps and figures on resources and coal fields and statistics (mainly based on the calendar year 1991) on coal demand and supply, production, employment and productivity in Australian coal mines, exports, prices and ports, and domestic consumption. A listing of coal producers by state is included. A final section presents key statistics on international world trade in 1991. 54 tabs.

  8. The impact of the financial crisis on the global seaborne hard coal market. Are there implications for the future?

    Energy Technology Data Exchange (ETDEWEB)

    Rademacher, Maggi; Braun, Raphael [E.ON Kraftwerke GmbH, Hannover (Germany)

    2011-06-15

    The global financial crisis in 2008 sent commodity markets spinning which caused demand to erode, price levels to quickly plummet and project financing costs to rise. In this paper, the authors examine the impacts the economic slowdown has had on the global seaborne hard coal market looking at the impacts for both coking (metallurgical) and thermal (steam) coals including pricing, supply availability, demand and aggregated mine level production costs. The hard coal market experienced a significant slow down; the commodity has bounced back strongly in 2010 driven by strong Asian demand at growth rates above historic levels and strong projections for the future. (orig.)

  9. Coal marketing manual 1986

    Energy Technology Data Exchange (ETDEWEB)

    1986-01-01

    This manual presents information for the use of marketers, consumers, analysts and investors. The information is presented in a series of tables and figures. Statistics are given for: Australian export tonnages and average export values for 1978-1985; international pig iron production 1976 to 1985; and international crude steel production 1979 to 1985. Trends in Australian export tonnages and prices of coal are reviewed. Details of international loading and discharge ports are given, together with a historical summary of shipping freight-rates since 1982. Long term contract prices for thermal and coking coal to Japan are tabulated. A review of coal and standards is given, together with Australian standards for coal and coke. A section on coal quality is included containing information on consumer coal quality preferences and Australian and Overseas coal brands and qualities. Finally an index is given of contact details of Australian and Overseas exporting companies, government departments, and the Australian Coal Association.

  10. Coal information 1995

    International Nuclear Information System (INIS)

    1996-01-01

    This volume is a comprehensive reference book on current world coal market trends and long-term prospects to 2010. It contains an in-depth analysis of the 1995 international coal market covering prices, demand, trade, supply and production capacity as well as over 450 pages of country specific statistics on OECD and key non-OECD coal producing and consuming countries. The book also includes a summary of environmental policies on climate change and on coal-related air quality issues as well as essential facts on coal-fired power stations in coal-importing regions, on coal ports world-wide and on emission standards for coal-fired boilers in OECD countries. Coal Information is one of a series of annual IEA statistical publications on major energy sources; other reports are Oil and Gas Information and Electricity Information. Coal Information 1995 is published in July 1996. (author)

  11. Coal yearbook 1993

    International Nuclear Information System (INIS)

    Anon.

    1993-01-01

    This book is the first coal yearbook published by ATIC (France). In a first chapter, economical context of coal worldwide market is analyzed: comparative evaluations on coal exports and imports, coal industry, prices, production in USA, Australia, South Africa, China, former USSR, Poland, Colombia, Venezuela and Indonesia are given. The second chapter describes the french energy context: national coal production, imports, sectorial analysis, maritime transport. The third chapter describes briefly the technologies of clean coal and energy saving developed by Charbonnages de France: fossil-fuel power plants with combined cycles and cogeneration, fluidized beds for the recovery of coal residues, recycling of agricultural wastes (sugar cane wastes) in thermal power plant, coal desulfurization for air pollution abatement. In the last chapter, statistical data on coal, natural gas and crude oil are offered: world production, world imports, world exports, french imports, deliveries to France, coal balance, french consumption of primary energy, power generation by fuel type

  12. Coal world market

    International Nuclear Information System (INIS)

    Anon.

    1996-01-01

    A brief analysis of major tendencies in the world market of coal is presented. It is pointed out that recent years, by and large, were favourable for the development of the world coal industry. Prices for coal (both for power-grade and coking one) in 1995 after many years of depressive state increased by nearly 20 % and reached a maximum of the last decade. International coal trading continues to grow and the tendency may persist in the mext two years

  13. Australia/Japan thermal coal settlements

    International Nuclear Information System (INIS)

    McLean, A.

    2000-01-01

    After prolonged negotiations, Australian suppliers and Japanese buyers have reached agreement on the benchmark thermal coal prices for the Japanese financial year 2000 (April 1, 2000 to March 31, 2001). The benchmark price as negotiated with the Chubu and Tohoku power utilities is about US$1.20 down on last year's price of $29.95. The actual price change to each supplier varies slightly depending on the calorific value of each product as calculated against a benchmark value of 6700kcal/kg on a gross air-dried basis. It is strange, but the Australians and Japanese both have some reason to crow about the outcome of the negotiation. In US dollar terms, compared with April 1, 1999, the suppliers have secured a price rise from A$45.39 to A$47.97; while the Japanese can point to having achieved a price reduction from Y3551/t to Y3162/t. The joys of exchange rate fluctuations. The result can only be seen as a good one for Australia, especially as it is alleged that one of the Australian suppliers opened negotiations by putting a US$1 price reduction on the table. It is worth noting that the significance of the benchmark coal price is waning, with the annual negotiations in Japan covering only 14Mt of a total seaborne trade of some 450Mt. Consequently, few tonnes are marketed at the benchmark price and Australia finds itself in fierce competition with suppliers from Indonesia, China and Russia for huge, short-term tenders at FOB prices. Recent winning Australian bids have been barely over US$20/t FOBT ex east coast Australia-nearly 30% below the new US$28.75 benchmark price. Finally, on the negotiating table will come the settlements for the semi coking coals. This is where Australia should hold the trump card. Japan simply cannot replace, from other countries, the near 30Mt of high quality coal it purchases each year from Australia. But already the whiff of a US$1.45-US$1.50 price reduction hangs in the air. Copyright (2000) Australian Journal of Mining

  14. The Influence of Fundamental and Macroeconomic Analysis on Stock Price

    Directory of Open Access Journals (Sweden)

    Hari Gursida

    2017-12-01

    Full Text Available The purpose of this research is to analyze the effect of fundamental and macroeconomic analysis on stock price. The research was conducted at a coal company listed on the Indonesia Stock Exchange. Fundamental analysis measured by current ratio, debt to equity ratio (DER, earning per share (EPS, return on assets (ROA, and total assets turnover (TATO, while macroeconomic analysis is measured by inflation and exchange rate.  Current ratio (CR has a positive effect on Stock Price. Strengthening this level of liquidity can provide information to investors to decide to buy shares of companies that tend to be healthy and stable. Return on assets (ROA has a positive and significant influence on stock price. Efforts to maximize the level of profitability by increasing the value of return on assets can provide information to investors that investments invested in the company will provide good profit. The impact of stock prices will rise. While debt to equity ratio (DER, earning per share (EPS and total assets turnover (TATO have no effect on Stock Price.  Macroeconomic analysis shows: (a Inflation rate has no effect on stock price of coal company. This can be because the inflation rate in Indonesia is at the level of 6% -7% per year and included in the category of mild inflation. Mild inflation resulted in very slow economic growth, not affecting stock prices. The exchange rate has a negative and significant effect on coal company stock price. If the Rupiah is depreciated then the stock price of the coal company will decrease.

  15. Impacts of seaborne trade on coal importing countries – Pacific market

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-08-15

    In recent years, there has been a convergence of international trade with traditional domestic markets. As imports continue to increase in many coal producing regions, the influence of trade on domestic markets has been twofold. Firstly, imported coal displaces domestic production and, secondly, international price trends may drive prices of what remains of the indigenous market for coal. While international trade does not provide any additional benefits in terms of reduced CO2 at coalfired power stations, importing coal provides many benefits, such as cost savings, improved coal quality, enhanced supply diversity, and often fills a gap which domestic supply is unable to fulfil. This report examines how coal markets have evolved over the decades with utilities and heavy industry moving away from their seemingly secure yet captive markets of domestic coal to procuring more supplies from the international market to satisfy the need of cost reduction and better and consistent quality of fuel product. The various factors that have led to a rise in popularity of seaborne traded coal, and the future of domestically produced coal in the Pacific market are discussed. This is in one of three reports which examine the changing trends in coal imports over the long term in three geographical regions: a global perspective, the Atlantic market and the Pacific market.

  16. Coal liquefaction policy in China: Explaining the policy reversal since 2006

    International Nuclear Information System (INIS)

    Rong Fang; Victor, David G.

    2011-01-01

    China has emerged as a leader in coal liquefaction. While the country's abundant coal resources and acute concerns about oil security help explain China's interest in liquefaction, the driving forces for this industry are complicated and policy has been inconsistent. Since 2006 Beijing has tried to slow down the development of liquefaction; even as China has become more dependent on imported oil, the central government has been wary about the large impact of liquefaction technologies on scarce resources such as water. However, local government officials in coal rich areas have strong incentives to pour investment into the technology, which helps explain the uneven development and policy. The future of coal liquefaction will depend on how these forces unfold along with major Beijing-led reforms in the Chinese coal industry, which is closing smaller mines and favoring the emergence of larger coal producing firms. Those reforms will have mixed effects on liquefaction. They temporarily contribute to higher prices for coal while over the longer term creating coal companies that have much greater financial and technical skills needed to deploy technologies such as coal liquefaction at a scale needed if this energy pathway is to be competitive with conventional sources of liquid fuel. - Highlights: ► We explain swings in Chinese policy on coal liquefaction, a possible substitute for imported oil. ► Since 2006 Beijing's support has waned due to fears about environmental impacts and cost of liquefaction. ► Local governments in some coal rich regions remain strongly supportive. ► Volatile oil prices and rising coal prices make this industry more risky than previously thought. ► Consolidation of the coal industry will have mixed effects on viability of liquefaction projects.

  17. Energy markets and price relations

    International Nuclear Information System (INIS)

    Bergendahl, P.A.

    1986-10-01

    The aim of the report is to elucidate the way and extent of the dependence of the price of different energy species of one another and particularly of crude oil prices. Oil, coal and natural gas can substitute each other at many applications. The prices are dependent on mining, processing and transporting. Forecasting of prices and future trends are discussed

  18. Coal, the metamorphoses of an industry. The new geopolitics of the 21. century; Charbon, les metamorphoses d'une industrie. La nouvelle geopolitique du 21. siecle

    Energy Technology Data Exchange (ETDEWEB)

    Martin-Amouroux, J.M

    2008-07-01

    Coal consumption is growing up so fast and coal reserves are so abundant that coal might overtake petroleum in the future. The worldwide environment will not gain anything in this evolution except if 'clean coal' technologies make a significant jump. What is the driving force of this coal development? The pitfall encountered by nuclear energy and the rise of natural gas prices have been favorable conditions for the development of coal but they cannot hide the worldwide metamorphosis of coal industry. From China, undisputed world leader, to the USA, without omitting India, Russia and the big exporting countries (Australia, Indonesia, South Africa, Colombia), a new map is drawing up. In all these countries, coal companies are concentrating and internationalizing, open new strip mines and new commercial paths. The understanding of this metamorphosis has become one of the keys of the energy prospective and geopolitics of the 21. century. Content: 1 - entering the 21. century with the energy source of the 19. century?; 2 - consumption growth: new trends; 3 - the USA: the Saudi Arabia of coal; 4 - the unexpected rebirth of coal in Russia; 5 - China, world leader of coal industry; 6 - India and south-east Asia are entering the race; 7 - the rise of exporting industries; 8 - international markets and competitive dynamics of industries; 9 - advantage and drawbacks of coal during the coming decades; 10 - will clean coal technologies be ready on time?; 11 - technical appendix. (J.S.)

  19. China's Coal: Demand, Constraints, and Externalities

    Energy Technology Data Exchange (ETDEWEB)

    Aden, Nathaniel; Fridley, David; Zheng, Nina

    2009-07-01

    This study analyzes China's coal industry by focusing on four related areas. First, data are reviewed to identify the major drivers of historical and future coal demand. Second, resource constraints and transport bottlenecks are analyzed to evaluate demand and growth scenarios. The third area assesses the physical requirements of substituting coal demand growth with other primary energy forms. Finally, the study examines the carbon- and environmental implications of China's past and future coal consumption. There are three sections that address these areas by identifying particular characteristics of China's coal industry, quantifying factors driving demand, and analyzing supply scenarios: (1) reviews the range of Chinese and international estimates of remaining coal reserves and resources as well as key characteristics of China's coal industry including historical production, resource requirements, and prices; (2) quantifies the largest drivers of coal usage to produce a bottom-up reference projection of 2025 coal demand; and (3) analyzes coal supply constraints, substitution options, and environmental externalities. Finally, the last section presents conclusions on the role of coal in China's ongoing energy and economic development. China has been, is, and will continue to be a coal-powered economy. In 2007 Chinese coal production contained more energy than total Middle Eastern oil production. The rapid growth of coal demand after 2001 created supply strains and bottlenecks that raise questions about sustainability. Urbanization, heavy industrial growth, and increasing per-capita income are the primary interrelated drivers of rising coal usage. In 2007, the power sector, iron and steel, and cement production accounted for 66% of coal consumption. Power generation is becoming more efficient, but even extensive roll-out of the highest efficiency units would save only 14% of projected 2025 coal demand for the power sector. A new wedge of

  20. All the coal in China

    International Nuclear Information System (INIS)

    Lessen, N.

    1993-01-01

    Unless this giant nation embraces a new strategy for producing and using energy. Its fast-growing economy could overwhelm international efforts to control greenhouse warming. Carbon emissions in China have increased 65% in the past decade, largely due to a sharp rise in coal burning. China's growing economy, low energy prices, and government policies are fueling the increase in coal use. China's leaders dismiss the notion that concern over global warming should alter their energy strategy. However, the important question is not whether the Chinese have the right to follow a carbon-intensive energy path, but whether it is in their interest to do so. Raising energy efficiency is essential to boost living standards; more efficient industrial processes, maintainance, operating procedures, and energy efficient construction all are needed. In the long run China will need to develop its own alternatives to coal;natural gas, solar, wind, biomass, and geothermal energy all have enormous potential. Price adjustments, international support, and education will all be needed in the long run

  1. Comparison of the effects of conditional food and cash transfers of the Ethiopian Productive Safety Net Program on household food security and dietary diversity in the face of rising food prices: ways forward for a more nutrition-sensitive program.

    Science.gov (United States)

    Baye, Kaleab; Retta, Negussie; Abuye, Cherinet

    2014-09-01

    In light of the continuing rise in food prices during and after the 2008 world food crisis, whether food and cash transfers are equally effective in improving food security and diet quality is debatable. To compare the effects of conditional food and cash transfers of the Ethiopian Productive Safety Net Program (PSNP) on household food security and dietary diversity. Data on household dietary diversity, child anthropometry, food security, and preference of transfer modalities (food, cash, or mixed) were generated from a cross-sectional survey of 195 PSNP beneficiary households (67 receiving food and 128 receiving cash) in Hawella Tulla District, Sidama, southern Ethiopia. Most beneficiaries (96%) reported food shortages, and 47% reported food shortages that exceeded 3 months. Households receiving cash had better household dietary diversity scores (p = .02) and higher consumption of oils and fats (p = .003) and vitamin A-rich foods (p = .002). Compared with households receiving food, households receiving cash were more affected by increases in food prices that forced them to reduce their number of daily meals (p diversity than households receiving food, a result suggesting that cash transfers may be more effective. However, the continuing rise infood prices may offset these benefits unless cash transfers are index-linked to food price fluctuations.

  2. The growth of energy consumption and prices in the USA, West Germany, and the UK, 1950 to 1980

    Science.gov (United States)

    Doblin, C. P.

    1982-05-01

    The relationship between energy price and consumption was studied, especially reactions to oil price rises in the 1970's. Industrial, domestic, and road transportation energy consumption were examined. Until 1973, consumption rose steadily, while the inflation-adjusted price dropped. Immediate reaction to the two large price rises was a drop in consumption, but overall consumption continued to grow when the growth in total energy consumption was reversed. This change is due to adverse business conditions, displacement of coal by oil, oil by gas, and mineral fuels by electricity in given sectors, switches to less energy intensive activities, a change in the mix of gross national products, and weather conditions, as well as by price rises. Energy conservation measures had little impact.

  3. Japanese steel mills update and expectations to Canadian coal industry

    International Nuclear Information System (INIS)

    Yamaguchi, I.

    2008-01-01

    Kobe Steel's (Kobelco) corporate strategy includes expanding from only-one product such as high tensile strength steel sheet, and enlarging overseas production capacity through joint ventures and technical alliances. A new steel making process from low quality iron ore and steaming coal called ITmk3 has been developed by Kobe Steel that does not require any coke, reduces carbon dioxide emissions by 20 per cent, and reduces the cost of transporting slag. This strategy and technology was presented along with the changes surrounding the Japanese steel industry and raw materials market. These changes include the rise of emerging oil-producing countries; world steel production and exports; the rise in prices of resources; and the slowdown of the United States economy. The current situation of Japanese crude steel production, pig-iron production, and coke expansion plans were also presented. The presentation also outlined expectation's of the Canadian coal industry with reference to Canadian coal imports to Japan. tabs., figs

  4. Coal reserves in the United States and around the world

    International Nuclear Information System (INIS)

    Jubert, K.; Masudi, H.

    1995-01-01

    There is an urgent need to examine the role that coal might play in meeting world energy needs during the next 20 years. Oil from the Organization of Petroleum Exporting Countries (OPEC) can no longer be relied upon to provide expanding supplies of energy, even with rapidly rising prices. Neither can nuclear energy be planned on for rapid expansion worldwide until present uncertainties about it are resolved. Yet, the world's energy needs will continue to grow, even with vigorous energy conservation programs and with optimistic rates of expansion in the use of solar energy. Coal already supplies 25% of the world's energy, its reserves are vast, and it is relatively inexpensive. This study, with the aid of reports from the World Coal Study (WOCOL) examines the needs for coal on a global scale, its availability past and present, and its future prospects

  5. Economic aspects of coal deposits exploration of the Ulug-Khem basin (Tuva

    Directory of Open Access Journals (Sweden)

    Lebedev V.I.

    2017-06-01

    Full Text Available in accordance with the article, 11 deposits coal on the territory of Tuva are accounted by State Reserves Register of the Russian Federation, the total profitable reserves are estimated at 1,12 billion tons whereof 936.6 thousand tons are dealt with as coking coals. The vast majority of explored deposits of coals of the republic are concentrated in the Ulugh-Khem basin, the total projected resources of which exceed 20 bill.t. It is substantiated that coking coal of the Ulugh-Khem basin is the most competitive resource of Tyva Republic. Low ash content, excellent caking index, low sulfur and phosphorus in coking coal of ranks GG and GZh indicate their high quality, according to these characteristics GG, GZh coal ranks take precedence over Kuznetsk and Pechora coals. About 70 bill.t of coking coal are annually mined in Russia, but there is a deficit on certain coal ranks. It is primarily related to internal prices increase for coking coal in Russia. According to forecasts of researchers coal deficit will rise up to 15–17 bill.t in the country.

  6. Coal -98

    International Nuclear Information System (INIS)

    Sparre, C.

    1998-01-01

    Energi, Haesselbyverket, has now invested in equipment for burning pellets instead of coal. In Linkoeping wastes of rubber are mixed with coal. Also Soederenergi AB has rebuilt their three coal boilers and replaced 100 % of the coal by peat and wood fuels. Coal is a reserve fuel. Several co-generation plants like Linkoeping, Norrkoeping, Uppsala and Oerebro use both coal and forest fuels. The use of coal is then concentrated to the electricity production. The average price of steam coal imported in Sweden in 1997 was 370 SEK/ton or 10 per cent higher than in 1996. For the world, the average import price fell to 46 USD/ton. The price fall was concentrated to the 4th quarter. The prices have continued to fall during 1998 as a result of the crisis in Asia. All Swedish plants meet their emission limits of dust, SO 2 and NO x given by county administrations or concession boards. The co-generation plants have all some sort of SO 2 -removal system. Mostly used is the wet-dry method. The biggest co-generation plant, Vaesteraas, has newly invested in a ca talytic NO x -cleaning system type SCR, which is reducing the emission level 80-90 %. Most other plants are using low NO x -burners or injection systems type SNCR, based on ammonium or urea, which are reducing the emissions 50-70 %. A positive effect of the recently introduced NO x -duties is a 60 % reduction compared to some years ago, when the duties were introduced. World hard coal production was about 3 800 tons in 1997, a minor increase compared to 1996. The coal demand in the OECD-countries has increased about 1.7 % yearly during the last ten years. The coal share of the energy supply is about 20% in the OECD-countries and 27% in the whole world. Several sources estimate a continuing growth during the next 20 years in spite of an increasing use of natural gas and nuclear power. The reason is a strong demand for electrical power in the Asian countries and the developing countries. However, greater efforts to minimize the

  7. Coal pyrolysis. VII. Economic viability of pyrolysis. Pirolisis del carbon. VII. Viabilidad economica de la pirolisis

    Energy Technology Data Exchange (ETDEWEB)

    Molinar, R.; Adanez, J.; Miranda, J.L.; Ibarra, J.V. (Instituto de Carboquimica, Zaragoza (Spain))

    1989-04-01

    Analyses the most important economic parameters of the main pyrolysis processes. Considers the markets available for semi-coke and tars. Concludes that no single technology or process has clear advantages over the others because all depends on the type of coal being used and the purpose for which the end product is to be used. Refers to studies carried out in Canada and the USA on the same subject and reports their findings. Concludes optimistically that coal pyrolysis shows promise of being economically viable in the future because although initially, costs reflect the high financial outlay necessary to begin operations, after a certain period, these costs fall and the end product can be sold at a lower price. A further point in favour of pyrolysis is that coal prices are likely to rise more slowly than oil prices. 5 refs., 8 tabs.

  8. Coal -94

    International Nuclear Information System (INIS)

    Sparre, C.

    1994-05-01

    This report deals with use of coal and coke during 1993; information about techniques, environmental questions and markets are also given. Use of steamcoal for heating purposes has been reduced about 3 % during 1993 to 1,0 mill tons. This is the case especially for the heat generating boilers. Production in co-generation plants has been constant and has increased for electricity production. Minor plants have increased their use of forest fuels, LPG and NG. Use of steamcoal will probably go down in the immediate years both in heat generating and co-generating plants. Coal-based electricity has been imported from Denmark during 1993 corresponding to about 400 000 tons of coal, when several of our nuclear plants were stopped. Use of steamcoal in the industry has been constant at 700 000 tons. This level is supposed to be constant or to vary with business cycles. The import of metallurgical coal in 1993 was 1,6 mill tons like the year before. 1,2 mill tons coke were produced. Coke consumption in industry was 1,4 mill tons. 0,2 mill tons of coke were imported. Average price of steamcoal imported to Sweden in 1993 was 308 SEK/ton or 13 % higher than in 1992; this can be explained by the dollar price level increasing 34% in 1993. For the world, the average import price was 50,0 USD/ton, a decrease of 6 %. The coal market during 1993 was affected by less consumption in Europe, shut downs of European mines and decreasing prices. High freight price raises in Russia has affected the Russian export and the market in northern Europe. The prices have been stabilized recently. All Swedish plants meet emission limits of dust, SO 2 and NO x . Co-generation plants all have some sort of SO 2 -removal system; the wet-dry method is mostly used. A positive effect of the recently introduced NO x -duties is a 40% reduction

  9. Marketing Canada's coal

    Energy Technology Data Exchange (ETDEWEB)

    1985-11-01

    The topics are presented which were discussed at the 36th Canadian Coal Conference, held in Vancouver, BC in September 1985. The theme was Challenges, today and tomorrow and the conference sought to examine the primary problems confronting the world coal industry today: overcapacity, soft demand, depressed prices and intense global competition. Coal production in Canada was presented and its role in the steelmaking and electric power industries evaluated. A general mood of optimism prevailed.

  10. Coal information 1996

    International Nuclear Information System (INIS)

    1997-01-01

    Coal Information (1997 edition) is the latest edition of a publication that has been produced annually by the IEA since 1983. The report is intended to provide both Member countries of the OECD and those employed in all sectors of the coal industry with information on current world coal market trends and long-term prospects. It includes information on coal prices, demand, trade, supply, production capacity, transport, environmental issues (including emission standards for coal-fired boilers), coal ports, coal-fired power stations and coal used in non -OECD countries. Part I of the publication contains a wide ranging review of world coal market developments in 1996 and current prospects to 2010. The review is based on historical data of OECD energy supply and demand, data on other world regions, projections of OECD coal supply, demand and trade and information provided by the CIAB. Part II provides, in tabular and graphical form, a more detailed and comprehensive statistical picture of coal developments and future prospects for coal in the OECD, by region and for individual Member countries. Readers interested in projections are strongly advised to read the notes for individual countries in Principles and Definitions in Part II. Coal statistics for non-OECD countries are presented in Part III of the book. Summary data are available on hard coal supply and end-use statistics for about 40 countries and regions world-wide. Data are based on official national submissions to the United Nations in Geneva and New York, national energy publications, information provided to the IEA Secretariat by national statistical offices as well as other unofficial Secretariat sources. Further information on coal used in non-OECD countries is published annually by the IEA in Energy Statistics and Balances of Non-OECD Countries. Also included in Part III are the Survey of Coal Ports world-wide and the Survey of Coal-fired Power Stations in coal-importing countries

  11. Developments in Global Food Prices

    OpenAIRE

    Vanessa Rayner; Emily Laing; Jamie Hall

    2011-01-01

    Global food prices have increased significantly since the early 2000s, reversing the long-run trend decline in relative food prices over previous decades. A range of supply disruptions in key food-producing countries have contributed to higher food prices, along with strong demand from developing countries as per capita incomes rise and consumption patterns change. Rising commodity prices are leading to higher headline consumer price inflation in many countries though, at this stage, core mea...

  12. Coal 95

    International Nuclear Information System (INIS)

    Sparre, C.

    1995-01-01

    The report deals with the use of coal and coke in Sweden during 1994. Some information about technology, environmental questions and markets are also given. Data have been collected by questionnaires to major users and by telephone to minor users. Preliminary statistical data from Statistics Sweden have also been used.The use of steam coal for heating purposes has been unchanged during 1994 at a level of 1 Mtons. The production in the cogeneration plants has been constant, but has increased for electricity production. The minor plants have increased their use of forest fuels. The use of steam coal will probably go down in the next years both for heat and cogeneration plants. During the top year 1987 coal was used in 18 hot water and 11 cogeneration plants. 1994 these figures are 3 and 12. Taxes and environmental reasons explain this trend. The use of steam coal in industry has been constant at the level 0.7 Mtons. The import of metallurgical coal in 1993 was 1.6 Mtons, like 1992. Import of 0.3 Mtons of coke gives the total consumption of coke in industry as 1.5 Mtons. the average price of steam coal imported to Sweden was 317 SEK/ton, 3% higher than 1993. All Swedish plants meet their emission limit of dust, SO 2 and NO x as given by county administrations or concession boards. The cogeneration plants all have some SO 2 removal system. The biggest cogeneration plant (Vaesteraas) has recently invested in a SCR NO x cleaning system. Most other plants use low NO x burners or SNR injection systems based on ammonia or urea. 2 figs, 13 tabs

  13. Global thermal coal trade outlook

    International Nuclear Information System (INIS)

    Ewart, E.

    2008-01-01

    Wood Mackenzie operates coal consulting offices in several cities around the world and is the number one consulting company in terms of global coal coverage. The company offers a unique mine-by-mine research methodology, and owns a proprietary modeling system for coal and power market forecasting. This presentation provided an overview of global thermal markets as well as recent market trends. Seaborne markets have an impact on price far greater than the volume of trade would imply. Research has also demonstrated that the global thermal coal market is divided between the Pacific and Atlantic Basins. The current status of several major coal exporting countries such as Canada, the United States, Venezuela, Colombia, Indonesia, Australia, China, South Africa, and Russia was displayed in an illustration. The presentation included several graphs indicating that the seaborne thermal coal market is highly concentrated; traditional coal flow and pricing trends shift as Asian demand growth and supply constraints lead to chronic under supply; coal prices have risen to historic highs in recent times; and, the Asian power sector demand is a major driver of future growth. The correlation between oil and gas markets to thermal coal was illustrated along with two scenarios of coal use in the United States in a carbon-constrained world. The impact of carbon legislation on coal demand from selected coal regions in the United States was also discussed. Wood Mackenzie forecasts a very strong growth in global thermal coal demand, driven largely by emerging Asian economies. tabs., figs

  14. Coal liquefaction becomes viable

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2005-11-15

    In 2003 the May/June issue of CoalTrans International speculated that coal liquefaction would become viable due to falling coal prices. This has not proved the case but the sustained high oil price is sparking new interest. A survey by Energy Intelligence and Marketing Research during November 2005 revealed a growth in the number of projects under development or at the feasibility stage. The article reports projects in China, the USA, Australia, New Zealand, the Philippines and India. China is commissioning the first wave of large liquefaction plants. The key question is whether other countries, particularly the USA, will follow.

  15. Lignite and hard coal: Energy suppliers for world needs until the year 2100 - An outlook

    International Nuclear Information System (INIS)

    Thielemann, Thomas; Schmidt, Sandro; Peter Gerling, J.

    2007-01-01

    For three years, international hard coal prices have been at rather expensive levels. Some argue that these higher prices might indicate the threat of a physical scarcity of fossil fuels - similar to the situation with oil and gas. This is not true. The supply situations with lignite and hard coal appear to be largely not critical. Adjusted to the rise in global coal consumption, which is expected until 2100, nature by and large can meet the world's coal demand. This is shown for lignite in this article and it is illustrated for hard coal here, differentiated in space and time for a world divided into eight regions and viewed for the years 2005, 2020, 2030, 2050, and 2100. The only area of potential concern is Asia (especially China). But today's and coming eager efforts in China to convert coal resources into reserves will most likely deliver the coal needed for the Chinese market. Up to the year 2100, and from a geoscientific point of view, there will be no bottleneck in coal supplies on this planet. (author)

  16. Coal; Le charbon

    Energy Technology Data Exchange (ETDEWEB)

    Teissie, J.; Bourgogne, D. de; Bautin, F. [TotalFinaElf, La Defense, 92 - Courbevoie (France)

    2001-12-15

    Coal world production represents 3.5 billions of tons, plus 900 millions of tons of lignite. 50% of coal is used for power generation, 16% by steel making industry, 5% by cement plants, and 29% for space heating and by other industries like carbo-chemistry. Coal reserves are enormous, about 1000 billions of tons (i.e. 250 years of consumption with the present day rate) but their exploitation will be in competition with less costly and less polluting energy sources. This documents treats of all aspects of coal: origin, composition, calorific value, classification, resources, reserves, production, international trade, sectoral consumption, cost, retail price, safety aspects of coal mining, environmental impacts (solid and gaseous effluents), different technologies of coal-fired power plants and their relative efficiency, alternative solutions for the recovery of coal energy (fuel cells, liquefaction). (J.S.)

  17. Comparative study on efficiency performance of listed coal mining companies in China and the US

    International Nuclear Information System (INIS)

    Fang, Hong; Wu, Junjie; Zeng, Catherine

    2009-01-01

    Continually rising energy prices in global markets highlights a serious concern about the need to improve energy efficiency and the efficiency in energy sector in many countries. China, as one of the fastest growing countries in the world and the largest coal producer, has high coal consumption but a low recovery rate of coal utilization. Coal efficiency and the efficiency in coal industry have therefore attracted a great deal of attention from Chinese policy makers, coal firms and academics. This study attempts to compare the relative technical efficiency performance of listed coal mining companies in China and the US using CCR and BCC models in the advanced DEA linear programming. The results show that the level of relative efficiency in Chinese coal mining enterprises, regardless of total technical efficiency or decomposed pure technical and scale efficiency, is much lower than in American coal firms. The study also highlights the input resources that cause the inefficiency of Chinese coal mining companies. Furthermore, in-depth discussion and analysis of how the institutional environments of the two countries could cause the differences are provided. (author)

  18. PRICE AND PRICING STRATEGIES

    OpenAIRE

    SUCIU Titus

    2013-01-01

    In individual companies, price is one significant factor in achieving marketing success. In many purchase situations, price can be of great importance to customers. Marketers must establish pricing strategies that are compatible with the rest of the marketing mix. Management should decide whether to charge the same price to all similar buyers of identical quantities of a product (a one-price strategy) or to set different prices (a flexible price strategy). Many organizations, especially retai...

  19. Natural gas pricing

    International Nuclear Information System (INIS)

    Freedenthal, C.

    1993-01-01

    Natural gas pricing is the heart and soul of the gas business. Price specifically affects every phase of the industry. Too low a price will result in short supplies as seen in the mid-1970s when natural gas was scarce and in tight supply. To fully understand the pricing of this energy commodity, it is important to understand the total energy picture. In addition, the effect and impact of world and US economies, and economics in general are crucial to understanding natural gas pricing. The purpose of this presentation will be to show the parameters going into US natural gas pricing including the influence of the many outside industry factors like crude oil and coal pricing, market drivers pushing the gas industry, supply/demand parameters, risk management for buyers and sellers, and other elements involved in pricing analysis

  20. Economical efficiency of bio energy as the level of prices in the agricultural sector rises; Wirtschaftlichkeit der Bioenergie bei steigendem Agrarpreisniveau

    Energy Technology Data Exchange (ETDEWEB)

    Heilmann, Hubert [Landesforschungsanstalt fuer Landwirtschaft und Fischerei Mecklenburg-Vorpommern, Guelzow (Germany). Inst. fuer Pflanzenproduktion und Betriebswirtschaft

    2013-10-01

    The food versus fuel debate is still of high social relevance. Changes to the framework conditions can have serious consequences for the profitability and the raw material supply of bioenergy plants. With the German Renewable Energy Act (EEG) economic incentives were created in the past to expand the growing of renewable raw materials on arable land for the production of biogas as well as for combined heat and power generation. In the meantime, agricultural prices have developed very dynamically; there can currently hardly be any talk of excessive promotion by the EEG. Taking into account the opportunity cost of agricultural/and use, from the perspective of the grower raw material prices which call into question the profitable supply of biogas plants are sometimes necessary - even for maize, the most important and efficient field fodder. The expiration of long-term supply agreements can lead to supply shortages, especially for biogas plants that do not belong to farms. (orig.)

  1. State coal profiles, January 1994

    Energy Technology Data Exchange (ETDEWEB)

    1994-02-02

    The purpose of State Coal Profiles is to provide basic information about the deposits, production, and use of coal in each of the 27 States with coal production in 1992. Although considerable information on coal has been published on a national level, there is a lack of a uniform overview for the individual States. This report is intended to help fill that gap and also to serve as a framework for more detailed studies. While focusing on coal output, State Coal Profiles shows that the coal-producing States are major users of coal, together accounting for about three-fourths of total US coal consumption in 1992. Each coal-producing State is profiled with a description of its coal deposits and a discussion of the development of its coal industry. Estimates of coal reserves in 1992 are categorized by mining method and sulfur content. Trends, patterns, and other information concerning production, number of mines, miners, productivity, mine price of coal, disposition, and consumption of coal are detailed in statistical tables for selected years from 1980 through 1992. In addition, coal`s contribution to the State`s estimated total energy consumption is given for 1991, the latest year for which data are available. A US summary of all data is provided for comparing individual States with the Nation as a whole. Sources of information are given at the end of the tables.

  2. Coal background paper. Coal demand

    International Nuclear Information System (INIS)

    1997-01-01

    Statistical data are presented on coal demands in IEA and OECD member countries and in other countries. Coal coaking and coaking coal consumption data are tabulated, and IEA secretariat's coal demand projections are summarized. Coal supply and production data by countries are given. Finally, coal trade data are presented, broken down for hard coal, steam coal, coking coal (imports and export). (R.P.)

  3. Prices and Price Setting

    NARCIS (Netherlands)

    R.P. Faber (Riemer)

    2010-01-01

    textabstractThis thesis studies price data and tries to unravel the underlying economic processes of why firms have chosen these prices. It focuses on three aspects of price setting. First, it studies whether the existence of a suggested price has a coordinating effect on the prices of firms.

  4. Coal princes on the world market

    International Nuclear Information System (INIS)

    1997-01-01

    The prices on fuel and coking coals on the world market are presented. The data on specific combustion heat content of volatile substances, sulfur and ash content of the corresponding types of coals are also given

  5. An analysis of China's coal supply and its impact on China's future economic growth

    International Nuclear Information System (INIS)

    Wang, Jianliang; Feng, Lianyong; Tverberg, Gail E.

    2013-01-01

    Many people believe that China's economic growth can continue almost indefinitely. For a manufacturing-based economy such as China's to continue to grow, it needs an adequate supply of inexpensive energy. To date, this energy growth has primarily come from coal, but China's indigenous coal supplies are now falling short of the amount needed to support this growth. In this situation, the status of China's future coal supply will be very important for China's future economic development. Our analysis shows that China's ultimate recoverable coal reserves equal 223.6×10 9 MT, and its production will peak between 2025 and 2030, with peak production of approximately 3.9×10 9 MT. The extent to which China can import coal in the future is uncertain. With rising coal demand, this combination is likely to create a significant challenge to China's future economic development. - Highlights: ► We analyze an issue of prime importance for the future of China's economy. ► The decline in coal supply will present a challenge to China's economic growth. ► Rising coal price will also have an adverse impact on economic growth

  6. Present state in coal preparation. Stanje u pripremi uglja

    Energy Technology Data Exchange (ETDEWEB)

    Jevremovic, C. (Rudarsko-Geoloski Fakultet, Tuzla (Yugoslavia))

    1990-01-01

    Describes the low technological state of Yugoslav coal enterprises,in particular of those that exploit low grade lignite and brown coal with high ash and sulfur content. Unadjusted coal prices (almost the same price level for low and high energy coal) and absence of stringent laws on environmental pollution are regarded as main reasons for the low technological level of coal preparation and beneficiation plants. Modern preparation equipment for coal classification, coal washing, coal drying and briquetting is pointed out. Advanced coal carbonization and gasification should have a wider application in Yugoslavia for reducing environmental pollution and producing clean fuel.

  7. Outlook and Challenges for Chinese Coal

    Energy Technology Data Exchange (ETDEWEB)

    Aden, Nathaniel T.; Fridley, David G.; Zheng, Nina

    2008-06-20

    China has been, is, and will continue to be a coal-powered economy. The rapid growth of coal demand since 2001 has created deepening strains and bottlenecks that raise questions about supply security. Although China's coal is 'plentiful,' published academic and policy analyses indicate that peak production will likely occur between 2016 and 2029. Given the current economic growth trajectory, domestic production constraints will lead to a coal gap that is not likely to be filled with imports. Urbanization, heavy industry growth, and increasing per-capita consumption are the primary drivers of rising coal usage. In 2006, the power sector, iron and steel, and cement accounted for 71% of coal consumption. Power generation is becoming more efficient, but even extensive roll-out of the highest efficiency units could save only 14% of projected 2025 coal demand. If China follows Japan, steel production would peak by 2015; cement is likely to follow a similar trajectory. A fourth wedge of future coal consumption is likely to come from the burgeoning coal-liquefaction and chemicals industries. New demand from coal-to-liquids and coal-to-chemicals may add 450 million tonnes of coal demand by 2025. Efficient growth among these drivers indicates that China's annual coal demand will reach 4.2 to 4.7 billion tonnes by 2025. Central government support for nuclear and renewable energy has not been able to reduce China's growing dependence on coal for primary energy. Few substitution options exist: offsetting one year of recent coal demand growth would require over 107 billion cubic meters of natural gas, 48 GW of nuclear, or 86 GW of hydropower capacity. While these alternatives will continue to grow, the scale of development using existing technologies will be insufficient to substitute significant coal demand before 2025. The central role of heavy industry in GDP growth and the difficulty of substituting other fuels suggest that coal consumption is

  8. Coal use and coal technology study (KIS)

    International Nuclear Information System (INIS)

    Kram, T.; Okken, P.A.; Gerbers, D.; Lako, P.; Rouw, M.; Tiemersma, D.N.

    1991-11-01

    The title study aims to assess the possible role for coal in the Netherlands energy system in the first decades of the next century and the part new coal conversion technologies will play under various conditions. The conditions considered relate to (sectoral) energy demand derived from national scenarios in an international context, to energy prices, to environmental constraints (acidification, solid waste management and disposal) and to the future role for nuclear power production. Targets for reduction of greenhouse gas emissions are not explicitly included, but resulting CO 2 emissions are calculated for each variant case. The part that coal can play in the Dutch energy supply is calculated and analyzed by means

  9. Coal-to-liquid

    Energy Technology Data Exchange (ETDEWEB)

    Cox, A.W.

    2006-03-15

    With crude oil prices rocketing, many of the oil poor, but coal rich countries are looking at coal-to-liquid as an alternative fuel stock. The article outlines the two main types of coal liquefaction technology: direct coal liquefaction and indirect coal liquefaction. The latter may form part of a co-production (or 'poly-generation') project, being developed in conjunction with IGCC generation projects, plus the production of other chemical feedstocks and hydrogen. The main part of the article, based on a 'survey by Energy Intelligence and Marketing Research' reviews coal-to-liquids projects in progress in the following countries: Australia, China, India, New Zealand, the Philippines, Qatar and the US. 2 photos.

  10. Coal competition: prospects for the 1980s

    Energy Technology Data Exchange (ETDEWEB)

    1981-03-01

    This report consists of 10 chapters which present an historical overview of coal and the part it has played as an energy source in the economic growth of the United States from prior to World War II through 1978. Chapter titles are: definition of coals, coal mining; types of coal mines; mining methods; mining work force; development of coal; mine ownership; production; consumption; prices; exports; and imports. (DMC)

  11. Pricing, renegotiation and gross inequities

    Energy Technology Data Exchange (ETDEWEB)

    Kirkham, J.S. (Van Cott, Bagley, Cornwall McCarthy, Salt Lake City, UT (USA))

    1990-01-01

    Reviews pricing, renegotiation and gross inequity provisions of coal supply agreements in order to provide practical assistance to an attorney called upon to draft in written form the intent of buyer and seller. 26 refs.

  12. Coal on the shovel. Choice for coal is choosing for expensive, scarce and unreliable; Kolen op de schop. Kiezen voor kolen is kiezen voor duur, schaars en onbetrouwbaar

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-07-01

    Researchers of Peak oil warn about imminent worldwide coal shortages as of 2025. Countries that fully depend on coal import, such as the Netherlands, run great risks due to strongly rising prices and insecurity of supply. How large is the supply of extractable coal? How long will extraction and export continue undisturbed under increasing demand? What effect will this have on the coal price? The real data on supply, demand, price and export mainly tell a tale of unreliable reserves and high prices according to Greenpeace. (mk) [Dutch] Onderzoekers van Peakoil waarschuwen dat vanaf 2025 wereldwijd kolentekorten dreigen. Landen die volledig afhankelijk zijn van de import van kolen, zoals Nederland, lopen een groot risico door sterk stijgende prijzen en onzekere levering. Hoe groot is de winbare kolenvoorraad? Hoe lang gaan winning en export ongestoord door bij een groeiende vraag? Wat betekent dit voor de kolenprijs? De werkelijke gegevens over voorraad, vraag, prijs en export vertellen volgens Greenpeace vooral een verhaal van onbetrouwbare reserves en hoge prijzen.

  13. Oil prices and the stock prices of alternative energy companies

    International Nuclear Information System (INIS)

    Henriques, Irene; Sadorsky, Perry

    2008-01-01

    Energy security issues coupled with increased concern over the natural environment are driving factors behind oil price movements. While it is widely accepted that rising oil prices are good for the financial performance of alternative energy companies, there has been relatively little statistical work done to measure just how sensitive the financial performance of alternative energy companies are to changes in oil prices. In this paper, a four variable vector autoregression model is developed and estimated in order to investigate the empirical relationship between alternative energy stock prices, technology stock prices, oil prices, and interest rates. Our results show technology stock prices and oil prices each individually Granger cause the stock prices of alternative energy companies. Simulation results show that a shock to technology stock prices has a larger impact on alternative energy stock prices than does a shock to oil prices. These results should be of use to investors, managers and policy makers. (author)

  14. Clean Coal Technologies - Accelerating Commerical and Policy Drivers for Deployment

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-07-01

    Coal is and will remain the world's most abundant and widely distributed fossil fuel. Burning coal, however, can pollute and it produces carbon dioxide. Clean coal technologies address this problem. The widespread deployment of pollution-control equipment to reduce sulphur dioxide, Nox and dust emissions from industry is just one example which has brought cleaner air to many countries. Since the 1970s, various policy and regulatory measures have created a growing commercial market for these clean coal technologies, with the result that costs have fallen and performance has improved. More recently, the need to tackle rising CO2 emissions to address climate change means that clean coal technologies now extend to include those for CO2 capture and storage (CCS). This short report from the IEA Coal Industry Advisory Board (CIAB) presents industry's considered recommendations on how to accelerate the development and deployment of this important group of new technologies and to grasp their very signifi cant potential to reduce emissions from coal use. It identifies an urgent need to make progress with demonstration projects and prove the potential of CCS through government-industry partnerships. Its commercialisation depends upon a clear legal and regulatory framework,public acceptance and market-based financial incentives. For the latter, the CIAB favours cap-and-trade systems, price supports and mandatory feed-in tariffs, as well as inclusion of CCS in the Kyoto Protocol's Clean Development Mechanism to create demand in developing economies where coal use is growing most rapidly. This report offers a unique insight into the thinking of an industry that recognises both the threats and growing opportunities for coal in a carbon constrained world.

  15. Clean Coal Technologies - Accelerating Commerical and Policy Drivers for Deployment

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-07-01

    Coal is and will remain the world's most abundant and widely distributed fossil fuel. Burning coal, however, can pollute and it produces carbon dioxide. Clean coal technologies address this problem. The widespread deployment of pollution-control equipment to reduce sulphur dioxide, Nox and dust emissions from industry is just one example which has brought cleaner air to many countries. Since the 1970s, various policy and regulatory measures have created a growing commercial market for these clean coal technologies, with the result that costs have fallen and performance has improved. More recently, the need to tackle rising CO2 emissions to address climate change means that clean coal technologies now extend to include those for CO2 capture and storage (CCS). This short report from the IEA Coal Industry Advisory Board (CIAB) presents industry's considered recommendations on how to accelerate the development and deployment of this important group of new technologies and to grasp their very signifi cant potential to reduce emissions from coal use. It identifies an urgent need to make progress with demonstration projects and prove the potential of CCS through government-industry partnerships. Its commercialisation depends upon a clear legal and regulatory framework,public acceptance and market-based financial incentives. For the latter, the CIAB favours cap-and-trade systems, price supports and mandatory feed-in tariffs, as well as inclusion of CCS in the Kyoto Protocol's Clean Development Mechanism to create demand in developing economies where coal use is growing most rapidly. This report offers a unique insight into the thinking of an industry that recognises both the threats and growing opportunities for coal in a carbon constrained world.

  16. PRODUCTION OF CARBON PRODUCTS USING A COAL EXTRACTION PROCESS

    Energy Technology Data Exchange (ETDEWEB)

    Dady Dadyburjor; Philip R. Biedler; Chong Chen; L. Mitchell Clendenin; Manoj Katakdaunde; Elliot B. Kennel; Nathan D. King; Liviu Magean; Peter G. Stansberry; Alfred H. Stiller; John W. Zondlo

    2004-08-31

    This Department of Energy National Energy Technology Laboratory sponsored project developed carbon products, using mildly hydrogenated solvents to extract the organic portion of coal to create synthetic pitches, cokes, carbon foam and carbon fibers. The focus of this effort was on development of lower cost solvents, milder hydrogenation conditions and improved yield in order to enable practical production of these products. This technology is needed because of the long-term decline in production of domestic feedstocks such as petroleum pitch and coal tar pitch. Currently, carbon products represents a market of roughly 5 million tons domestically, and 19 million tons worldwide. Carbon products are mainly derived from feedstocks such as petroleum pitch and coal tar pitch. The domestic supply of petroleum pitch is declining because of the rising price of liquid fuels, which has caused US refineries to maximize liquid fuel production. As a consequence, the long term trend has a decline in production of petroleum pitch over the past 20 years. The production of coal tar pitch, as in the case of petroleum pitch, has likewise declined significantly over the past two decades. Coal tar pitch is a byproduct of metallurgical grade coke (metcoke) production. In this industry, modern metcoke facilities are recycling coal tar as fuel in order to enhance energy efficiency and minimize environmental emissions. Metcoke production itself is dependent upon the production requirements for domestic steel. Hence, several metcoke ovens have been decommissioned over the past two decades and have not been replaced. As a consequence sources of coal tar are being taken off line and are not being replaced. The long-term trend is a reduction in coal tar pitch production. Thus import of feedstocks, mainly from Eastern Europe and China, is on the rise despite the relatively large transportation cost. To reverse this trend, a new process for producing carbon products is needed. The process must be

  17. Prospects and technical and economic evaluation of methods for obtaining synthetic liquid from coal

    Energy Technology Data Exchange (ETDEWEB)

    Shlikhter, E B; Khor' kov, A V; Zhorov, Y M

    1980-11-01

    Rising oil prices and the exhaustion of cheap organic fuels point to the need for chemical processing of coal to obtain synthetic liquid fuels. Added importance for such development in the USSR is dictated by the remote location of many coal deposits, such as the Kansko-Achinsk basin. Methods for synthesizing described include thermal dissolution in a hydrogen donor solvent, hydrogenation, and gasification with subsequent synthesis and pyrolysis. The need for improved technology is stressed. Cost factors are related to the chemical process involved, rather than to losses in fuel quantities, and the methanol produced is readily transported by pipeline. It can be used for both gasoline and diesel fuels.

  18. Economic outlook for coal

    International Nuclear Information System (INIS)

    Denis Casey.

    1997-01-01

    Coal still a fundamental component of two major industries in New South Wales- electricity production and steel making. Its future will be shaped by its ability to meet expected international increases in demand for thermal coal, and by profitability and possible impact of greenhouse strategy decisions. By 2002 the demand for the State's coal is estimated at a total of 116 million tons and it expected to play an increased role in the fuel mix for electricity generation because of its competitive price, established technologies and abundant supply

  19. Industrial coal utilization

    Energy Technology Data Exchange (ETDEWEB)

    None

    1979-01-01

    The effects of the National Energy Act on the use of coal in US industrial and utility power plants are considered. Innovative methods of using coal in an environmentally acceptable way are discussed: furnace types, fluidized-bed combustion, coal-oil-mixtures, coal firing in kilns and combustion of synthetic gas and liquid fuels. Fuel use in various industries is discussed with trends brought about by uncertain availability and price of natural gas and fuel oils: steel, chemical, cement, pulp and paper, glass and bricks. The symposium on Industrial Coal Utilization was sponsored by the US DOE, Pittsburgh Energy Technology Center, April 3 to 4, 1979. Twenty-one papers have been entered individually into the EDB. (LTN)

  20. Update of China economy and coal market

    International Nuclear Information System (INIS)

    Suen, H.

    2010-01-01

    This presentation discussed the surge in China's coal imports. The depressed demand for coal worldwide made huge tonnages available for the Chinese to buy at the same time that there was a willingness to sell coal more cheaply to compete with the Chinese domestic supply price and a coal shortage in China resulting from mine closures and consolidations. The Chinese Government is seeking to slow economic growth to control inflation and prevent an overheated economy. The government emphasis is on energy saving and emission reduction, production cuts at high energy consuming plants, the closure of outdated steel mills, and a restriction on power production. Steel production is expected to fall in the second half of the year as a result of surpluses. China's coal imports will increase in 2010; however, the consolidation process is now completed, and the new capacity will begin to be released in the second half of the year, ending the domestic coal shortage. The increase in the domestic market is constraining price increases. Premium hard coking coal (HCC) remains tight, but normal grade coals are in surplus and facing pressure to reduce prices. China's domestic coal prices form the bottom for the world coal market. Chinese import demand will continue, but demand is expected to gradually decline and be lower in 2011 as the domestic supply becomes sufficient. Nevertheless, China will always have a tremendous demand for coal and needs to import premium HCC. China adopted a quarterly price for the first time this year. 5 tabs., 4 figs.

  1. Impacts of seaborne trade on coal importing countries: Atlantic market

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-07-15

    In recent years, there has been a convergence of international trade with traditional domestic markets. With imports increasing in many coal-producing regions, the influence of trade on domestic markets has been twofold: firstly, imported coal displaces domestic production, and in doing so, and secondly international price trends may drive prices of what remains of the indigenous market for coal.

  2. The Impact of Energy Price Decline on China's Energy-Economy-Environment System Variables Using a CGE Model

    DEFF Research Database (Denmark)

    Guo, Zhengquan; Wang, Daojuan; Chen, Chong

    In recent years, prices of coal and crude oil have fallen significantly. These declines have had a large impact on China’s energy-economy-environment system variables. This paper establishes a computable general equilibrium model to systematically analyse the impact of coal price changes alone...... or the decline of both coal and oil prices on the variables of China's energy-economy-environment system. The results of the analysis show that the decline of the coal price alone or of coal and crude oil prices together will lead to a significant increase in demand for either coal and total energy or coal...

  3. Impacts of high energy prices on long-term energy-economic scenarios for Germany

    Energy Technology Data Exchange (ETDEWEB)

    Krey, V.; Markewitz, P. [Research Center Juelich, Inst. of Energy Res., Systems Analysis and Technology Evaluation, Juelich (Germany); Horn, M. [DIW Berlin, Berlin (Germany); Matthes, C.; Graichen, V.; Harthan, R.O.; Repenning, J. [Oeko-Institut, Berlin (Germany)

    2007-05-15

    Prices of oil and other fossil fuels on global markets have reached a high level in recent years. These levels were not able to be reproduced on the basis of scenarios and prognoses that were published in the past. New scenarios, based on higher energy price trajectories, have appeared only recently. The future role of various energy carriers and technologies in energy-economic scenarios will greatly depend on the level of energy prices. Therefore, an analysis of the impact of high energy prices on long-term scenarios for Germany was undertaken. Based on a reference scenario with moderate prices, a series of consistent high price scenarios for primary and secondary energy carriers were developed. Two scenarios with (i) continuously rising price trajectories and (ii) a price shock with a price peak during the period 2010-15 and a subsequent decline to the reference level are analysed. Two types of models have been applied in the analysis. The IKARUS energy systems optimisation model covers the whole of the German energy system from primary energy supply down to the end-use sectors. Key results in both high price scenarios include a replacement of natural gas by hard coal and renewable energy sources in electricity and heat generation. Backstop technologies like coal liquefaction begin to play a role under such conditions. Up to 10% of final energy consumption is saved in the end-use sectors, with the residential and transport sector being the greatest contributors. Even without additional restrictions, CO{sub 2} emissions significantly drop in comparison to the reference scenario. The ELIAS electricity investment analysis model focuses on the power sector. In the reference scenario with current allocation rules in the emissions trading scheme, the CO{sub 2} emissions decrease relatively steadily. The development is characterised by the phaseout of nuclear energy which is counterweighted by the increase of renewable. In the high price scenario, the CO{sub 2

  4. Quality aspects of thermal coal marketing

    International Nuclear Information System (INIS)

    Dunstone, D.

    1998-01-01

    Australia's thermal coal industry is under increasing competition. A successful marketing strategy must distinguish the product from that of Australian competitors, leaving the buyer in no doubt as to its value. The marketing of thermal coal is a very different experience and encompasses an interesting commercial and technical mix. The technical merits of a coal may be effectively used to prepare the way for a sale. However, once the technical hurdle is passed (i.e. the coal is classified as acceptable), the three factors which influence the sale are price, price and price. The other aspect of marketing is that marketing, especially technical market support, must realize that the buyer often has no experience in using the coals purchased. This is particularly true with thermal coals. Virtually no thought is given as to how the coal performs or how much is used. Consequently, it is not uncommon for cheap, low quality coals to be purchased, even though it is not the choice that will result in the lowest power generation cost when all other factors are taken into consideration. The author has developed a model which allows to differentiate between coals for a range of properties relative to the use of the coal, so that a coal company can calculate the break-even price in term of cost per kWh of electricity generated and enable a more valid cost comparison between coals to be made

  5. Electricity privatisation and the Scottish coal industry

    Energy Technology Data Exchange (ETDEWEB)

    Davies, P.

    1988-09-01

    In the run up to the privatisation of the electricity supply industry in Scotland, the South of Scotland Electricity Board (SSEB) is involved in a battle for power with British Coal's Scottish area over the price of its coal, the bulk of which has been purchased by the SSEB in recent years. The SSEB has been trying to persuade British Coal to bring its prices down to those currently available on the world market. This would require a reduction of some 30%. The SSEB has backed up its requests by threatening to import more foreign coal if British Coal refuses to comply.

  6. Was abandonment of the review clause a mistake? Evaluation of management flexibility in the German coal mining industry on the basis of real options; War die Aufgabe der Revisionsklausel ein Fehler? Beurteilung unternehmerischer Flexibilitaet im deutschen Steinkohlenbergbau auf Basis von Realoptionen

    Energy Technology Data Exchange (ETDEWEB)

    Bendiek, Ansgar [Hochtief Concessions AG, Essen (Germany)

    2012-07-01

    The author analyses the decision to abandon the co called ''review clause'' (which was the right to revisit the decision to close German hard coal mines in 2012), and thus management flexibility on the basis of the option price theory and use of hedging instruments (derivatives) in coal trading. Only the case of coal production without any subsidies will be taken into account. The original intention of the review clause to subsidise coal production for further years will be left aside. Abandonment of the review clause destroyed a value of the real option of approx. 819 Mio. EUR. It should be agreed with the politicians that the decision concerning potential extension of coal production without subsidies should be made at the end of 2015. At this point in time the coal price for 2019 to 2021 can be locked in by forward contracts. A prerequisite for coal mining without subsidies would be an increase in the coal price of 3.1% p.a., which is only slightly above the inflation rate and seems to be realistic against the background of rising oil prices and increased scarcity of natural resources. (orig.)

  7. Energy prices and substitution in United States manufacturing plants

    Science.gov (United States)

    Grim, Cheryl

    Persistent regional disparities in electricity prices, growth in wholesale power markets, and recent deregulation attempts have intensified interest in the performance of the U.S. electric power industry, while skyrocketing fuel prices have brought renewed interest in the effect of changes in prices of all energy types on the U.S. economy. This dissertation examines energy prices and substitution between energy types in U.S. manufacturing. I use a newly constructed database that includes information on purchased electricity and electricity expenditures for more than 48,000 plants per year and additional data on the utilities that supply electricity to study the distribution of electricity prices paid by U.S. manufacturing plants from 1963 to 2000. I find a large compression in the dispersion of electricity prices from 1963 to 1978 due primarily to a decrease in quantity discounts for large electricity purchasers. I also find that spatial dispersion in retail electricity prices among states, counties and utility service territories is large, rises over time for smaller purchasers, and does not diminish as wholesale power markets expand in the 1990s. In addition, I examine energy type consumption patterns, prices, and substitution in U.S. manufacturing plants. I develop a plant-level dataset for 1998 with data on consumption and expenditures on energy and non-energy production inputs, output, and other plant characteristics. I find energy type consumption patterns vary widely across manufacturing plants. Further, I find a large amount of dispersion across plants in the prices paid for electricity, oil, natural gas, and coal. These high levels of dispersion are accounted for by the plant's location, industry, and purchase quantity. Finally, I present estimates of own- and cross-price elasticities of demand for both the energy and non-energy production inputs.

  8. Bright outlook for coal

    International Nuclear Information System (INIS)

    Anon

    2001-01-01

    After enduring contract price cuts over the past two years of almost 17% for thermal coal and 23% for hard coking coal, the New South Wales coal industry is looking forward to a reversal of fortune for 2001. Increased export demand, improved prices, significant improvements in mine site productivity, a weak Australian dollar and the probability of a number of new projects or extensions progressing to development are likely to result in an increase in NSW saleable production to around 110 million tonnes (Mt) in 2000-01. Sharply weaker coal prices over the past two years, intensified international competition and the Asian economic downturn had a negative impact on profitability, investment, exports and employment in the NSW coal industry. As a result, the industry has undergone substantial restructuring. The restructuring process has led to a consolidation in ownership, reduced production costs and improved operational efficiency. The outcome is an industry well positioned to take advantage of the positive market conditions and one likely to experience levels of profitability not achieved over the past few years

  9. Protection of the German coal industry

    Energy Technology Data Exchange (ETDEWEB)

    Jones, S; Savage, E

    1989-06-01

    Within Germany, subsidies to the domestic coal industry are raising taxes, increasing electricity prices, constraining industry competitiveness and causing distortions to resource allocation decisions. Coal assistance policies raise the costs of German industry, particularly those which use coal and electricity. In the case of assistance to steaming coal production, subsidies are less explicit, making the direct cost of continued support to the industry less obvious. If Germany deregulated its coal industry, it would become a major coal importer, conceivably importing as much as 60 Mt a year. Such an increase in import demand would raise world coal trade volume significantly. The impact of liberalisation on world coal prices would depend on the extent and timing of liberalisation and the responsiveness of suppliers to the increased import demand. 13 refs., 5 figs., 2 tabs.

  10. The renaissance of coal

    International Nuclear Information System (INIS)

    Schernikau, Lars

    2013-01-01

    There is hardly another energy resource where public opinion and reality lie as far apart as they do for coal. Many think of coal as an inefficient relic from the era of industrialisation. However, such views underestimate the significance of this energy resource both nationally and globally. In terms of global primary energy consumption coal ranks second behind crude oil, which plays a central role in the energy sector. Since global electricity use is due to rise further, coal, being the only energy resource that can meet a growing electricity demand over decades, stands at the beginning of a renaissance, and does so also in the minds of the political leadership. Coal is indispensable as a bridging technology until the electricity demand of the world population can be met primarily through renewable resources.

  11. TVA on competition in the coal and uranium industries

    International Nuclear Information System (INIS)

    Norman, D.; Guerrieri, U.A.

    1979-01-01

    A critique of the Tennessee Valley Authority (TVA) review of competition in the two industries reviews several versions and updates of the report and compares them with the Wilson report. The authors find inconsistencies and errors in TVA's arguments and evidence. They argue that the reports do not demonstrate a cause and effect relationship between oil company entry into coal and uranium markets and rising prices and concentration. Instead the reports merely assert such a relationship, then use their assertion as the sole basis for policy recommendations. 1 figure, 6 tables

  12. Coal resources availability in Botswana

    International Nuclear Information System (INIS)

    Modisi, M.P.

    1990-01-01

    This paper reports that Southern Africa, and Botswana in particular, is well-endowed with relatively large reserves of coal. The existence of coal in Botswana has been known since the end of the last century. Exploration activities by the Geological Survey and the private sector led to the discovery of major deposits and by the late 1960s reserves capable of supporting a mine at Morupule for the domestic market has been confirmed. The oil crises of 1973-74 and 1978-79 stimulated increased interest in coal exploration the world over and Botswana attracted several private sector companies looking for coal that could be traded on the international market. As a result vast resources and reserves of low to medium quality bituminous coal, suitable for the export market, were proved. Resources amounting to 21,680 million tonnes of in situ coal had been revealed by 1987. Reserves of possible economic exploitation are estimated at 10,180 million tonnes in two coal field areas, namely the Morupule Coal Field and the Mmamabula Coal Field. Since the collapse of oil prices and consequently coal prices in the mid-1980s, enthusiasm for coal exploration has plummeted and relatively little prospecting has taken place. The coal occurs within the Upper Carboniferous to Jurassic Karoo Supergroup which underlies some 60 percent of the country's land surface. The western part of the country is mantled by the Kalahari beds, a top layer of unconsolidated sands masking bedrock geology. Although coal seams have been intersected in boreholes in this western area, most exploration activity has taken place in the eastern part of the country where the Morupule and Mmamabula coal fields are located. It is in the east that most of the population is concentrated and infrastructure has been developed

  13. Overcapacity forces change on the coal industry

    Energy Technology Data Exchange (ETDEWEB)

    Soras, C.; Stodden, J.

    1987-09-01

    This article discusses the recent economic factors which have affected the coal mining industry in the USA, these include OPEC world oil prices, hostilities in the Gulf, strikes by miners and consumption rates. The recent years of over capacity have brought about key changes in the structure of the coal business and these are covered. The article forecasts an improvement in the market for coal, a free enterprise in the power market and a smaller but stronger coal industry in years to come.

  14. Proceedings of the sixth APEC Coal Flow Seminar. Coal in the new millennium

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-08-01

    The 6th APEC Coal Flow Seminar titled on 'The coal in the new millennium' was held in Korea from March 14 to March 16, 2000, and the proceedings were summed up. In this seminar, as to economies of coal consumption countries and coal supply countries in the APEC region, discussions were made on coal supply/demand, coal price, environmental problems and others. The keynote address was 'Twenty first century coal in the APEC region and Republic of Korea' given by Mr. Gam Yeol Lee from Korea. The main theme of the seminar was 'The status quo for the coal market,' and lectures titled on the following were given from Japan: 'The status quo of coal purchase by the Japanese electric company and its outlook' and 'A perspective of coal fired IPP under environmental constraints and deregulation of electricity.' Lectures from Australia: 'Responding to coal market growth in APEC regions by the Australian coal industry' and 'The coal price impact on coal supply and demand.' Further discussions were made on 'The long-term outlook for coal supply/demand' and 'Economies report on the outlook for coal supply/demand.' (NEDO)

  15. Proceedings of the sixth APEC Coal Flow Seminar. Coal in the new millennium

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-08-01

    The 6th APEC Coal Flow Seminar titled on 'The coal in the new millennium' was held in Korea from March 14 to March 16, 2000, and the proceedings were summed up. In this seminar, as to economies of coal consumption countries and coal supply countries in the APEC region, discussions were made on coal supply/demand, coal price, environmental problems and others. The keynote address was 'Twenty first century coal in the APEC region and Republic of Korea' given by Mr. Gam Yeol Lee from Korea. The main theme of the seminar was 'The status quo for the coal market,' and lectures titled on the following were given from Japan: 'The status quo of coal purchase by the Japanese electric company and its outlook' and 'A perspective of coal fired IPP under environmental constraints and deregulation of electricity.' Lectures from Australia: 'Responding to coal market growth in APEC regions by the Australian coal industry' and 'The coal price impact on coal supply and demand.' Further discussions were made on 'The long-term outlook for coal supply/demand' and 'Economies report on the outlook for coal supply/demand.' (NEDO)

  16. Coal liquids -- Who needs them?

    International Nuclear Information System (INIS)

    Gray, D.; Tomlinson, G.

    1995-01-01

    The paper discusses the global energy demand situation as presented at the last World Energy Congress. The total energy demand was calculated for each country and projected to 2100. The paper then discusses the energy situation in the United States, especially the forecasted demand for crude oil and natural gas liquids. Imports will be needed to make up the shortfall in domestic production. The shortfall in conventional petroleum could be supplied by converting coal into liquid fuels. Currently the cost of high quality coal liquids is too high to compete with petroleum, but trends suggest that the price will be competitive in the year 2030 using current technology. Continuing research on coal liquefaction will reduce the price of coal liquids so that coal liquids could play a significant role sooner

  17. Driving forces and barriers in the development and implementation of coal-to-liquids (CtL) technologies in Germany

    International Nuclear Information System (INIS)

    Vallentin, Daniel

    2008-01-01

    Because of a growing global energy demand and rising oil prices coal-abundant nations, such as China and the United States, are pursuing the application of technologies which could replace crude oil imports by converting coal to synthetic hydrocarbon fuels-so-called coal-to-liquids (CtL) technologies. The case of CtL is well suited to analyse techno-economic, resources-related, policy-driven and actor-related parameters, which are affecting the market prospects of a technology that eases energy security constraints but is hardly compatible with a progressive climate policy. This paper concentrates on Germany as an example-the European Union (EU)'s largest member state with considerable coal reserves. It shows that in Germany and the EU, CtL is facing rather unfavourable market conditions as high costs and ambitious climate targets offset its energy security advantage

  18. Coal pre-feasibility assessment

    International Nuclear Information System (INIS)

    1994-03-01

    It examines the feasibility of using coal from the Delbi-Moya reserve for domestic or institutional cooking, industrial process heating and electricity generation. It indicates as coal can be mined from the Delbi reserve at a cost of EB110/tonne, can be processed for EB400/tonne and transported to Addis Ababa for 150/tonne. The wholesale price of coal briquettes in Addis Ababa would be EB750/tonne. Domestic users can save EB475 per year by switching from charcoal to coal briquettes. And for a 50MW plant annual saving would be of the order of EB30 million per year. 11 tab. 4 figs. 6 appendex

  19. Rising food prices and household food security

    African Journals Online (AJOL)

    produce),4 which is the case for the majority of South Africans. In South Africa ... Expressed as a proportion of average monthly income, the increase in the cost of .... innovation in food, nutrition and broader agricultural policies. Mieke Faber ...

  20. Coking coal outlook from a coal producer's perspective

    International Nuclear Information System (INIS)

    Thrasher, E.

    2008-01-01

    Australian mine production is recovering from massive flooding while Canadian coal shipments are limited by mine and rail capacity. Polish, Czech, and Russian coking coal shipments have been reduced and United States coking coal shipments are reaching their maximum capacity. On the demand side, the Chinese government has increased export taxes on metallurgical coal, coking coal, and thermal coal. Customers seem to be purchasing in waves and steel prices are declining. This presentation addressed the global outlook for coal as well as the challenges ahead in terms of supply and demand. Supply challenges include regulatory uncertainty; environmental permitting; labor; and geology of remaining reserves. Demand challenges include global economic uncertainty; foreign exchange values; the effect of customers making direct investments in mining operations; and freight rates. Consolidation of the coal industry continued and several examples were provided. The presentation also discussed other topics such as coking coal production issues; delayed mining permits and environmental issues; coking coal contract negotiations; and stock values of coking coal producers in the United States. It was concluded that consolidation will continue throughout the natural resource sector. tabs., figs

  1. Squaring the circle on thermal coal

    International Nuclear Information System (INIS)

    Grossman, S.

    2008-01-01

    Participants in the Pacific market have much to gain by understanding how and why coal prices fluctuate. This presentation addressed market issues pertaining to the supply and demand for coal. It discussed commoditisation, the process by which a product moves from being a unique or differentiated product to a commodity. While price volatility is a measurement of the change in price over a given time period, it is often expressed as a percentage and computed as the annualized standard deviation of percentage change in daily price. This price volatility and its causes was also reviewed. The driving forces of commoditisation include demand for price transparency; change from traditional buying and selling patterns; and external factors. Price volatility occurs when logistics have not kept pace with product flow. Volatility can be attributed to supply and demand speculation, margin calls and the link between the price of coal and other fossil fuels, especially in Europe. The demand for price transparency as well as the change from traditional buying and selling patterns were discussed. It was concluded that the volatility of coal prices will increase as coal becomes increasingly affected by the global energy market. tabs., figs

  2. Fiscal 1997 survey of the overseas coal import base preparation/improvement. Survey of a coal flow in China; 1997 nendo kaigaitan yunyu kiban seibi sokushin chosa. Chugoku ni okeru coal flow ni kansuru chosa

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-03-01

    The paper surveyed the preparation of the coal transportation infrastructure, status of its running, economical efficiency, etc. in terms mainly of the trend of coal production/consumption in China, and coal railroad/water transportation and electric power transportation by mine-mouth power generation. From the survey, the following conclusions were obtained. As to the coal which China uses as a main energy for maintaining the present high economic growth as targeted, there will remain the coal transportation problem between production site (north and west) and consumption site (east and south) still in the future (in 2000 and 2010). China is now facing with a big turning point in a socioeconomic aspect. The advancing opening market policy brought steep rises in energy prices such as coal and electric power, which is affecting various fields. Further, the energy related laws, which were unprepared, are abruptly being prepared, and the environment for the introduction of foreign investment, which is expected to be accelerated, is being prepared. In the future, attention should be paid to environmental problems such as air pollution, acid rain and global warming. 48 figs., 96 tabs.

  3. Coal in competition

    Energy Technology Data Exchange (ETDEWEB)

    Manners, G

    1985-06-01

    During the past decade world coal consumption has expanded by about 26% whilst energy demands overall have grown by only 17%. This is because of the increased price of oil products, plus a period during which the costs of mining coal in many parts of the world have been moderately well contained. Over-ambitious forecasts of coal demand have encouraged the considerable over-investment in coalmining capacity that exists today. Costs of winning coal and transporting it are low, but sales depend on the rate of growth of a country's demand for energy. Some countries are more successful at marketing coal than others. Amongst the major factors that influence the rate of substitution of one source of energy for another is the nature and age of the boiler stock. The outcome of the developing environmental debate and calls for reduction in SO/sub 2/ and NO/sub x/ emissions from coal-fired boilers is going to affect coal's fortunes in the 1990's.

  4. US and world coal trade

    Energy Technology Data Exchange (ETDEWEB)

    Stevens, B

    1988-07-01

    This paper reviews the US's coal trade with other countries in the world. Despite being pressed to support domestic coal producers, US utilities are looking towards Colombia for more of their supplies. Whilst the amount of Colombian coal imported into the US is small, it is a combination of this and coal imported from Australia, Canada and China which is causing concern. Studies indicate that the volume of coal imported into the US may rise to 3 Mt/year within three years. Coal exports may suffer if Brazil bans the import of significant quantities of US coking coal in retaliation against American trade sanctions against Brazilian computer import barriers. Also, Romania is expected to impose tariffs on US imports which will have an impact on US coal exported to Romania. US remains the top coal exporter to the European Communities but its lead was cut back due to a big rise of Australian export. A portion of EC market has also been lost to the USSR and Poland. Meanwhile, Japan is resisting buying US's steam coal because it is too expensive.

  5. Too Much Coal, too little Oil

    NARCIS (Netherlands)

    van der Ploeg, F.; Withagen, C.A.A.M.

    2012-01-01

    Our main message is that it is optimal to use less coal and more oil once one takes account of coal being a backstop which emits much more CO2 than oil. The way of achieving this is to have a steeply rising carbon tax during the initial oil-only phase, a less-steeply rising carbon tax during the

  6. Minerals Price Increases and Volatility: Causes and Consequences

    National Research Council Canada - National Science Library

    Cooney, Stephen; Nanto, Dick K

    2008-01-01

    .... Prices have at least nearly doubled between 2001 and 2008. In the case of steel, the most widely used industrial metal, the rise in price appears largely driven by the high prices of iron ore and steel scrap...

  7. The nuclear invasion hinders coal's growth

    Energy Technology Data Exchange (ETDEWEB)

    Soras, C.G.; Stodden, J.R.

    1986-09-01

    Although there were favourable signs for coal at the start of the year, coal exports for the USA are now down and industry employment continues to dwindle; coal's prospects have been hurt by the arrival of more nuclear generating capacity and also the fall in world oil prices. Coal inventories have come under pressure: Discusses the possibility of growth in the context of the world economy and the effect of interest rates on the coal market.

  8. The logic of the primary energy prices evolution

    International Nuclear Information System (INIS)

    Giraud, P.N.

    1992-01-01

    This paper deals, very briefly, with the basis factors determining the prices levels of the primary energies and the logic of their evolution both in the short and in the long term. It first gives definitions: of the limits of mineral commodities prices fluctuations and of the long term equilibrium prices. Then, it tries to demonstrate three points: (1) Coal and nuclear electricity prices are driven in the long term only by their own production and environmental costs. Moreover, coal prices fluctuations are surrounded by factors which are basically independent from oil prices. (2) There is no such thing as one single equilibrium price for oil, but several ones, depending on political factors, and among them, on the degree of consensus between the 'Five' of the Gulf (Saudi Arabia, Iran, Irak, Koweit, The Emirates). (3) Natural gas prices are in an intermediate situation, but tend to get closer to the case of coal and nuclear prices. 4 figs

  9. Coal: Less than lackluster

    International Nuclear Information System (INIS)

    Doerell, P.

    1994-01-01

    Not many in the world coal industry will remember 1993 as a good year. The reasons for the poor state of affairs were first the weak economic climate, and second, the energy glut. For the first time after expanding steadily since the 70s, seaborne trade in hard coal fell by about 4% to 350M mt. Steam coal accounted for a good half of this volume. While demand continued to rise in the newly industrialized countries of the Pacific area, imports into Europe of both coking coal and steam coal fell sharply. The United States, CIS, and Canada had to accept substantial losses of export volume. Australia, as well as South Africa, Colombia, and Indonesia consolidated their market positions and Poland, too, recorded high volumes available for export. The positive news came from Australia, where in mid-December the New South Wales coal industry reported an increase in the net profit after tax from $A83M (about $55M) to $A98M (about $126M) in 1992/1993. This success was however ascribed less to an improvement in the fundamental mining indicators than to the fall in the Australian dollar and the lowering of corporate tax. The reduction in capital investment by 26% down to $A330M (after the previous year when it had also been cut by 25%) is seen by the chairman of the NSW Coal Assoc. as not auguring well for the industry's ability to meet the forecast growth in demand to the year 2000

  10. Coal 99; Kol 99

    Energy Technology Data Exchange (ETDEWEB)

    Sparre, C

    2000-07-01

    in equipment for burning pellets instead of coal. In Linkoeping waste of rubber is mixed with coal. Also Soederenergi AB has rebuilt their three coal boilers and replaced 100 % of the coal by peat and wood fuels. Coal is a reserve fuel. Several co-generation plants like Linkoeping, Norrkoeping, Uppsala and Oerebro use both coal and forest fuels. The use of coal is then concentrated to the electricity production. The average price of steam coal imported in Sweden in 1998 was 370 SEK/ton or the same as in 1997. For the world, the average import price fell about 6 USD/ton to 32 USD/ton. The price fall was concentrated to the 4th quarter. The prices have continued to fall during 1999 as a result of the crisis in Asia but are now stabilising as a result of increasing oil prices. All Swedish plants meet their emission limits of dust, SO{sub 2} and NO{sub x}, given by county administrations or concession boards. The co-generation plants have all some sort of SO{sub 2}-removal system. Mostly used is the wet-dry method. The biggest co-generation plant, in Vaesteraas, has recently invested in a catalytic NO{sub x}-cleaning system type SCR, which is reducing the emission level 80-90 %. Most other plants are using low NO{sub x}- burners or injection systems type SNCR, based on ammonium or urea, which are reducing the emissions 50-70 %. A positive effect of the recently introduced NO{sub x}-duties is a 60 % reduction compared to some years ago, when the duties were introduced. World hard coal production was about 3 700 tons in 1998, a minor decrease compared to 1997. The trade, however, has increased about 3 % to 520 mill tons. The coal demand in the OECD-countries has increased about 1,7 % yearly during the last ten years. The coal share of the energy supply is about 20% in the OECD-countries and 27% in the whole world. Several sources estimate a continuing growth during the next 20 years in spite of an increasing use of natural gas and nuclear power. The reason is a strong

  11. Coal slurries: An environmental bonus?

    International Nuclear Information System (INIS)

    Basta, N.; Moore, S.; Ondrey, G.

    1994-01-01

    Developers and promoters of coal-water slurries and similar CWF (coal-water fuel) technologies have had a hard time winning converts since they unveiled their first commercial processes in the 1970s. The economic appeal of such processes, marginal at best, varies with the price of oil. Nevertheless, the technology is percolating, as geopolitics and environmental pressures drive new processes. Such fuels are becoming increasingly important to coal-rich, oil-poor nations such as China, as they attempt to build an onshore fuel supply. Meanwhile, improvements are changing the way coal-fired processes are viewed. Where air pollution regulations once discouraged the use of coal fuels, new coal processes have been developed that cut nitrous oxides (NOx) emissions and provide a use for coal fines, previously viewed as waste. The latest developments in the field were all on display at the 19th International Technical Conference on Coal Utilization and Fuel Systems, held in Clearwater, Fla., on March 21--24. At this annual meeting, sponsored by the Coal and Slurry Technology Association, (Washington, D.C.) and the Pittsburgh Energy Technology Center of the US Dept. of Energy (PETC), some 200 visitors from around the work gathered to discuss the latest developments in coal slurry utilization--new and improved processes, and onstream plants. This paper presents highlights from the conference

  12. New coal

    Energy Technology Data Exchange (ETDEWEB)

    1979-07-01

    Specially dedicated to coal, this edition comprises a series of articles of general interest dealing with the position of the French coalmining industry (interview with M.P. Gardent), the coal market in France, the work of CERCHAR, etc. New techniques, in-situ gasification of deep coal, gasification of coal by nuclear methods, the conversion of coal into petrol, the Emile Huchet power plant of Houilleres du Bassin de Lorraine, etc., are dealt with.

  13. Coal upgrading

    Energy Technology Data Exchange (ETDEWEB)

    Nunes, S. [IEA Clean Coal Centre, London (United Kingdom)

    2009-10-15

    This report examines current technologies and those likely to be used to produce cleaner coal and coal products, principally for use in power generation and metallurgical applications. Consideration is also given to coal production in the leading coal producing countries, both with developed and developing industries. A range of technologies are considered. These include the coal-based liquid fuel called coal water mixture (CWM) that may compete with diesel, the production of ultra-clean coal (UCC) and coal liquefaction which competes with oil and its products. Technologies for upgrading coal are considered, especially for low rank coals (LRC), since these have the potential to fill the gap generated by the increasing demand for coal that cannot be met by higher quality coals. Potential advantages and downsides of coal upgrading are outlined. Taking into account the environmental benefits of reduced pollution achieved through cleaner coal and reduced transport costs, as well as other positive aspects such as a predictable product leading to better boiler design, the advantages appear to be significant. The drying of low rank coals improves the energy productively released during combustion and may also be used as an adjunct or as part of other coal processing procedures. Coal washing technologies vary in different countries and the implications of this are outlined. Dry separation technologies, such as dry jigging and electrostatic separation, are also described. The demonstration of new technologies is key to their further development and demonstrations of various clean coal technologies are considered. A number of approaches to briquetting and pelletising are available and their use varies from country to country. Finally, developments in upgrading low rank coals are described in the leading coal producing countries. This is an area that is developing rapidly and in which there are significant corporate and state players. 81 refs., 32 figs., 3 tabs.

  14. Delegating pricing power to customers: Pay what you want or name your own price?

    OpenAIRE

    Krämer, Florentin; Schmidt, Klaus M.; Spann, Martin; Stich, Lucas

    2015-01-01

    Pay What You Want (PWYW) and Name Your Own Price (NYOP) are customer driven pricing mechanisms that give customers (some) pricing power. Both have been used in service industries with high fixed costs to price discriminate without setting a reference price. Their participatory and innovative nature gives rise to promotional benefits that do not accrue to posted-price sellers. We explore the nature and effects of these benefits and compare PWYW and NYOP using controlled lab experiments. We sho...

  15. Coal business heats up in the US

    Energy Technology Data Exchange (ETDEWEB)

    Mohan, M. [CN Rail (United States)

    2002-03-01

    The fact that CN's Coal Business Unit moved just under 50 million t of coal in 2001 would have been unimaginable just a year earlier, as CN's coal franchise faced a number of challenges last year. On the metallurgical side, where bituminous coal is used in steel production, rising extraction costs in relation to national and international values forced the closure of three CN-served mines in 2000: TeckCominco's Quinteet mine in British Columbia; Smoky River Coal's Smoky River facility and Luscar's Gregg River mine, Alberta. As for thermal coal, utilities had been moving to alternative fuels, maintaining only low coal inventories, and there were few plans for new coal plants. The article explains how North America's railroad helps fuel growing demand for thermal and metallurgical coal. 5 photos.

  16. Quarterly coal report, January--March 1998

    Energy Technology Data Exchange (ETDEWEB)

    Young, P.

    1998-08-01

    The Quarterly Coal Report (QCR) provides comprehensive information about US coal production, distribution, exports, imports, receipts, prices, consumption, and stocks to a wide audience, including Congress, Federal and State agencies, the coal industry, and the general public. Coke production, consumption, distribution, imports, and exports data are also provided. This report presents detailed quarterly data for January through March 1998 and aggregated quarterly historical data for 1992 through the fourth quarter of 1997. Appendix A displays, from 1992 on, detailed quarterly historical coal imports data. To provide a complete picture of coal supply and demand in the United States, historical information has been integrated in this report. 58 tabs.

  17. Quarterly coal report, October--December 1996

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-05-01

    The Quarterly Coal Report (QCR) provides comprehensive information about US coal production, distribution, exports, imports, receipts, prices, consumption, and stocks to a wide audience, including Congress, Federal and State agencies, the coal industry, and the general public. Coke production, consumption, distribution, imports, and exports data are also provided. This report presents detailed quarterly data for October through December 1996 and aggregated quarterly historical data for 1990 through the third quarter of 1996. Appendix A displays, from 1988 on, detailed quarterly historical coal imports data. To provide a complete picture of coal supply and demand in the US, historical information has been integrated in this report. 8 figs., 72 tabs.

  18. Survey of the energy market in Germany in 2000. Primary energy consumption - carbon dioxide emissions - mineral oil - lignite - coal - natural gas - electricity - energy prices - import bill; Deutscher Energiemarkt 2000. Primaerenergie - Treibhausgas-Emissionen - Mineraloel - Braunkohle - Steinkohle - Erdgas - Elektrizitaet - Energiepreise - Importrechnung

    Energy Technology Data Exchange (ETDEWEB)

    Schiffer, H.W. [RWE Rheinbraun AG, Koeln (Germany)

    2001-03-01

    Primary energy consumption in Germany in 2000 amounted to 483.6m tonnes of coal equivalent and thus decreased by 0.2%, as compared to 1999. The comprehensive survey consists of tabulated data and explanatory comments relating to the developments linked to the various energy sources, change of energy mix, generation technologies and systems, demand factors and consumer behavior, carbon dioxide emissions, renewable energies and cogeneration and the government policies, imports and prices. (orig./CB) [German] Der Primaerenergieverbrauch in der Bundesrepublik Deutschland belief sich im Jahr 2000 auf 483,6 Millionen Tonnen Steinkohleneinheiten (Mio. t SKE), d.h. er war 0,2% niedriger als im Vorjahr. Hinsichtlich der Entwicklung in 2000 im Vergleich zu 1999 wurden u.a. folgende Tendenzen festgestellt: 1. Wandel im Energiemix. 2. Rueckgang der CO2-Emissionen, ausser im Verkehrssektor. 3. Gestiegenes Mineraloelaufkommen, aber veraenderte Zusammensetzung. 4. Anstieg bei Gewinnung und Einsatz von Braunkohle, Verringerung bei Steinkohle. Die Daten werden erlaeutert, wobei auch auf geaenderte rechtliche Rahmenbedingungen und die neuere Energiepolitik hingewiesen wird. (orig./CB)

  19. Clean Coal Technologies: Accelerating Commercial and Policy Drivers for Deployment [Russian Version

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-07-01

    Coal is and will remain the world’s most abundant and widely distributed fossil fuel. Burning coal, however, can pollute and it produces carbon dioxide. Clean coal technologies address this problem. The widespread deployment of pollution-control equipment to reduce sulphur dioxide, Nox and dust emissions from industry is just one example which has brought cleaner air to many countries. Since the 1970s, various policy and regulatory measures have created a growing commercial market for these clean coal technologies, with the result that costs have fallen and performance has improved. More recently, the need to tackle rising CO2 emissions to address climate change means that clean coal technologies now extend to include those for CO2 capture and storage (CCS). This short report from the IEA Coal Industry Advisory Board (CIAB) presents industry’s considered recommendations on how to accelerate the development and deployment of this important group of new technologies and to grasp their very signifi cant potential to reduce emissions from coal use. It identifies an urgent need to make progress with demonstration projects and prove the potential of CCS through government-industry partnerships. Its commercialisation depends upon a clear legal and regulatory framework,public acceptance and market-based financial incentives. For the latter, the CIAB favours cap-and-trade systems, price supports and mandatory feed-in tariffs, as well as inclusion of CCS in the Kyoto Protocol’s Clean Development Mechanism to create demand in developing economies where coal use is growing most rapidly. This report offers a unique insight into the thinking of an industry that recognises both the threats and growing opportunities for coal in a carbonconstrained world.

  20. Rising equity

    International Nuclear Information System (INIS)

    Burr, M.T.

    1992-01-01

    This article reports on the results of a financial rankings survey of the independent energy industry indicating that lenders and investors provided more than five billion dollars in capital for new, private power projects during the first six months of 1992. The topics of the article include rising equity requirements, corporate finance, mergers and acquisitions, project finance investors, revenue bonds, project finance lenders for new projects, project finance lenders for restructurings, and project finance advisors

  1. Quarterly coal report, January--March 1992

    International Nuclear Information System (INIS)

    Young, P.

    1992-01-01

    The United States produced 257 million short tons of coal in the first quarter of 1992. This was the second highest quarterly production level ever recorded. US coal exports in January through March of 1992 were 25 million short tons, the highest first quarter since 1982. The leading destinations for US coal exports were Japan, Italy, France, and the Netherlands, together receiving 46 percent of the total. Coal exports for the first quarter of 1992 were valued at $1 billion, based on an average price of $42.28 per short ton. Steam coal exports totaled 10 million short tons, an increase of 34 percent over the level a year earlier. Metallurgical coal exports amounted to 15 million short tons, about the same as a year earlier. US coal consumption for January through March 1992 was 221 million short tons, 2 million short tons more than a year earlier (Table 45). All sectors but the residential and commercial sector reported increased coal consumption

  2. Quarterly coal report, April 1996--June 1996

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1996-11-01

    This report provides information about U.S. coal production, distribution; exports, imports, prices, consumption, and stocks. Data on coke production is also provided. This report presents data for April 1996 thru June 1996.

  3. Coal-92

    International Nuclear Information System (INIS)

    Hillring, B.; Sparre, C.

    1992-11-01

    Swedish consumption of coal and coke during 1991 and trends in technology, environment and market aspects of coal use are reported. Steam coal use in the heating sector was unchanged from 1991, 1.2 Mtons. Reduced consumption in smaller district heating units (due to conversion to biofuels and gas) was compensated by increased use for power generation in cogeneration plants. Coal consumption in industry fell 0.10 Mton to 0.84 Mton due to lower production in one industry branch. Import of steam coal was 1.1 Mton (down 0.5 Mton from 1990) since new rules for strategic reserves allowed a reduction of stocks. During the last five years stocks have been reduced by 2 Mtons. Import of metallurgical coal was 1.6 Mton, unchanged from 1990. The report also gives statistics for the coal using plants in Sweden, on coal R and D, and on emission laws for coal firing. (9 tabs., 2 figs.)

  4. China prices up, ahead of major rail maintenance

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-03-15

    An update is given in China's coal industry. IN a move to keep more of its coal in China, a coal export quota of 38 mt has been set-up. Part. time closure of the Daqin railway line for maintenance is affecting prices. Development projects and mine safety are discussed. 1 photo.

  5. A long-term view of worldwide fossil fuel prices

    International Nuclear Information System (INIS)

    Shafiee, Shahriar; Topal, Erkan

    2010-01-01

    This paper reviews a long-term trend of worldwide fossil fuel prices in the future by introducing a new method to forecast oil, natural gas and coal prices. The first section of this study analyses the global fossil fuel market and the historical trend of real and nominal fossil fuel prices from 1950 to 2008. Historical fossil fuel price analysis shows that coal prices are decreasing, while natural gas prices are increasing. The second section reviews previously available price modelling techniques and proposes a new comprehensive version of the long-term trend reverting jump and dip diffusion model. The third section uses the new model to forecast fossil fuel prices in nominal and real terms from 2009 to 2018. The new model follows the extrapolation of the historical sinusoidal trend of nominal and real fossil fuel prices. The historical trends show an increase in nominal/real oil and natural gas prices plus nominal coal prices, as well as a decrease in real coal prices. Furthermore, the new model forecasts that oil, natural gas and coal will stay in jump for the next couple of years and after that they will revert back to the long-term trend until 2018. (author)

  6. Modelling the impact of oil prices on Vietnam's stock prices

    International Nuclear Information System (INIS)

    Narayan, Paresh Kumar; Narayan, Seema

    2010-01-01

    The goal of this paper is to model the impact of oil prices on Vietnam's stock prices. We use daily data for the period 2000-2008 and include the nominal exchange rate as an additional determinant of stock prices. We find that stock prices, oil prices and nominal exchange rates are cointegrated, and oil prices have a positive and statistically significant impact on stock prices. This result is inconsistent with theoretical expectations. The growth of the Vietnamese stock market was accompanied by rising oil prices. However, the boom of the stock market was marked by increasing foreign portfolio investment inflows which are estimated to have doubled from US$0.9 billion in 2005 to US$1.9 billion in 2006. There was also a change in preferences from holding foreign currencies and domestic bank deposits to stocks local market participants, and there was a rise in leveraged investment in stock as well as investments on behalf of relatives living abroad. It seems that the impact of these internal and domestic factors were more dominant than the oil price rise on the Vietnamese stock market. (author)

  7. Quarterly coal report, July--September 1997

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-02-01

    The Quarterly Coal Report (QCR) provides comprehensive information about US coal production, distribution, exports, imports, receipts, prices, consumption, and stocks. Coke production consumption, distribution, imports, and exports data are also provided. This report presents detailed quarterly data for July through September 1997 and aggregated quarterly historical data for 1991 through the second quarter of 1997. Appendix A displays, from 1991 on, detailed quarterly historical coal imports data. 72 tabs.

  8. South African coal statistics 2006. Marketing manual

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-08-15

    The report shows that South African thermal exports increased 5% from 66.6Mt to 69.9Mt in 2005 and that the country was the world's third largest seaborne exporter of thermal coal last year. Covering local coal consumption, South African coal imports, exports, prices and qualities, the report offers a complete statistical review of 2005. The report also includes details on labour, individual collieries, export and rail infrastructure and Black Empowerment (BEE) companies.

  9. Quarterly coal report, July--September 1998

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-02-01

    The Quarterly Coal Report (QCR) provides comprehensive information about US coal production, distribution, exports, imports, receipts, prices, consumption, and stocks to a wide audience, including Congress, Federal and State agencies, the coal industry, and the general public. Coke production, consumption, distribution, imports, and exports data are also provided. This report presents detailed quarterly data for July through September 1998 and aggregated quarterly historical data for 1992 through the second quarter of 1998. 58 tabs.

  10. Price fairness

    OpenAIRE

    Diller, Hermann

    2013-01-01

    Purpose – The purpose of this article is to integrate the various strands of fair price research into a concise conceptual model. Design/methodology/approach – The proposed price fairness model is based on a review of the fair pricing literature, incorporating research reported in not only English but also German. Findings – The proposed fair price model depicts seven components of a fair price: distributive fairness, consistent behaviour, personal respect and regard for the partner, fair dea...

  11. Hard coal as a source of clean energy in Poland; Wegiel kamienny jako zrodlo czystej energii w Polsce

    Energy Technology Data Exchange (ETDEWEB)

    Ney, R.; Blaschke, W.; Lorenz, U.; Gawlik, L. [Mineral and Energy Economy Research Institute of the Polish Academy of Sciences (Poland)

    2004-07-01

    The paper addresses the issues and problems related to hard coal usage for energy production in Poland. These include coal quality, coal reserves, coal preparation, coal pricing, pollution regulations, and organisation and modernisation of the Polish power industry. 11 refs., 12 tabs.

  12. The Effects of Changing Input Costs on Food Prices

    OpenAIRE

    R. McFall Lamm; Paul C. Westcott

    1981-01-01

    The relationships between changes in food sector input costs and retail food prices are examined. Results indicate that increases in factor prices pass quickly to consumers, within two quarters for most foods. In addition, rising farm-level prices and substantial increases in nonfarm resource prices appear to explain why food prices rose more rapidly than nonfood prices in the 1970s. The analysis is based on a twenty-equation econometric model of the food-price determination process, specifie...

  13. Coal pump

    Science.gov (United States)

    Bonin, John H.; Meyer, John W.; Daniel, Jr., Arnold D.

    1983-01-01

    A device for pressurizing pulverized coal and circulating a carrier gas is disclosed. This device has utility in a coal gasification process and eliminates the need for a separate collection hopper and eliminates the separate compressor.

  14. Dynamic Pricing

    DEFF Research Database (Denmark)

    Sharifi, Reza; Anvari-Moghaddam, Amjad; Fathi, S. Hamid

    2017-01-01

    Dynamic pricing scheme, also known as real-time pricing (RTP), can be more efficient and technically beneficial than the other price-based schemes (such as flat-rate or time-of-use (TOU) pricing) for enabling demand response (DR) actions. Over the past few years, advantages of RTP-based schemes h...... of dynamic pricing can lead to increased willingness of consumers to participate in DR programs which in turn improve the operation of liberalized electricity markets.......Dynamic pricing scheme, also known as real-time pricing (RTP), can be more efficient and technically beneficial than the other price-based schemes (such as flat-rate or time-of-use (TOU) pricing) for enabling demand response (DR) actions. Over the past few years, advantages of RTP-based schemes...

  15. Coal 95; Kol - 95

    Energy Technology Data Exchange (ETDEWEB)

    Sparre, C

    1996-12-31

    The report deals with the use of coal and coke in Sweden during 1994. Some information about technology, environmental questions and markets are also given. Data have been collected by questionnaires to major users and by telephone to minor users. Preliminary statistical data from Statistics Sweden have also been used.The use of steam coal for heating purposes has been unchanged during 1994 at a level of 1 Mtons. The production in the cogeneration plants has been constant, but has increased for electricity production. The minor plants have increased their use of forest fuels. The use of steam coal will probably go down in the next years both for heat and cogeneration plants. During the top year 1987 coal was used in 18 hot water and 11 cogeneration plants. 1994 these figures are 3 and 12. Taxes and environmental reasons explain this trend. The use of steam coal in industry has been constant at the level 0.7 Mtons. The import of metallurgical coal in 1993 was 1.6 Mtons, like 1992. Import of 0.3 Mtons of coke gives the total consumption of coke in industry as 1.5 Mtons. the average price of steam coal imported to Sweden was 317 SEK/ton, 3% higher than 1993. All Swedish plants meet their emission limit of dust, SO{sub 2} and NO{sub x} as given by county administrations or concession boards. The cogeneration plants all have some SO{sub 2} removal system. The biggest cogeneration plant (Vaesteraas) has recently invested in a SCR NO{sub x} cleaning system. Most other plants use low NO{sub x} burners or SNR injection systems based on ammonia or urea. 2 figs, 13 tabs.

  16. Electricity prices and fuel costs. Long-run relations and short-run dynamics

    International Nuclear Information System (INIS)

    Mohammadi, Hassan

    2009-01-01

    The paper examines the long-run relation and short-run dynamics between electricity prices and three fossil fuel prices - coal, natural gas and crude oil - using annual data for the U.S. for 1960-2007. The results suggest (1) a stable long-run relation between real prices for electricity and coal (2) Bi-directional long-run causality between coal and electricity prices. (3) Insignificant long-run relations between electricity and crude oil and/or natural gas prices. And (4) no evidence of asymmetries in the adjustment of electricity prices to deviations from equilibrium. A number of implications are addressed. (author)

  17. Mind your pricing cues.

    Science.gov (United States)

    Anderson, Eric; Simester, Duncan

    2003-09-01

    For most of the items they buy, consumers don't have an accurate sense of what the price should be. Ask them to guess how much a four-pack of 35-mm film costs, and you'll get a variety of wrong answers: Most people will underestimate; many will only shrug. Research shows that consumers' knowledge of the market is so far from perfect that it hardly deserves to be called knowledge at all. Yet people happily buy film and other products every day. Is this because they don't care what kind of deal they're getting? No. Remarkably, it's because they rely on retailers to tell them whether they're getting a good price. In subtle and not-so-subtle ways, retailers send signals to customers, telling them whether a given price is relatively high or low. In this article, the authors review several common pricing cues retailers use--"sale" signs, prices that end in 9, signpost items, and price-matching guarantees. They also offer some surprising facts about how--and how well--those cues work. For instance, the authors' tests with several mail-order catalogs reveal that including the word "sale" beside a price can increase demand by more than 50%. The practice of using a 9 at the end of a price to denote a bargain is so common, you'd think customers would be numb to it. Yet in a study the authors did involving a women's clothing catalog, they increased demand by a third just by changing the price of a dress from $34 to $39. Pricing cues are powerful tools for guiding customers' purchasing decisions, but they must be applied judiciously. Used inappropriately, the cues may breach customers' trust, reduce brand equity, and give rise to lawsuits.

  18. TEKO returns to coal

    International Nuclear Information System (INIS)

    TREND

    2003-01-01

    Slovak government will not grant state long-term credit guarantee sized about 1 billion Slovak crowns, which Geoterm, a.s., Kosice company would like to get from World bank. Loan should be used as for construction of geothermal source in village Durkov near Kosice, which would be connected in Kosice thermal plant TEKO, a.s. Geothermal sources capacity after realization of planned investments should reach half of present output of plant. The nearest TEKO investments should head to changes in plant production process. Plant wants to redirect in heat and thermal energy production from existing dominant gas consumption to black coal incineration. Black coal incineration is more advantageous than natural gas exploitation in spite of ecologic loads. TEKO also will lower gas consumption for at least 30 per cent and rise up present black coal consumption almost twice

  19. Coal marketing in Asia: Opportunities and challenges

    International Nuclear Information System (INIS)

    Klingner, D.

    1996-01-01

    In Asia, coal currently accounts for over 40 percent of the fossil fuel used for commercial energy. This paper briefly surveys the forces that are likely to decide the future role coal will play as a prime source of energy in the vigorous economies of Asia. As Australia is well placed to profit from Asia's growing need for coal, the challenge to Australian coal suppliers is how to maximize its potential contribution. Four-fifths of all new coal fired electrical generating capacity in the world in the next decade will be located in Asia. Three-quarters of Australia's coal exports are to Asian customers and, conversely, 40 percent of Asian imports are from Australia. Australian coal suppliers have established ties and a depth of marketing experience in the region on which to build. However, pricing policies, and the emergence of the private power producers, together with environmental pressures, will present challenges for the future. (author). 1 fig

  20. Economics of coal-based electricity generation

    Energy Technology Data Exchange (ETDEWEB)

    Hemming, D F; Johnston, R; Teper, M

    1979-01-01

    The report deals with base-load electricity generation from coal and compares the economics of four alternative technologies: conventional pulverised-fuel (PF) boiler with steam cycle; atmospheric fluidised-bed (AFB) boiler with steam cycle; pressurised fluidised-bed (PFB) boiler with combined cycle; and integrated air-blown coal gasification with combined cycle systems are compared for both a high sulphur (3.5%) coal with environmental regulations requiring 85% sulphur removal, and for a low sulphur coal without sulphur removal. The results indicate that there is no single clear 'winner' among the advanced technologies. The optimum system depends on coal price, required rate-of-return, sulphur content of the coal, taxation regime etc. (34 refs.) (Available from IEA Coal Research, Economic Assessment Service)

  1. Coal: Energy for the future

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-05-01

    This report was prepared in response to a request by the US Department of energy (DOE). The principal objectives of the study were to assess the current DOE coal program vis-a-vis the provisions of the Energy Policy Act of 1992 (EPACT), and to recommend the emphasis and priorities that DOE should consider in updating its strategic plan for coal. A strategic plan for research, development, demonstration, and commercialization (RDD and C) activities for coal should be based on assumptions regarding the future supply and price of competing energy sources, the demand for products manufactured from these sources, technological opportunities, and the need to control the environmental impact of waste streams. These factors change with time. Accordingly, the committee generated strategic planning scenarios for three time periods: near-term, 1995--2005; mid-term, 2006--2020; and, long-term, 2021--2040. The report is divided into the following chapters: executive summary; introduction and scope of the study; overview of US DOE programs and planning; trends and issues for future coal use; the strategic planning framework; coal preparation, coal liquid mixtures, and coal bed methane recovery; clean fuels and specialty products from coal; electric power generation; technology demonstration and commercialization; advanced research programs; conclusions and recommendations; appendices; and glossary. 174 refs.

  2. Current developments on the coal and gas markets and their retroactive effects on the Merit Order; Aktuelle Entwicklungen auf den Kohle- und Gasmaerkten und ihre Rueckwirkungen auf die Merit Order

    Energy Technology Data Exchange (ETDEWEB)

    Hecking, Harald; Cam, Eren; Schoenfisch, Max; Schulte, Simon [ewi Energy Research and Scenarios gGmbH, Koeln (Germany)

    2017-06-15

    Coal and gas continue to play a significant role in the European power generation system, especially in Germany. According to the AG energy balances, the share of hard coal in German gross electricity generation in 2016 was 17.2% and natural gas 12.4%. In addition to the CO{sub 2} price, the prices for steam coal and natural gas are a key factor in determining which gas or coal power station is in Merit Order and whether it comes to a fuel switch. Declining gas prices have been rising sharply since the middle of 2016, and the volatile prices for steam coal have been rising. This article discusses the developments and factors responsible for these developments, which could be expected in the near future, and the implications for the gas-coal spread in the electricity market. [German] Kohle und Gas spielen weiterhin eine bedeutende Rolle im europaeischen Stromerzeugungssystem, insbesondere in Deutschland. Laut AG Energiebilanzen lag 2016 der Anteil der Steinkohle an der deutschen Bruttostromerzeugung bei 17,2 % und der von Erdgas bei 12,4 %. Neben dem CO{sub 2}-Preis sind die Preise fuer Kesselkohle und Erdgas massgeblich dafuer verantwortlich, welches Gas- bzw. Kohlekraftwerk welche Position in der Merit Order einnimmt und ob es zu einem Fuel Switch kommt. Sinkende Preise beim Gas stehen seit Mitte 2016 stark gestiegenen und volatilen Preisen fuer Kesselkohle gegenueber. Dieser Artikel diskutiert, welche Entwicklungen und Faktoren fuer diese Entwicklungen verantwortlich sind, womit in naher Zukunft zu rechnen sein koennte und welche Implikationen dies fuer den Gas-Kohle-Spread im Strommarkt hat.

  3. Absorptive capacity, knowledge circulation and coal cleaning innovation : the Netherlands in the 1930s

    NARCIS (Netherlands)

    Davids, M.; Tjong Tjin Tai, S.E.

    2009-01-01

    Before World War II, Dutch State Mines, the national, state owned coal corporation, was confronted with major challenges, specifically that foreign coal was sold at dumping prices in the home market. At the same time, coal cleaning needed to be improved in order to offer higher quality coal against

  4. Coal sector model: Source data on coal for the energy and power evaluation program (ENPEP)

    Energy Technology Data Exchange (ETDEWEB)

    Suwala, W [Mineral and Energy Economy Research Centre, Polish Academy of Sciences, Cracow (Poland)

    1997-09-01

    Coal is the major primary energy source in Poland and this circumstances requires that the data on coal supply for use in energy planning models should be prepared properly. Economic sectors` development depends on many factors which are usually considered in energy planning models. Thus, data on the development of such sectors as coal mining should be consistent with the economic assumptions made in the energy planning model. Otherwise, coal data could bias the results of the energy planning model. The coal mining and coal distribution models which have been developed at the Polish Academy of Sciences could provide proper coal data of use in ENPEP and other energy planning models. The coal mining model optimizes the most important decisions related to coal productions, such as coal mines development, retirement of non-profitable mines, and construction of new mines. The model uses basic data forecasts of coal mine costs and coal production. Other factors such as demand for coal, world coal prices, etc., are parameters which constitute constraints and requirements for the coal mining development. The output of the model is the amount of coal produced and supply curves for different coal types. Such data are necessary for the coal distribution model and could also be used by ENPEP. This paper describes the model, its structure and how the results of the model could serve as coal-related data for ENPEP. Improvement of some input data forms of the BALANCE module of ENPEP are also suggested in order to facilitate data preparation. (author). 7 figs.

  5. Coal sector model: Source data on coal for the energy and power evaluation program (ENPEP)

    International Nuclear Information System (INIS)

    Suwala, W.

    1997-01-01

    Coal is the major primary energy source in Poland and this circumstances requires that the data on coal supply for use in energy planning models should be prepared properly. Economic sectors' development depends on many factors which are usually considered in energy planning models. Thus, data on the development of such sectors as coal mining should be consistent with the economic assumptions made in the energy planning model. Otherwise, coal data could bias the results of the energy planning model. The coal mining and coal distribution models which have been developed at the Polish Academy of Sciences could provide proper coal data of use in ENPEP and other energy planning models. The coal mining model optimizes the most important decisions related to coal productions, such as coal mines development, retirement of non-profitable mines, and construction of new mines. The model uses basic data forecasts of coal mine costs and coal production. Other factors such as demand for coal, world coal prices, etc., are parameters which constitute constraints and requirements for the coal mining development. The output of the model is the amount of coal produced and supply curves for different coal types. Such data are necessary for the coal distribution model and could also be used by ENPEP. This paper describes the model, its structure and how the results of the model could serve as coal-related data for ENPEP. Improvement of some input data forms of the BALANCE module of ENPEP are also suggested in order to facilitate data preparation. (author). 7 figs

  6. Producers give prices a boost

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    Uranium producers came alive in August, helping spot prices crack the $8.00 barrier for the first time since March. The upper end of NUKEM's price range actually finished the month at $8.20. Scrambling to fulfill their long-term delivery contracts, producers dominate the market. In the span of three weeks, five producers came out for 2 million lbs U3O8, ultimately buying nearly 1.5 million lbs. One producer accounted for over half this volume. The major factor behind rising prices was that producers required specific origins to meet contract obligations. Buyers willing to accept open origins created the lower end of NUKEM's price range

  7. Low-Btu coal gasification in the United States: company topical. [Brick producers

    Energy Technology Data Exchange (ETDEWEB)

    Boesch, L.P.; Hylton, B.G.; Bhatt, C.S.

    1983-07-01

    Hazelton and other brick producers have proved the reliability of the commercial size Wellman-Galusha gasifier. For this energy intensive business, gas cost is the major portion of the product cost. Costs required Webster/Hazelton to go back to the old, reliable alternative energy of low Btu gasification when the natural gas supply started to be curtailed and prices escalated. Although anthracite coal prices have skyrocketed from $34/ton (1979) to over $71.50/ton (1981) because of high demand (local as well as export) and rising labor costs, the delivered natural gas cost, which reached $3.90 to 4.20/million Btu in the Hazelton area during 1981, has allowed the producer gas from the gasifier at Webster Brick to remain competitive. The low Btu gas cost (at the escalated coal price) is estimated to be $4/million Btu. In addition to producing gas that is cost competitive with natural gas at the Webster Brick Hazelton plant, Webster has the security of knowing that its gas supply will be constant. Improvements in brick business and projected deregulation of the natural gas price may yield additional, attractive cost benefits to Webster Brick through the use of low Btu gas from these gasifiers. Also, use of hot raw gas (that requires no tar or sulfur removal) keeps the overall process efficiency high. 25 references, 47 figures, 14 tables.

  8. The marriage of gas turbines and coal

    International Nuclear Information System (INIS)

    Bajura, R.A.; Webb, H.A.

    1991-01-01

    This paper reports on developing gas turbine systems that can use coal or a coal-based fuel ensures that the United States will have cost-effective environmentally sound options for supplying future power generation needs. Power generation systems that marry coal or a coal-based fuel to a gas turbine? Some matchmakers would consider this an unlikely marriage. Historically, most gas turbines have been operated only on premium fuels, primarily natural gas or distillate oil. The perceived problems from using coal or coal-based fuels in turbines are: Erosion and deposition: Coal ash particles in the hot combustion gases passing through the expander turbine could erode or deposit on the turbine blades. Corrosion: Coal combustion will release alkali compounds form the coal ash. Alkali in the hot gases passing through the expander turbine can cause corrosion of high-temperature metallic surfaces. Emissions: coal contains higher levels of ash, fuel-bound sulfur and nitrogen compounds, and trace contaminants than premium fuels. Meeting stringent environmental regulations for particulates, sulfur dioxide (SO 2 ), nitrogen oxides (NO x ), and trace contaminants will be difficult. Economics: Coal-based systems are expensive to build. The difference in price between coal and premium fuels must be large enough to justify the higher capital cost

  9. Transfer Pricing

    DEFF Research Database (Denmark)

    Nielsen, Søren Bo

    2014-01-01

    Against a background of rather mixed evidence about transfer pricing practices in multinational enterprises (MNEs) and varying attitudes on the part of tax authorities, this paper explores how multiple aims in transfer pricing can be pursued across four different transfer pricing regimes. A MNE h...

  10. Gold prices

    OpenAIRE

    Joseph G. Haubrich

    1998-01-01

    The price of gold commands attention because it serves as an indicator of general price stability or inflation. But gold is also a commodity, used in jewelry and by industry, so demand and supply affect its pricing and need to be considered when gold is a factor in monetary policy decisions.

  11. The Pacific coal market for 1999: it`s negotiation time again

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-10-01

    The annual Australia-Japan Coal Conference signals the beginning of the negotiations between Asia`s coal buyers and suppliers. Drastic cuts are expected to existing contract pricing. The article discusses the present spot market. 1 tab., 3 photos.

  12. Quarterly coal report, April--June, 1998

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-11-01

    The Quarterly Coal Report (QCR) provides comprehensive information about US coal production, distribution, exports, imports, receipts, prices, consumption, and stocks to a wide audience, including Congress, Federal and State agencies, the coal industry, and the general public. Coke production, consumption, distribution, imports, and exports data are also provided. This report presents detailed quarterly data for April through June 1998 and aggregated quarterly historical data for 1992 through the first quarter of 1998. Appendix A displays, from 1992 on, detailed quarterly historical coal imports data. 58 tabs.

  13. Quarterly coal report, October--December 1998

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-07-01

    The Quarterly Coal Report (QCR) provides comprehensive information about US coal production, distribution, exports, imports, receipts, prices, consumption, and stocks to a wide audience, including Congress, Federal and State agencies, the coal industry, and the general public. Coke production, consumption, distribution, imports, and exports data are also provided. This report presents detailed quarterly data for October through December 1998 and aggregated quarterly historical data for 1992 through the third quarter of 1998. Appendix A displays, from 1992 on, detailed quarterly historical coal imports data. 58 tabs.

  14. Quarterly coal report, April--June 1997

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-11-01

    The Quarterly Coal Report (QCR) provides comprehensive information about US coal production, distribution, exports, imports, receipts, prices, consumption, and stocks to a wide audience. Coke production, consumption, distribution, imports, and exports data are also provided. This report presents detailed quarterly data for April through June 1997 and aggregated quarterly historical data for 1991 through the first quarter of 1997. Appendix A displays, from 1991 on, detailed quarterly historical coal imports data. Appendix B gives selected quarterly tables converted to metric tons. To provide a complete picture of coal supply and demand in the US, historical information has been integrated in this report. 8 figs., 73 tabs.

  15. Report for fiscal 1979 on survey for development of overseas coals. Blau area, Kalimantan, Republic of Indonesia; 1979 nendo kaigaitan kaihatsu chosa hokokusho. Indonesia kyowakoku Kalimantan Blau chiiki

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1979-12-01

    Surveys including collection of information and materials relative to various conditions were performed on Republic of Indonesia, who is considered a promising coal supplying source for Japan in the future. Based on the assumption that supply capacity of coal will be expanded for thermal power plants, and large rise is anticipated in the coal price, and in order to solve the problems in the plan for migrating the population from Jawa Island where serious population concentration has been taking place, and in the regional promotion and development, the Indonesian Government has made open to foreign business entities in June 1978 the development of coal in the Kalimantan area. Nine corporations including those from Japan have participated in the international bid. The Indonesian Governments seeks in this project a product sharing system, rather than the acquisition of foreign currencies or the profit sharing from export earnings. The Government considers Japan as one of the coal exporting markets, and expects utilization of the Japan's advantageous institutional financing. It is urged that Japan should discuss the coal development in the Kalimantan area as part of dispersion of the coal supply sources upon considering the ocean transportation distance and the close economic relationship with the country. (NEDO)

  16. Report for fiscal 1979 on survey for development of overseas coals. Blau area, Kalimantan, Republic of Indonesia; 1979 nendo kaigaitan kaihatsu chosa hokokusho. Indonesia kyowakoku Kalimantan Blau chiiki

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1979-12-01

    Surveys including collection of information and materials relative to various conditions were performed on Republic of Indonesia, who is considered a promising coal supplying source for Japan in the future. Based on the assumption that supply capacity of coal will be expanded for thermal power plants, and large rise is anticipated in the coal price, and in order to solve the problems in the plan for migrating the population from Jawa Island where serious population concentration has been taking place, and in the regional promotion and development, the Indonesian Government has made open to foreign business entities in June 1978 the development of coal in the Kalimantan area. Nine corporations including those from Japan have participated in the international bid. The Indonesian Governments seeks in this project a product sharing system, rather than the acquisition of foreign currencies or the profit sharing from export earnings. The Government considers Japan as one of the coal exporting markets, and expects utilization of the Japan's advantageous institutional financing. It is urged that Japan should discuss the coal development in the Kalimantan area as part of dispersion of the coal supply sources upon considering the ocean transportation distance and the close economic relationship with the country. (NEDO)

  17. The Minimum Wage, Restaurant Prices, and Labor Market Structure

    Science.gov (United States)

    Aaronson, Daniel; French, Eric; MacDonald, James

    2008-01-01

    Using store-level and aggregated Consumer Price Index data, we show that restaurant prices rise in response to minimum wage increases under several sources of identifying variation. We introduce a general model of employment determination that implies minimum wage hikes cause prices to rise in competitive labor markets but potentially fall in…

  18. Australian coal

    Energy Technology Data Exchange (ETDEWEB)

    1985-11-01

    Total export shipments of coal in Australia in the year ending June 30 1985 reached a record of 83.8 Mt. The export trade is expected to bring in an income of 4 billion Australian dollars in the current year making coal Australia's biggest revenue-earning export commodity. This article presents a brief overview of the Australian coal industry with production and export statistics and information on major open pit and underground mines.

  19. Power Generation from Coal 2011

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    This report focuses mainly on developments to improve the performance of coal-based power generation technologies, which should be a priority -- particularly if carbon capture and storage takes longer to become established than currently projected. A close look is taken of the major ongoing developments in process technology, plant equipment, instrumentation and control. Coal is an important source of energy for the world, particularly for power generation. To meet the growth in demand for energy over the past decade, the contribution from coal has exceeded that of any other energy source. Additionally, coal has contributed almost half of total growth in electricity over the past decade. As a result, CO2 emissions from coal-fired power generation have increased markedly and continue to rise. More than 70% of CO2 emissions that arise from power generation are attributed to coal. To play its role in a sustainable energy future, its environmental footprint must be reduced; using coal more efficiently is an important first step. Beyond efficiency improvement, carbon capture and storage (CCS) must be deployed to make deep cuts in CO2 emissions. The need for energy and the economics of producing and supplying it to the end-user are central considerations in power plant construction and operation. Economic and regulatory conditions must be made consistent with the ambition to achieve higher efficiencies and lower emissions. In essence, clean coal technologies must be more widely deployed.

  20. An imbalanced development of coal and electricity industries in China

    International Nuclear Information System (INIS)

    Wang, Bing

    2007-01-01

    China's coal and electricity industries have a strong reliance on each other, however, because of excessive invasion of government, it is difficult for these two industries to form a stable, reasonable, and transaction cost-saving relationships, but long-run disputes and quarrels. This paper discusses the pricing policies and transaction relationship between these two industries from the historical perspective. It begins with the discussion of coal. Coal market has become competitive since 1980 due to the system of dual track approach, but coal sold to electricity was still tightly controlled by government-guided pricing. Then the paper examines electricity investment and tariff reform. Unlike coal, entry to electricity generation sector was gradually relaxed but generation and retailing tariffs are still strictly regulated. As energy demand and prices soared after 2002, coal and electricity enterprises are all unsatisfied with the rule of price setting of coal sold to electricity industry. This paper concludes that the deliberate low coal price policy does protect electricity industry from fuel cost fluctuation but harm coal industry. Allocative and productive efficiency are difficult to achieve in the long run

  1. An imbalanced development of coal and electricity industries in China

    Energy Technology Data Exchange (ETDEWEB)

    Wang, Bing [School of Public Administration, Huazhong University of Science and Technology, Wuhan (China)]. E-mail: wbyf@mail.hust.edu.cn

    2007-10-15

    China's coal and electricity industries have a strong reliance on each other, however, because of excessive invasion of government, it is difficult for these two industries to form a stable, reasonable, and transaction cost-saving relationships, but long-run disputes and quarrels. This paper discusses the pricing policies and transaction relationship between these two industries from the historical perspective. It begins with the discussion of coal. Coal market has become competitive since 1980 due to the system of dual track approach, but coal sold to electricity was still tightly controlled by government-guided pricing. Then the paper examines electricity investment and tariff reform. Unlike coal, entry to electricity generation sector was gradually relaxed but generation and retailing tariffs are still strictly regulated. As energy demand and prices soared after 2002, coal and electricity enterprises are all unsatisfied with the rule of price setting of coal sold to electricity industry. This paper concludes that the deliberate low coal price policy does protect electricity industry from fuel cost fluctuation but harm coal industry. Allocative and productive efficiency are difficult to achieve in the long run.

  2. An imbalanced development of coal and electricity industries in China

    Energy Technology Data Exchange (ETDEWEB)

    Bing Wang [Huazhong University of Science and Technology, Wuhan (China). School of Public Administration

    2007-10-15

    China's coal and electricity industries have a strong reliance on each other, however, because of excessive invasion of government, it is difficult for these two industries to form a stable, reasonable, and transaction cost-saving relationships, but long-run disputes and quarrels. This paper discusses the pricing policies and transaction relationship between these two industries from the historical perspective. It begins with the discussion of coal. The coal market has become competitive since 1980 due to the system of dual track approach, but coal sold to electricity was still tightly controlled by government-guided pricing. The paper next examines electricity investment and tariff reform. Unlike coal, entry to the electricity generation sector was gradually relaxed but generation and retailing tariffs are still strictly regulated. As energy demand and prices soared after 2002, coal and electricity enterprises are all unsatisfied with the rule of price setting of coal sold to the electricity industry. It is concluded that the deliberate low coal price policy does protect the electricity industry from fuel cost fluctuation but harms the coal industry. Allocative and productive efficiency are difficult to achieve in the long run. 33 refs., 5 figs., 2 tabs.

  3. Venezuelan coal

    International Nuclear Information System (INIS)

    Vazquez, L.U.

    1991-01-01

    The existence of coal deposits in Venezuela has been known since the early nineteenth century, when the Naricual Mines were discovered in the State of Anzoategui Eastern Venezuela. Through the years the Venezuelan coal business had its ups and downs, but it was not until 1988 that we could properly say that our coal began to play a role in the international market. This paper reports that it is only now, in the nineties, that Venezuelan coal projects have come under a planning, promotional and developmental policy preparing the ground for the great projects Venezuela will have in the not-too-distant future

  4. Does energy-price regulation benefit China's economy and environment? Evidence from energy-price distortions

    International Nuclear Information System (INIS)

    Ju, Keyi; Su, Bin; Zhou, Dequn; Wu, Junmin

    2017-01-01

    China's energy prices have long been regulated due to the critical role energy plays in economic growth and social development, which leads to energy-price distortion to some extent. To figure out whether energy-price regulations will benefit China's economy (measured by GDP growth) and environment (measured by carbon emissions), we conducted an in-depth simulation using path analysis, where five energy products (natural gas, gasoline, fuel oil, steam coal, and coking coal) are selected and three measurements (absolute, relative, and moving) of energy-price distortions are calculated. The results indicate that, with a series of energy pricing policies, the price distortion for a single type of energy has gradually transformed, while the energy pricing system in China is not fully market-oriented yet. Furthermore, China's economy benefits from relative and moving distortions, while the absolute distortions of energy prices have negative impacts on economic growth. Finally, with regard to the environment, carbon emissions call for fewer distortions. - Highlights: • Price distortion for a single type of energy has gradually transformed. • Energy pricing system in China is not yet fully market-oriented. • China's economy benefits from relative and moving distortions. • Absolute distortions of energy prices have negative effects on economic growth. • Carbon emissions call for less pricing distortions.

  5. Coal supply shortage - buyers beware

    Energy Technology Data Exchange (ETDEWEB)

    Moth, M; Phillips, K

    1988-08-01

    Since the commencement of 1988, the world coal market has witnessed a number of quite remarkable shifts and realignments that have ostensibly resulted from import demand surges, notably in Europe and the Pacific Rim but perhaps more significantly also from constraints on supply, most obviously in Australia but also seen elsewhere in the PRC, Colombia, Poland, and South Africa. Consequently, this has left the USA as the only remaining reliable surplus supplier of high volume quality steam and metallurgical coals to the world market. Importantly, it has to be recognised that these existing supply/demand factors will not disappear overnight. What has been a very strong buyers' market for coal throughout at least the last six years is now no longer the case. Coal purchasers around the globe have to be prepared for an extended and indeed a refreshing period of 'seller power' with scarcity of supply and higher coal prices forecast to extend well into next year and maybe even longer. The message for coal importers who have not yet woken up to the new order of things is very clear, 'today is possibly already too late to secure coal purchases for delivery in 1988 because many exporters report they are sold out. But more important with tight supply expected to prevail, buyers should be securing their purchases now for 1989 imports requirements and delivery'. 2 figs.

  6. Oil price prospects

    International Nuclear Information System (INIS)

    Toalster, J.

    1992-01-01

    In this paper, four different, popular approaches to the analysis of oil price movements will be considered and an alternative method will be proposed. Whilst we await the development of a rigorous theoretical framework within which to evaluate the phenomenon of oil price movements some progress may be effected by an amalgam of approaches, with the traditional supply and demand model being supplemented by observations regarding political and social developments in particular countries or regions, together with an assessment of emerging and prospective technological achievements. In this way it should be possible to identify the critical influences at work, from which it should also be possible to select either the single most important variable or combination of variables, affecting the oil price. Moreover, it is my belief that the crucial variables influencing the oil price almost certainly, are more likely to be political and social, rather than economic. In this context and notwithstanding the fact that there is only a minimal level of surplus productive capacity in the world oil industry at present (perhaps 1-2 million b/d albeit rising rapidly), it is reasonable to conclude that oil prices will average around $18-19 a barrel for North Sea Brent in 1992 and 1993, with oscillations of $2-4 a barrel either side, rising slightly in 1994 to $19-20 a barrel and to $20-21 a barrel in 1995. Thereafter, the most likely outcome is for a rise in line with inflation (say $ a barrel/annum) with no prospect of an upward spike, because demand will be weaker than most commentators expect up to the year 2000, whilst OPEC oil supplies will be substantially higher than the consensus forecast. (author)

  7. Price Increases in the Aftermath of Hurricane Katrina: Authority to Limit Price Gouging

    National Research Council Canada - National Science Library

    Welborn, Angie A; Flynn, Aaron M

    2005-01-01

    ... gasoline prices, in other parts of the country. State laws regarding price gouging in the event of an emergency are discussed as is the role the Federal Government could play in addressing rising gas prices in other parts of the country...

  8. Coal summit II

    Energy Technology Data Exchange (ETDEWEB)

    1983-01-01

    Various papers were presented on world coal trade. Papers include: Poland as a producer and exporter of coal; the dynamics of world coal trade; Cerrejon coal production perspectives; present state of the Australian coal industry; present state of the EC coal market and future prospects; prospects of US coal exports to Europe; forecast of Italian coal supply and demand through 1990; statistics from coal transportation outlook; status of world coal ports.

  9. Brayton Point coal conversion project (NEPCO)

    Energy Technology Data Exchange (ETDEWEB)

    Sullivan, W.F. Jr.

    1982-05-01

    The New England Power Company (NEPCO) recently converted Brayton Point Power Station Units 1, 2, and 3 from oil to coal. The coal conversion project is the largest coal conversion project in the nation to date. Stone and Webster Engineering Corporation (SWEC) was hired as the engineer/constructor for the project. Units 1 and 2 are 250-MW Combustion Engineering boilers, and Unit 3 is a 650-MW Babcock and Wilcox boiler. All three units were originally designed to burn pulverized coal but were converted to oil during the years of low oil prices. Studies performed by NEPCO and SWEC indicated that the areas discussed in the following paragraphs required upgrading before the units could efficiently burn coal and meet Federal and State environmental requirements. All units have been converted and are operating. This paper discusses design modifications required to burn coal, startup, and initial operating problems, and solutions.

  10. Transfer Pricing

    DEFF Research Database (Denmark)

    Rohde, Carsten; Rossing, Christian Plesner

    trade internally as the units have to decide what prices should be paid for such inter-unit transfers. One important challenge is to uncover the consequences that different transfer prices have on the willingness in the organizational units to coordinate activities and trade internally. At the same time...... the determination of transfer price will affect the size of the profit or loss in the organizational units and thus have an impact on the evaluation of managers‟ performance. In some instances the determination of transfer prices may lead to a disagreement between coordination of the organizational units...

  11. Options for near-term phaseout of CO(2) emissions from coal use in the United States.

    Science.gov (United States)

    Kharecha, Pushker A; Kutscher, Charles F; Hansen, James E; Mazria, Edward

    2010-06-01

    The global climate problem becomes tractable if CO(2) emissions from coal use are phased out rapidly and emissions from unconventional fossil fuels (e.g., oil shale and tar sands) are prohibited. This paper outlines technology options for phasing out coal emissions in the United States by approximately 2030. We focus on coal for physical and practical reasons and on the U.S. because it is most responsible for accumulated fossil fuel CO(2) in the atmosphere today, specifically targeting electricity production, which is the primary use of coal. While we recognize that coal emissions must be phased out globally, we believe U.S. leadership is essential. A major challenge for reducing U.S. emissions is that coal provides the largest proportion of base load power, i.e., power satisfying minimum electricity demand. Because this demand is relatively constant and coal has a high carbon intensity, utility carbon emissions are largely due to coal. The current U.S. electric grid incorporates little renewable power, most of which is not base load power. However, this can readily be changed within the next 2-3 decades. Eliminating coal emissions also requires improved efficiency, a "smart grid", additional energy storage, and advanced nuclear power. Any further coal usage must be accompanied by carbon capture and storage (CCS). We suggest that near-term emphasis should be on efficiency measures and substitution of coal-fired power by renewables and third-generation nuclear plants, since these technologies have been successfully demonstrated at the relevant (commercial) scale. Beyond 2030, these measures can be supplemented by CCS at power plants and, as needed, successfully demonstrated fourth-generation reactors. We conclude that U.S. coal emissions could be phased out by 2030 using existing technologies or ones that could be commercially competitive with coal within about a decade. Elimination of fossil fuel subsidies and a substantial rising price on carbon emissions are the

  12. Why investors shy away from coal

    International Nuclear Information System (INIS)

    Roling, D.A.

    1994-01-01

    Why do investors shy away from coal? This may sound like a strange question given the change in ownership of many major coal companies in recent years, but the ongoing consolidation within the coal industry is quite different from any actual new investment in the industry. To begin to understand why, one must return to the early '70s, a time of low-cost, abundant energy. The price of oil was about $2-4/bbl until 1973. The price of natural gas was about 60 cents/M ft 3 , and coal was approximately $7/st. This, however, was before the first Organization of the Petroleum Exporting Countries (OPEC) shock. The price of coal declined throughout the 1980s, and continues its downward path in some markets. Many coal investments have not achieved their expected return, such as the case of a 1M st/yr mine in West Virginia, which was developed in the early '80s only to be put immediately on a care-and-maintenance basis, where it languished until it was sold in 1990. Other mines, such as the large open-pit mines in the Powder River Basin in Wyoming, never reached their targeted production rates. Some of these large mines had equipment that remained in crates for years, only later to be sold at a loss. The extent of losses on investments in coal mines is discussed

  13. Oil prices and economic growth

    International Nuclear Information System (INIS)

    Babusiaux, D.; Lescaroux, F.

    2006-01-01

    There is no limit to the sources of hydrocarbons (whether pumped out of the earth or produced in factories) for the next few decades, but there is and will be a need for increasingly complex and costly techniques as the usual sources of petroleum run out. Does this mean that prices will keep on rising? Probably, since environmental costs must be added onto direct costs. The mining of oil out of 'tar sands', for example, or the production of hydrocarbons by the chemical industry will have a significant impact owing to the emission of greenhouse gases. If prices do rise in the short or middle term, the cause will have to do more with the calendar of investments than with the availability of energy and its costs. In the long run however, price hikes are not all that certain. A few points for analyzing and predicting the macro-and micro-economic effects of fluctuating oil prices are discussed. (author)

  14. Problems of coal-based power generation

    International Nuclear Information System (INIS)

    Noskievic, P.

    1996-01-01

    Current problems of and future trends in coal-based power generation are discussed. The present situation is as follows: coal, oil and gas contribute to world fossil fuel resources 75%, 14%, and 11%, respectively, and if the current trend will continue, will be depleted in 240, 50, and 60 years, respectively; the maximum resource estimates (including resources that have not yet been discovered) are 50% higher for oil and 100% higher for gas, for coal such estimates have not been made. While the world prices of coal are expected to remain virtually constant, the prices of gas will probably increase to be twice as high in 2010. Thus, the role of coal may be higher in the next century than it is now, provided that due attention is paid to improving the efficiency of coal-fired power plants and reducing their adverse environmental effects. A comparison of economic data for coal-fired and gas-fired power plants is as follows: Investment cost (USD/kW): 1400, 800; fixed running cost (USD/kW.y): 33.67, 9.0; variable running cost (USD/kWh): 0.30, 0.15; power use (kJ/kWh): 10.29, 7.91; annual availability (%): 70, 50; fuel price (USD/GJ): 1.00, 4.30; power price (USD/kWh): 4.28, 5.52. The investment cost for coal-fired plants covers new construction including flue gas purification. The integrated gasification combined cycle (IGCC) seems to be the future of coal-based power generation. The future problems to be addressed include ways to reduce air pollution, improving the efficiency of the gas-steam cycle, and improving the combustion process particularly with a view to reducing substantially its environmental impact. (P.A.). 4 figs., 4 tabs., 9 refs

  15. The outlook for the U.S. coal industry and U.S.-Japanese coal trade

    International Nuclear Information System (INIS)

    Ellerman, A.D.

    1988-01-01

    The U.S. coal industry is stable and efficient, and in good position to respond to any increase in export demand over the next ten years. After the 1973 and 1978--79 oil price increases and the resulting growth in world demand for coal, the industry responded with extensive investment in coal mines; the transportation industry similarly made large investments in coal handling equipment and port facilities. However, as a result of the expansion in world production facilities and the less than anticipated growth in coal demand, the United States now has excess capacity---in the mining, transport and port terminal industries. The coal industry's large capital investments, followed by cost cutting improvements in response to excess capacity, have paid off in greatly increased productivity. Between its low point in 1978, and 1985, average tons per miner-hour grew by 55 percent, or at an average annual rate of 6.4 percent. This gain has been passed on to coal customers in the form of lower prices. Between 1976 and 1985, FOB mine prices in constant dollars declined by 26.9 percent, or at a rate of 3.4 percent per year; the trend continued in 1986 with an additional 4.8 percent price decline

  16. Coal and gas competition in global markets

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-07-01

    Global consumption of commercial energy totalled 18 Gt of coal equivalent in 2010. With a 28% share, coal ranked second after oil as one of the major sources of primary energy and natural gas (at 21%) ranked third. Gross power generation with coal was approximately 41% and gas 22%. Natural gas as a global commodity is growing rapidly with the advent of unconventional sources such as shale gas. Recently, gas has become the fuel of choice for new power generating plants in some countries. Overall production of coal has increased in the same time-frame. The share of coal in electricity production was constant in Europe from early 2000 but recently increased. This was due to the high cost of gas in Europe and a low emissions penalty levied by the regulator, making coal currently more competitive in Europe compared to gas. Coal utilisation continues to increase in Asia but is facing serious competition with gas in the USA, where the share of electricity generated with coal dropped in 2012. However, natural gas used to generate electricity in early 2013 was below the high level seen during the comparable 2012 period, when low natural gas prices led to significant displacement of coal by natural gas for power generation. The current consensus in the USA is that while coal may recover ground in the short term, it loses in the long term as coal plants are retired. The discovery, production and availability of significant amounts of gas have implications for not only the price of natural gas but also the price of coal as well as supply and demand, and utilisation of both fuels internationally. The interaction between coal and gas in the global markets today is investigated in this review and the near-term outlook and impact on both fuels is presented. In this report, reserves, production and trade, supply and demand, pricing, utilisation and consumption, public attitudes and finally near/short to medium-term prospects are discussed for both coal and gas.

  17. International Coal Report's coal year 1991

    Energy Technology Data Exchange (ETDEWEB)

    McCloskey, G [ed.

    1991-05-31

    Following introductory articles on factors affecting trade in coal and developments in the freight market, tables are given for coal exports and coal imports for major countries worldwide for 1989 and 1990. Figures are also included for coal consumption in Canada and the Eastern bloc,, power station consumption in Japan, coal supply and demand in the UK, electric utility coal consumption and stocks in the USA, coal production in Australia, Canada and USA by state, and world hard coal production. A final section gives electricity production and hard coal deliveries in the EEC, sales of imported and local coal and world production of pig iron and steel.

  18. Process for electrochemically gasifying coal using electromagnetism

    Science.gov (United States)

    Botts, Thomas E.; Powell, James R.

    1987-01-01

    A process for electrochemically gasifying coal by establishing a flowing stream of coal particulate slurry, electrolyte and electrode members through a transverse magnetic field that has sufficient strength to polarize the electrode members, thereby causing them to operate in combination with the electrolyte to electrochemically reduce the coal particulate in the slurry. Such electrochemical reduction of the coal produces hydrogen and carbon dioxide at opposite ends of the polarized electrode members. Gas collection means are operated in conjunction with the process to collect the evolved gases as they rise from the slurry and electrolyte solution.

  19. Petroleum price

    International Nuclear Information System (INIS)

    Chevallier, B.

    2009-01-01

    The 'AFTP' conference on 'petroleum prices' organized by Total last March, tries to explain the different aspects of the crisis we undergo for July 2007 and its consequential effects on the petroleum markets (supply, demand evolvements, impacts on reserves, prices, refining...). (O.M.)

  20. Prospect of coal liquefaction in Indonesia

    International Nuclear Information System (INIS)

    Hartiniati; Dasuki, A.S.; Artanto, Yu.; Sulaksono, D.; Gunanjar

    1997-01-01

    With the current known oil reserves of about 11 billion barrel and annual production of approximately 500 million barrel, the country's oil reserves will be depleted by 2010, and Indonesia would have become net oil importer if no major oil fields be found somewhere in the archipelago. Under such circumstances the development of new sources of liquid fuel becomes a must, and coal liquefaction can be one possible solution for the future energy problem in Indonesia, particularly in the transportation sector due to the availability of coal in huge amount. This paper present the prospect of coal liquefaction in Indonesia and look at the possibility of integrating the process with HTR as a heat supplier. Evaluation of liquidability of several low grade Indonesian coals will also be presented. Coal from South Banko-Tanjung Enim is found to be one of the most suitable coal for liquefaction. Several studies show that an advanced coal liquefaction technology recently developed has the potential to reduce not only the environmental impact but also the production cost. The price of oil produced in the year 2000 is expected to reach US $ 17.5 ∼ 19.2/barrel and this will compete with the current oil price. Not much conclusion can be drawn from the idea of integrating HTR with coal liquefaction plant due to limited information available. (author). 7 figs, 3 tabs

  1. Stationarity changes in long-run energy commodity prices

    International Nuclear Information System (INIS)

    Zaklan, Aleksandar; Abrell, Jan; Neumann, Anne

    2016-01-01

    Situated at the intersection of the literatures on speculative storage and non-renewable commodity scarcity, this paper considers whether changes in persistence have occurred in long-run U.S. prices of the energy commodities crude oil, natural gas and bituminous coal. We allow for a structural break when testing for a break in persistence to avoid a change in the stochastic properties of prices being confounded by an unaccounted-for deterministic shift in the price series. We find that coal prices are trend stationary throughout their evolution and that oil prices change from stationarity to non-stationarity in the decade between the late 1960s to late 1970s. The result on gas prices is ambiguous. Our results demonstrate the importance of accounting for a possible structural shift when testing for breaks in persistence, while being robust to the exact date of the structural break. Based on our analysis we caution against viewing long-run energy commodity prices as being non-stationary and conclude in favor of modeling commodity market fundamentals as stationary, meaning that speculative storage will tend to have a dampening effect on prices. We also cannot reject that long-run prices of coal and, with some hesitation, gas follow a Hotelling-type rule. In contrast, we reject the Hotelling rule for oil prices since the late 1960s/early 1970s. - Highlights: • This paper contributes to the literatures on speculative storage and scarcity. • We test if long-run U.S. coal, oil and gas prices became non-stationary. • We pre-test for structural breaks when testing for changes in persistence. • Coal prices are found to be trend stationary, oil prices become non-stationary. • We caution against modeling commodity market fundamentals as non-stationary.

  2. Preliminary analysis of the probable causes of decreased coal mining productivity (1969 to 1976). [1950 to 1976

    Energy Technology Data Exchange (ETDEWEB)

    Walton, D.R.; Kauffman, P.W.

    1977-11-07

    The concern shown by energy leaders regarding the continuing decline in productivity is not just academic. Rather, it is viewed as a serious threat, not only to the industry but also to the national economy. Recently, a mine operator commented on the productivity decline by saying that the decline does not affect his company because it merely raises the price and then passes the price increase on to the consumer. He felt that, while the mine operator is interested in reducing costs, legislation, labor unrest, and other factors contributing to increased costs are all beyond his control. Although a great many people in the coal industry do not share these views, many do. Therefore, a study of the underlying causes of the decline in productivity is extremely important and is, in essence, truly a national issue. The observation is that as productivity declines, the cost of coal rises proportionally. Obviously the coal industry is in business to make a profit. As conditions change (e.g., more laws are passed, labor unrest increases, and worker attitudes worsen) and resultant productivity declines occur, the costs of coal extraction will increase. Undoubtedly these costs will be passed along to the consumer. The USBM, as a part of an overall effort by the government to solve energy problems, is playing an important role in the coal industry. By identifying the causes of the decline in productivity, it can better direct its efforts in reversing the trend. This can be and is being accomplished by advancing mechanization and developing new technologies in coal mining that better meet the requirements of legislation, improve safety and productivity, and are less sensitive to the impacts of labor unrest, attitudinal shifts, and motivational problems.

  3. Converting coal

    Energy Technology Data Exchange (ETDEWEB)

    Avigliano, A. [Bedeschi (Italy)

    2006-10-15

    In September 2005, Bedeschi was commissioned to design and supply a coal unloading, conveying and storage facility for a new raw coal line system within Hatien II Cement Co. The new plant is composed of a grab unloader, a conveyor system, a storage shed with stacking and reclaiming facilities, a complete dedusting system and civil and steel structure engineering. The scope of supply includes a local fabrication portion; however, main components will be imported. The project will be completed in 21 months. The paper looks into the mechanics of loading and unloading coal. 4 figs., 4 photos.

  4. Higher fuel and food prices

    DEFF Research Database (Denmark)

    Arndt, Channing; Benfica, Rui; Maximiano, Nelson

    2008-01-01

    of Mozambique indicates that the fuel price shock dominates rising food prices from both macroeconomic and poverty perspectives. Again, negative impacts are larger in urban areas. The importance of agricultural production response in general and export response in particular is highlighted. Policy analysis...... analysis indicates that urban households and households in the southern region are more vulnerable to food price increases. Rural households, particularly in the North and Center, often benefit from being in a net seller position. Longer-term analysis using a computable general equilibrium (CGE) model...

  5. Changes of uranium market price and trend in recent years

    International Nuclear Information System (INIS)

    Wang Xingwu; Chen Zuyi

    2008-01-01

    The market price (especially the spot price ) of uranium has experienced significant changes since 2004. Several stages of uranium price are summed up. It is the slow increase period of uranium price from 1991 to 2004, The uranium price rapid rise from 2005 to 2007. The price of uranium jumped sharply from the fourth quarter 2006 to first half of 2007. The price of uranium rapid declined and tended to be stable from second half 2007 to this day. Characteristics, reason and change trend of uranium price in these stages are summarized. (authors)

  6. Correlation between Chinese and international energy prices based on a HP filter and time difference analysis

    International Nuclear Information System (INIS)

    He, Yongxiu; Wang, Bing; Wang, Jianhui; Xiong, Wei; Xia, Tian

    2013-01-01

    To establish a reasonable system and mechanism for Chinese energy prices, we use the Granger causality test, Hodrick–Prescott (HP) filter and time difference analysis to research the pricing relationship between Chinese and international energy prices. We find that Chinese and international crude oil prices changed synchronously while Chinese refined oil prices follow the changes of international oil prices with the time difference being about 1 month to 2 months. Further, Australian coal prices Granger causes Chinese coal prices, and there is a high correlation between them. The U.S. electricity price is influenced by the WTI crude oil price, the U.S. gasoline price and the HenryHub gas price. Due to the unreasonable price-setting mechanism and regulation from the central government, China′s terminal market prices for both electricity and natural gas do not reflect the real supply–demand situation. This paper provides quantitative results on the correlation between Chinese and international energy prices to better predict the impact of international energy price fluctuations on China′s domestic energy supply and guide the design of more efficient energy pricing policies. Moreover, it provides references for developing countries to improve their energy market systems and trading, and to coordinate domestic and international energy markets. -- Highlights: •The Hodrick-Prescott filter and time difference analysis are used to research the correlation among energy prices. •Our study finds that the U.S. and British refined oil prices Granger cause the Chinese refined oil price. •Both Chinese and the Australian coal prices play an important role in the international coal market. •The Chinese terminal electric power and terminal natural gas prices are not highly correlated. •The results are useful for guiding the design of more efficient energy pricing policies in China

  7. Gas prices and price process

    International Nuclear Information System (INIS)

    Groenewegen, G.G.

    1992-01-01

    On a conference (Gas for Europe in the 1990's) during the Gasexpo '91 the author held a speech of which the Dutch text is presented here. Attention is paid to the current European pricing methods (prices based on the costs of buying, transporting and distributing the natural gas and prices based on the market value, which is deducted from the prices of alternative fuels), and the transparency of the prices (lack of information on the way the prices are determined). Also attention is paid to the market signal transparency and gas-gas competition, which means a more or less free market of gas distribution. The risks of gas-to-gas competition for a long term price stability, investment policies and security of supply are discussed. Opposition against the Third Party Access (TPA), which is the program to implement gas-to-gas competition, is caused by the fear of natural gas companies for lower gas prices and lower profits. Finally attention is paid to government regulation and the activities of the European Commission (EC) in this matter. 1 fig., 6 ills., 1 tab

  8. Economic impacts on West Virginia from projected future coal production and implications for policymakers

    International Nuclear Information System (INIS)

    Richardson, L J; Cleetus, R; Clemmer, S; Deyette, J

    2014-01-01

    Multiple economic and geologic factors are driving fundamental changes in the nation’s energy system, weakening coal’s dominance as a fuel for electricity generation, with significant implications for places like West Virginia that are heavily dependent on coal for economic activity. Some of these factors include low natural gas prices, rising labor costs and declining productivity, economic competition with other coal mining regions, environmental regulations to reduce pollution and safeguard public health, state energy efficiency and renewable electricity standards, falling costs of renewable energy resources like wind and solar, and the likely prospect of future limits on greenhouse gas emissions. This analysis uses an input–output model to examine the effects on West Virginia’s economy from these multiple factors by exploring a range of scenarios for coal production through 2020. In addition to changes in the coal industry, hypothetical investments in additional sectors of the economy are considered as a way to gauge potential alternative economic opportunities. This paper offers recommendations to policymakers for alternative economic development strategies needed to create new jobs and diversify the state’s economy, and highlights the importance of transition assistance at the federal level. (paper)

  9. Higher household expenditure on animal-source and nongrain foods lowers the risk of stunting among children 0-59 months old in Indonesia: implications of rising food prices.

    Science.gov (United States)

    Sari, Mayang; de Pee, Saskia; Bloem, Martin W; Sun, Kai; Thorne-Lyman, Andrew L; Moench-Pfanner, Regina; Akhter, Nasima; Kraemer, Klaus; Semba, Richard D

    2010-01-01

    Because the global financial crisis and high food prices affect food consumption, we characterized the relationship between stunting and nongrain food expenditure at the household level among children 0-59 mo old in Indonesia's rural and urban poor population. Expenditure and height-for-age data were obtained from a population-based sample of 446,473 children in rural and 143,807 in urban poor areas in Indonesia. Expenditure on food was grouped into categories: animal, plant, total nongrain, and grain. The prevalence of stunting in rural and urban poor areas was 33.8 and 31.2%, respectively. In rural areas, the odds ratios (OR) (5th vs. first quintile) for stunting were similar for proportion of household expenditure on animal (0.87; 95% CI = 0.85-0.90; P global crises.

  10. Price increase

    CERN Multimedia

    2006-01-01

    Please take note that after five years of stable prices at Restaurant No 1 a price increase will come into force on 1st January 2006. This increase has been agreed after discussions between the CSR (Comité de Surveillance des Restaurants) and the catering company Novae and will reflect the inflation rate of the last few years. In addition, a new children's menu will be introduced, as well as 'Max Havelaar' fair-trade coffee at a price of 1.70 CHF.

  11. Price increase

    CERN Multimedia

    2005-01-01

    Please take note that after five years of stable prices at Restaurant No 1 a price increase will come into force on 1st January 2006. This increase has been agreed after discussions between the CSR (Comité de Surveillance des Restaurants) and the catering company Novae and will reflect the inflation rate of the last few years. In addition, a new children's menu will be introduced as well as 'Max Havelaar' fair-trade coffee at a price of 1.70 CHF.

  12. Coal competitiveness?

    International Nuclear Information System (INIS)

    Rogeaux, B.

    2006-01-01

    Will coal electrical plants be more competitive in the coming years? Answering this one cannot be limited to merely comparing estimates based on reference electricity production costs. The competitiveness of coal will indeed depend on the final product marketed, as the MWhs are not equal: is the purpose to produce base, half-base MWh? Does the electrical equipment structure require flexible MWh (for instance in the event of significant intermittent renewable energy amounts), and therefore plants able to adjust their power rapidly? But the competitiveness of coal will also depend on many factors that will correct reference cost estimates: uncertainties, risks, externalities. These factors will need to be appreciated on a case by case basis. We introduce some of the reasoning used to better appreciate the future competitiveness of coal, and the main factors conditioning it in three contrasting regions of the world: Europe, USA, china. (author)

  13. The price of fuel oil for power generation

    International Nuclear Information System (INIS)

    Hsu, G.J.Y.; Liaw, Y.Y.C.

    1987-01-01

    This study establishes a break-even analysis model for fuel oil generation. The authors calculate the break-even points of the international fuel oil prices for the existing coal-fired power plants, the nuclear power plants and the newly-built coal/oil-fired power plants

  14. Coal fights back

    International Nuclear Information System (INIS)

    Ince, R.

    1990-01-01

    During the twentieth century coal has moved from being the dominant energy hero that fueled the industrial revolution to a background role: a fuel of last choice, a supplemental resource, and sometimes a convenient villain in the environmental debate. But, as this paper points out, the other side of the coin is that coal is dependable, plentiful, and the price is right. To examine the issue as it merits, reason will have to be substituted for emotion. We are currently in what the author of this paper calls the crisis enrichment stage of the debate. In this stage, when definitive knowledge is lacking, there is a temptation to imagine the worst, overcorrect the problem, and do considerable damage to energy supply and economic needs. The environmental movement has provoked a hunt for someone to blame for the world's current environmental situation. Without a proven culprit to blame for disturbances to some of the world's lakes and forests, it has been decided that coal is the cause. This paper makes a plea for balance, urging all parties to find some acceptable middle ground between energy production and environmental protection

  15. Freemium Pricing

    DEFF Research Database (Denmark)

    Runge, Julian; Wagner, Stefan; Claussen, Jörg

    Firms commonly run field experiments to improve their freemium pricing schemes. However, they often lack a framework for analysis that goes beyond directly measurable outcomes and focuses on longer term profit. We aim to fill this gap by structuring existing knowledge on freemium pricing...... into a stylized framework. We apply the proposed framework in the analysis of a field experiment that contrasts three variations of a freemium pricing scheme and comprises about 300,000 users of a software application. Our findings indicate that a reduction of free product features increases conversion as well...... as viral activity, but reduces usage – which is in line with the framework’s predictions. Additional back-of-the-envelope profit estimations suggest that managers were overly optimistic about positive externalities from usage and viral activity in their choice of pricing scheme, leading them to give too...

  16. Queensland coal sets new records in 2001

    International Nuclear Information System (INIS)

    Smith, R.; Coffey, D.; Abbott, E.

    2002-01-01

    In 2001 the Queensland coal industry consolidated on record expansion in the export market over the past two years and again, increased its sales to overseas customers. New sales records were set in both the export and domestic markets. Unprecedented international demand for Queensland metallurgical coals coupled with improved prices and a favourable A$-US$ exchange rate created strong market conditions for the Queensland coal export industry, boosting confidence for further expansion and new developments. Australian coal exports in 2001 amounted to 194 Mt and are forecast to reach 275 million tonnes per annum (Mtpa) in 2020. The Queensland coal industry is poised to capture a significant share of this market growth. Queensland's large inventory of identified coal, currently estimated at more than 37 billion tonnes (raw coal m situ), is adequate to sustain the industry for many years and allow new opencut and underground mines to develop according to future market demand. Recent coal exploration successes are expected to add significant tonnage to the inventory (Coxhead, Smith and Coffey, 2002). Most of the coal exported from Queensland is mined in the Bowen Basin of central Queensland and additional tonnage of Walloon coal is exported by mines in the Moreton Basin and Surat Basin in south-east Queensland. The Walloon Coal Measures and its equivalents contain large resources of undeveloped opencut, high volatile, clean-burning thermal coal. The environmental advantages in the utilisation of these coals are now recognised and strong growth in production is expected in the near future for supply to both the domestic and export markets. Establishment of new rail transport and civil infrastructure will however, be required to support the development of large scale mining operations in this region

  17. Petroleum price

    International Nuclear Information System (INIS)

    Maurice, J.

    2001-01-01

    The oil market is the most volatile of all markets, with the exception of the Nasdaq. It is also the biggest commodity market in the world. Therefore one cannot avoid forecasting oil prices, nor can one expect to avoid the forecasting errors that have been made in the past. In his report, Joel Maurice draws a distinction between the short term and the medium-long term in analysing the outlook for oil prices. (author)

  18. The economic impact of oil prices

    International Nuclear Information System (INIS)

    Krymm, R.

    1974-01-01

    During the last three months of 1973, the tax-paid costs of typical grades of crude petroleum in the main producing areas of the world, around the Persian Gulf, were roughly quadrupled, rising for typical Iranian and Arabian Ugh t crudes from about $1.85 per barrel in September 1973 to more than $7.00 by 1 January 1974, or from approximately $13.30 to more than $50.00 per ton. Since the cost of production represents an insignificantly small fraction of the new cost level (less than 2%) and subject to complex adjustments reflecting varying qualities of crude oils and advantages of geographical location, the producing countries may expect to receive a minimum average revenue of $50.00 per ton of crude oil produced on their territory instead of $12.50. If we ignore the purchases which carried the prices of relatively small amounts of oil to the $100-$150 range, this figure of $50.00 per ton with future adjustments for inflation represents a probable guide line for future cost estimates. The change affects exports of close to 1.4 billion tons of oil and consequently involves an immediate shift of financial resources of close to 60 billion dollars per year from the oil-consuming to the oil-producing countries. Tables 1, 2 and 3 give an idea of the distribution of this burden by main geographical regions and of its possible evolution over the next seven years. The figures involved are so large that comparisons have been made by some authors with the reparations proposals advanced by the Allies at the end of the First World War. It has been pointed out that the market price of a typical quality of crude such as Arabian light had in fact fallen from $1.93 per barrel in 1955 to $1.26 in 1970. When the intervening industrial price inflation is taken into account this means that the price of oil had in fact been divided by 3 during a period when oil consumption was growing at an annual rate of more than 7% and oil was displacing coal as the major fuel of the world. During the

  19. An Analysis of Decision Factors on the Price of South Korea’s Certified Emission Reductions in Use of Vector Error Correction Model

    Directory of Open Access Journals (Sweden)

    Sumin Park

    2017-09-01

    Full Text Available This study analyzes factors affecting the price of South Korea’s Certified Emission Reduction (CER using statistical methods. CER refers to the transaction price for the amount of carbon emitted. Analysis of results found a co-integration relationship among the price of South Korea’s CER, oil price (WTI, and South Korea’s maximum electric power demand, which means that there is a long-term relationship among the three variables. Based on this result, VECM (vector error correction model analysis, impulse response function, and variance decomposition were performed. As the oil price (WTI increases, the demand for gas in power generation in Korea declines while the demand for coal increases. This leads to increased greenhouse gas (GHG; e.g., CO2 emissions and increased price of South Korea’s CERs. In addition, rising oil prices (WTI cause a decline in demand for oil products such as kerosene, which results in an increase in South Korea’s maximum power demand.

  20. Historical costs of coal-fired electricity and implications for the future

    International Nuclear Information System (INIS)

    McNerney, James; Doyne Farmer, J.; Trancik, Jessika E.

    2011-01-01

    We study the cost of coal-fired electricity in the United States between 1882 and 2006 by decomposing it in terms of the price of coal, transportation cost, energy density, thermal efficiency, plant construction cost, interest rate, capacity factor, and operations and maintenance cost. The dominant determinants of cost have been the price of coal and plant construction cost. The price of coal appears to fluctuate more or less randomly while the construction cost follows long-term trends, decreasing from 1902 to 1970, increasing from 1970 to 1990, and leveling off since then. Our analysis emphasizes the importance of using long time series and comparing electricity generation technologies using decomposed total costs, rather than costs of single components like capital. By taking this approach we find that the history of coal-fired electricity suggests there is a fluctuating floor to its future costs, which is determined by coal prices. Even if construction costs resumed a decreasing trend, the cost of coal-based electricity would drop for a while but eventually be determined by the price of coal, which fluctuates while showing no long-term trend. - Research highlights: → 125-year history highlights the dominant determinants of coal-fired electricity costs. → Results suggest a fluctuating floor to future costs, determined by coal prices. → Analysis emphasizes importance of comparing technologies using decomposed total costs.

  1. Possibility of chemical products from coal

    Energy Technology Data Exchange (ETDEWEB)

    Harris, G A; Sinnett, C E; Swift, H E

    1982-01-01

    An account of the SRC-II plant, which produces solvent refined coal (SRC), a liquid product. SRC is a raw material with potential as a new source of hydrocarbons. Topics discussed include the possibilities of its use as a petrochemical feedstock; derivatives and the amounts obtained; economic assessments and expected prices. The translator of this article puts forward the view that, due to the difficulty of obtaining the type of coal needed for SRC-II, the best policy for Japanese coal liquefaction is methanol synthesis.

  2. The long term means coal market improvements

    Energy Technology Data Exchange (ETDEWEB)

    Soras, C.G.; Stodden, J.R.

    1988-01-01

    Statistical data for the US coal industry in 1987 are presented - coal production, energy consumption, inventories, exports, operating rate, employment, hours worked, wages, electric power output, raw steel production, new orders for blast furnaces and steel mills, and fuel oil prices - and contrasted with the situation a year before. The US economy and trade figures are discussed. It is believed that the coal industry stands to benefit from the changing mix of economic activity but must strive to keep competitive. 1 tab., 1 fig.

  3. Quarterly coal report, July--September 1993

    Energy Technology Data Exchange (ETDEWEB)

    1994-02-18

    The Quarterly Coal Report (QCR) provides comprehensive information about US coal production, distribution, exports, imports, receipts, prices, consumption, and stocks to a wide audience, including Congress, Federal and State agencies, the coal industry, and the general public. Coke production, consumption, distribution, imports, and exports data are also provided. The data presented in the QCR are collected and published by the Energy Information Administration (EIA) to fulfill data collection and dissemination responsibilities as specified in the Federal Energy Administration Act of 1974 (Public Law 93-275), as amended.

  4. Quarterly coal report, October--December 1997

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-05-01

    The Quarterly Coal Report (QCR) provides comprehensive information about US coal production, distribution, exports, imports, receipts, prices, consumption, and stocks to a wide audience, including Congress, Federal and State agencies, the coal industry, and the general public. Coke production, consumption, distribution, imports, and exports data are also provided. The data presented in the QCR are collected and published by the Energy Information Administration (EIA) to fulfill data collection and dissemination responsibilities. This report presents detailed quarterly data for october through December 1997 and aggregated quarterly historical data for 1991 through the third quarter of 1997. Appendix A displays, from 1991 on, detailed quarterly historical coal imports data, as specified in Section 202 of the energy Policy and Conservation Amendments Act of 1985 (Public Law 99-58). Appendix B gives selected quarterly tables converted to metric tons. To provide a complete picture of coal supply and demand in the US, historical information has been integrated in this report. 8 figs., 73 tabs.

  5. Coal marketability: Effects of deregulation and regulation

    International Nuclear Information System (INIS)

    Attanasi, E.

    2000-01-01

    Electrical utility deregulation will force power plants to compete for sales because they will not longer have captive markets. Market uncertainty and uncertainty about future environmental regulations have encouraged power plants to shift to low sulfur coal and/or to use emissions allowances to comply with Phase 2 of the 1990 Clean Air Act Amendments. Mines in Northern and Central Appalachia and the Illinois Basin shipped 240 million tons of non-compliance coal to power plants without scrubbers in 1997. Under Phase 2, this coal will be replaced by low sulfur coal and/or be used with emission permits. It is possible that Powder River Basin coal production will have to increase by over 200 million tons/year to meet new demand. The prices of emissions permits will impose penalties on non-compliance coal that will probably drive out marginal coal producers. For example, if the cost of an emission permit is $200, coal from the Pittsburgh bed could bear a sulfur penalty of $6.55 per ton and similarly, coal from the Herrinbed could bear a penalty of $8.64 per ton

  6. Bad weather for the IPCC: from Nobel price to affairs, rise and fall of climate experts; Sale temps pour le GIEC: Du prix Nobel aux affaires, grandeur et decadence des experts du climat

    Energy Technology Data Exchange (ETDEWEB)

    Dubuis, E.

    2010-07-01

    The intergovernmental panel on climate change, IPCC, or GIEC in French, has become in 20 years one of the most influent organization in the world. Awarded by the Nobel price of peace in 2007, this expression of the United Nations has succeeded in setting the fight against global warming at the top of the international political agenda, in particular during the 2009 Copenhagen meeting. What are the keys of this success? The IPCC has announced a global warming with disastrous effects, where floods would combine with dryness periods, epidemics and other natural disasters. Such a dark picture cannot leave anyone indifferent and allows the IPCC to encourage the humanity to drastically change its consumption habits and limit its way of life. However, to raise such fears and ask for such sacrifices, an organization like the IPCC must be irreproachable. And here is the problem reported in this book: the IPCC has shown its weaknesses, has made mistakes, has used unappropriated methods and miscasting personnel, has been uncapable to explain the complexness of the climate question and has felt reticent about the recognition of its mistakes. Revealed between fall 2009 and winter 2010, these failures have shaken the credibility of the organization to such a point that the UN requested an expertise to judge its own experts. (J.S.)

  7. OPEC's optimal crude oil price

    International Nuclear Information System (INIS)

    Horn, Manfred

    2004-01-01

    OPEC decided to stabilise oil prices within a range of 22-28 US Dollar/barrel of crude oil. Such an oil-price-level is far beyond the short and long run marginal costs of oil production, beyond even that in regions with particularly high costs. Nevertheless, OPEC may achieve its goal if world demand for oil increases substantially in the future and oil resources outside the OPEC are not big enough to accordingly increase production. In this case OPEC, which controls about 78% of world oil reserves, has to supply a large share of that demand increase. If we assume OPEC will behave as a partial monopolist on the oil market, which takes into consideration the reaction of the other producers to its own sales strategy, it can reach its price target. Lower prices before 2020 are probable only if the OPEC cartel breaks up. Higher prices are possible if production outside OPEC is inelastic as assumed by some geologists, but they would probably stimulate the production of unconventional oil based on oil sand or coal. Crude oil prices above 30 US Dollar/barrel are therefore probably not sustainable for a long period. (Author)

  8. United Kingdom: 'competition can force prices up'

    International Nuclear Information System (INIS)

    Powe, I.

    1992-01-01

    The increased demand for natural gas and price considerations are examined. The recent undertaking of British Gas to place storage and transmission in a separate regulated division with transparent accounts is reported, and the possible rise in the price of gas when British Gas has to pay commercial rates to the separate division is considered. (UK)

  9. Carbon prices and CCS investment: A comparative study between the European Union and China

    International Nuclear Information System (INIS)

    Renner, Marie

    2014-01-01

    Carbon Capture and Storage is considered as a key option for climate change mitigation; policy makers and investors need to know when CCS becomes economically attractive. Integrating CCS in a power plant adds significant costs which can be offset by a sufficient CO 2 price. However, most markets have failed: currently, the weak carbon price threatens CCS deployment in the European Union (EU). In China, a carbon regulation is appearing and CCS encounters a rising interest. This study investigates two questions: how much is the extra-cost of a CCS plant in the EU in comparison with China? Second, what is the CO 2 price beyond which CCS plants become more profitable than reference plants in the EU and in China? To address these issues, I conducted a literature review on public studies about CCS costs. To objectively assess the profitability of CCS plants, I constructed a net present value model to calculate the Levelised Cost of Electricity and the breakeven CO 2 price. CCS plants become the most profitable plant type beyond 115 €/tCO 2 in the EU vs. 45 €/tCO 2 in China (offshore transport and storage costs). I advise on the optimal plant type choice depending on the CO 2 price in both countries. - Highlights: • I develop a method to objectively update and compare CCS costs in the EU and China. • To represent investment choices, intra and inter CO 2 switching prices are required. • EU CCS plants are profitable for a CO 2 price higher than 115 €/t (offshore storage). • Chinese CCS plants are profitable beyond 45 €/tCO 2 (35 €/tCO 2 with onshore storage). • With 2030 projections, CCS (coal) plants are profitable in China but not in the EU

  10. The evolution of hard coal trade in the Pacific market

    International Nuclear Information System (INIS)

    Ekawan, Rudianto; Duchene, Michel; Goetz, Damien

    2006-01-01

    This article analyses the evolution of hard coal trade in the Asia Pacific region, known as the Pacific market, from the 1980s to the present years. It investigates the development of the trade pattern, the nature of contracts, the price setting, the supply demand and the future of trade. Over the last two decades, the international trade in the Pacific market has achieved dramatic increases in coal commerce. This achievement is due to strong demand in Japan and North-east Asian countries and progressive coal export in Australia and Indonesia. It is likely that this market will continue to expand and become a more important market in replacing the Atlantic market. In this market, historically, long-term supply contracts were usual and concluded between producer and consumer. Even recently, there are still annual contracts, but with a small number of deals. In contrast, spot transactions are now becoming more important. Previously, Japan had been influential in price setting by establishing 'a benchmark price' with Australian coal suppliers. Afterward 'a reference price' was becoming a trend. Nowadays, spot price indices, such as the Barlow Jonker, the Barlow Jonker ACR and globalCOAL, have become important to set the price. The Pacific market growth is not without problems. The exporter countries, particularly Australia and Indonesia, have some challenges that if they are not resolved at present, it would implicate the performance of the coal trade

  11. Coal preparation

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    The acid rain control legislation has prompted the Department of Energy (DOE) to seek new technology using the Clean Coal Technology program solicitation. The main goal of the program is to reduce SO 2 emissions below 9 Mt/a (10 million stpy) and NO x emission below 5.4 Mt/a (6 million stpy) by the year 2000. This would be accomplished by using precombustion, combustion, post combustion and conversion technology. Utilities are considering installing new scrubbers, switching fuel or possibly deep clean. However, the time required to implement the control technology is short. Due to the legislation, about 110 plants will have to adopt one of the approaches. This paper reports that in characterization of coal, Ames Laboratory used a scanning electron microscope- based, automated image analysis (SEM-AIA) technique to identify coal and mineral matter association. Various forms of organic sulfur were identified using peroxyacetic acid oxidation of coal. This was followed by subsequent microscopic, GC-MS, and HRMS analysis by Southern Illinois University. In ultrafine grinding of coal, it was reported by the Mining and Mineral Institute of Alabama that silica sand or flint shot used less energy compared to steel ball mills

  12. Model documentation coal market module of the National Energy Modeling System

    International Nuclear Information System (INIS)

    1997-02-01

    This report documents the objectives and the conceptual and methodological approach used in the development of the Coal Production Submodule (CPS). It provides a description of the CPS for model analysts and the public. The Coal Market Module provides annual forecasts of prices, production, and consumption of coal

  13. Fuel supply investment cost: coal and nuclear. Commercial electric power cost studies (6)

    International Nuclear Information System (INIS)

    1979-04-01

    This study presents an accounting model for calculating the capital investment requirements for coal and nuclear fuel supply facilities. The study addresses mining, processing, fabrication, and transportation of coal and nuclear fuels. A generic example is provided, for coal from different sources, and for nuclear fuel. The relationship of capital investment requirements to delivered prices is included in each example

  14. Model documentation coal market module of the National Energy Modeling System

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-02-01

    This report documents the objectives and the conceptual and methodological approach used in the development of the Coal Production Submodule (CPS). It provides a description of the CPS for model analysts and the public. The Coal Market Module provides annual forecasts of prices, production, and consumption of coal.

  15. Marketplace pricing

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    As discussed in this chapter, interest in marketplace pricing has been increasing in recent years, reflecting the societal trend toward substituting competition for regulation where appropriate. Competition is valuable because it encourages utilities to make efficient decisions with a minimum of regulatory intervention. It enhances efficiency through the incentive for innovation by the regulated companies and by increasing the likelihood they will come forward with proposals for better services, lower prices or both. Ultimately, consumers are beneficiaries. Marketplace pricing is emblematic of the view that the degree of regulation should reflect the degree of market power, that workably competitive markets should be allowed to operate with as little regulatory interference as possible. The Edison Electric Institute has made perhaps the most detailed proposal on marketplace pricing. It and others perceive numerous benefits from this method of pricing transmission services. Given the undeniable market power resulting from line ownership, FERC has emphasized the need to find a workably competitive market before approving such proposals. The ability to make this distinction without a full-blown antitrust review for every transaction is questionable, and FERC has yet to provide generic guidance. Finally, FERC's legal ability to depart from cost-based standards is questionable

  16. Report on Seminar on Clean Coal Technology '93; Clean coal technology kokusai seminar hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1993-11-01

    The program of the above clean coal technology (CCT) event is composed of 1) Coal energy be friendly toward the earth, 2) Research on CCT in America (study of coal structure under electron microscope), and 3) Research on CCT in Australia (high intensity combustion of ultrafine coal particles in a clean way). Remarks under item 1) are mentioned below. As for SO{sub 2} emissions base unit, Japan's is 1 at its coal-fired thermal power station while that of America is 7.8. As for the level of SO{sub 2}/NOx reduction attributable to coal utilization technologies, it rises in the order of flue gas desulfurizer-aided pulverized coal combustion, normal pressure fluidized bed combustion, pressurized fluidized bed combustion, integrated coal gasification combined cycle power generation, and integrated coal gasification combined cycle power generation/fuel cell. As for the level of CO2 reduction attributable to power generation efficiency improvement, provided that Japan's average power generation efficiency is 39% and if China's efficiency which is now 28% is improved to be similar to that of Japan, there will be a 40% reduction in CO2 emissions. Under item 2) which involves America's CCT program, reference is made to efforts at eliminating unnecessary part from the catalytic process and at reducing surplus air, to the export of CCT technology, and so forth. Under item 3), it is stated that coal cleaning may govern reaction efficiency in a process of burning coal particles for gasification. (NEDO)

  17. The Global Economic Crisis and the Africa Rising Narrative

    African Journals Online (AJOL)

    growth back on the global agenda, with lowering oil prices and the rising of fracking .... workforce is informalised labour (Bieler et al 2008), while in the rural areas .... community gardens, and socially-owned renewable energy projects, which.

  18. Distilling coal

    Energy Technology Data Exchange (ETDEWEB)

    Blythe, F C

    1914-09-14

    In the destructive distillation of bituminous coal, heavy hydrocarbon oil, such as petroleum, kerosine, shale oil, and heavy tar oil, obtained in some cases during the process, is added to the coal, which is then distilled under pressure and at a comparatively low temperature regulated so as to produce a large proportion of hydrocarbon oils and a small proportion of permanent gas. In one method, about 5 to 10 parts of hydrocarbon oil are mixed with 100 parts of crushed or ground coal, and the mixture is heated in a closed vessel, provided in some cases with an agitator, under a pressure of about 60 lb/in/sup 2/, and the temperature may be gradually raised to 350/sup 0/C and then to about 500/sup 0/C. The heating may be by means of superheated steam with or without external heat.

  19. Energy strategy would slow coal's growth, says DOE

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    The National Energy Strategy (NES) recently announced by the Bush Administration would slow the growth in use of coal by hundreds of millions of tons of coal by hundreds of millions of tons after 2000, according to the Department of Energy's (DOE) own figures. If today's policies are continued, coal consumption will nearly triple by 2030. Current annual consumption of more than 900 million tons (19 quadrillion Btus) would rise to 1,550 million tons in 2010 and to nearly 2,600 million tons by 2030. Coal's share of electricity generation, now about 55%, would grow to 75% by 2030 under the current policy base assumptions of the DOE. The NES, however, projects that surge of nuclear power plant construction will stem the growth of coal use. The strategy would still increase coal use, from 19 quadrillion Btus today to about 28 quads in 2010, but to only 32 quads by 2030. By 2030, coal would account for less than 50% of electricity generation under the NES. Total clean coal technologies capacity is substantially lower under the NES scenario case than under the clean coal actions alone. The strategy also contains good news for the coal industry in the short run. It holds out two main goals for coal policy: maintaining coal's competitiveness while meeting environmental, health and safety requirements; and creating a favorable export climate for US coal and coal technology

  20. Too little oil, too much coal: Optimal carbon tax and when to phase in oil, coal and renewables

    OpenAIRE

    van der Ploeg, Frederick; Withagen, Cees A.

    2011-01-01

    Our main message is that it is optimal to use less coal and more oil once one takes account of coal being a backstop which emits much more CO2 than oil. The way of achieving this is to have a steeply rising carbon tax during the initial oil-only phase, a less-steeply rising carbon tax during the intermediate phase where oil and coal are used alongside each other and the following coal-only phase, and a flat carbon tax during the final renewables-only phase. The "laissez-faire" outcome uses co...

  1. The impact of resource tax reform on China's coal industry

    International Nuclear Information System (INIS)

    Liu, Huihui; Chen, ZhanMing; Wang, Jianliang; Fan, Jihong

    2017-01-01

    Contributing to approximately two-thirds of primary energy consumption, coal usage is the focus of China's energy policies. To regulate the resource taxation system and reduce the burden of coal enterprises, the Chinese government launched a reform of its resource tax system in 2014 for coal, introducing the ad valorem system to replace the volume-based system that had been in place for the preceding thirty years. To assess the impact of the tax reform, this paper constructs two-stage dynamic game models by taking the coal and coal-fired power industries as the players. The market situations of shortage and oversupply are investigated separately. Empirical data are collected to estimate the model parameters for numerical simulations. The model results suggest that the tax reform will reduce both coal prices and the coal industry profitability if the tax levied on each ton of coal is maintained at the same level as before the reform, regardless of whether the market is in a shortage or an oversupply situation. However, the increased buyer's power will amplify the effect of the tax reform. The numerical simulations also provide an estimation of the tax rate of the ad valorem system that maintains the profit of the coal industry. Considering the demand and supply situations in China's coal market, policy recommendations are provided to guide further reform of China's resource tax system. - Highlights: • The paper examines the influence of resource tax reform on China's coal industry. • We construct two-stage game models between coal and coal-fired power industries. • Market situations of shortage and oversupply are studied in two taxation systems. • Coal price will decrease if maintaining the tax levied on each ton of coal the same. • To achieve the reform objective, the ad valorem tax rate should not be set too high.

  2. Oxidation and carbonisation of coals: a case study of coal fire affected coals from the Wuda coalfield, Inner Mongolia, China

    Science.gov (United States)

    Kus, Jolanta; Meyer, Uwe; Ma, Jianwei; Chen-Brauchler, Dai

    2010-05-01

    At the coalfield of Wuda (Inner Mongolia, PR China) extensive underground coal fires cause widespread thermal and oxidative effects in coal seams. Within phase B of the Coal Fire Research Project of the Sino-German Initiative, methods for innovative fire-extinguishing technologies were investigated in multifaceted research approaches. Extensive investigations of oxidative and thermally affected coal seams in coal fire zone 18 were conducted in 2008 prior to application of new fire-extinguishing methods. We present results from the outcrop of coal seam No. 4 in the fire zone 18. The coal of seam No. 4 is of Early Permian age and belongs stratigraphically to the Shanxi Formation. The unaffected coal displays a high volatile bituminous A rank with a background value of random vitrinite reflectance ranging from 0.90 to 0.96 % Rr. Coal channel samples were coallected at actively extracted coal faces along multiple profiles with surface temperatures ranging from about 50° to 600°C. Microscopic examinations revealed a variety of products of coal exposure to the fire. Within coal samples, a marked rise in vitrinite reflectance from background values to 5.55% Rr (6.00 % Rmax) is encountered. In addition, a number of coal samples showed suppressed vitrinite reflectances ranging between 0.82 to 0.88% Rr. Further, seemingly heat unaffected coal samples display intensive development of oxidations rims at coal grain edges and cracks as well as shrinkage cracks and formation of iron oxides/hydroxides. Instead, thermally affected coal samples with higher coalification grade are further characterised by development of macropores (devolatilisation pores) in vitrinitic streaks, transformation of liptinite to meta-liptinite and micrinite as well as by natural coke particles of mostly porous nature and fine to coarse grained anisotropic mosaic. Coal petrographic investigations confirmed a hypothesis that both, oxidations as well as low temperature carbonisation govern the thermal

  3. Coal trends and prospects in Malaysia. Malaysia no sekitan doko to mitoshi

    Energy Technology Data Exchange (ETDEWEB)

    Husin, T. (Tenaga Nasional Berhad (Malaysia))

    1993-03-01

    This paper describes problems in coal development and coal processing techniques used in Malaysia. Malaysia has a national organization placing importance on maximizing natural gas source development, but no such an organization is available for coal. Necessity exists in developing transportation infrastructures that can transport coal at a competitive price from coal mines to users inside and outside the country. Majority of the Merit Pila coal is produced in mines with relatively thin coal beds, which raise production cost higher. Coal resources are mostly of low calorific power. Since the coal resource development is a new economic activity, it requires training of people in related areas, and frameworks of legislative regulation. Important in coal development is to select technologies that can meet environmental requirements and stand with competitions in the world coal markets. New coal processing technologies available for discussion in coal refining processes include relaxed gasification or pyrolysis, coal liquefaction, coal-water mixture to mix coal powder and water with additives, coal pretreatment techniques, coal cleaning techniques, and fluidized bed combustion. 1 fig., 1 tab.

  4. Electricity pricing

    International Nuclear Information System (INIS)

    Wijayatunga, P.D.C.

    1994-01-01

    Electricity pricing in most countries, especially in the developing world, has been determined by traditional accounting criteria where it raises revenue requirements to cover the operating costs and a return on past and future capital investments in possible power systems. The use of economic principles to improve the total economic efficiency in the electricity industry is discussed. Basic marginal cost theory, long run marginal costing (LRMC) cost categories and rating periods, marginal capacity costs, marginal energy costs, consumer costs, short run marginal costing (SRMC), marginal cost of fuel, marginal cost of network losses, market clearing price, value of unserved energy and network quality of supply cost are discussed

  5. Natural gas prices

    International Nuclear Information System (INIS)

    Johnson, W.A.

    1990-01-01

    Since the 1970s, many electric utilities and industrial boiler fuel users have invested in dual fuel use capability which has allowed them to choose between natural gas, residual fuel oil, and in some instances, coal as boiler fuels. The immediate reason for this investment was the need for security of supply. Wellhead regulation of natural gas prices had resulted in shortages during the 1970s. Because many industrial users were given lowest priority in pipeline curtailments, these shortages affected most severely boiler fuel consumption of natural gas. In addition, foreign supply disruptions during the 1970s called into question the ready availability of oil. Many boiler fuel users of oil responded by increasing their ability to diversify to other sources of energy. Even though widespread investment in dual fuel use capability by boiler fuel users was initially motivated by a need for security of supply, perhaps the most important consequence of this investment was greater substitutability between natural gas and resid and a more competitive boiler fuel market. By the early 1980s, most boiler fuel users were able to switch from one fuel to another and often did for savings measured in pennies per MMBtu. Boiler fuel consumption became the marginal use of both natural gas and resid, with coal a looming threat on the horizon to both fuels

  6. Heating plant overcomes coal crisis

    International Nuclear Information System (INIS)

    Sobinkovic, B.

    2006-01-01

    At the last moment Kosice managed to overcome the threat of a more than 30-percent heating price increase. The biggest local heat producer, Teplaren Kosice, is running out of coal supplies. The only alternative would be gas, which is far more expensive. The reason for this situation was a dispute of the heating plant with one of its suppliers, Kimex. Some days ago, the dispute was settled and the heating plant is now expecting the first wagon loads of coal to arrive. These are eagerly awaited, as its supplies will not last for more than a month. It all started with a public tender for a coal supplier. Teplaren Kosice (TEKO) announced the tender for the delivery of 120,000 tons of coal in June. Kimex, one of the traditional and biggest suppliers, was disqualified in the course of the tender. The winners of the tender were Slovenergo, Bratislava and S-Plus Trade, Vranov nad Toplou. TEKO signed contracts with them but a district court in Kosice prohibited the company from purchasing coal from these contractors. Kimex filed a complaint claiming that it was disqualified unlawfully. Based on this the court issued a preliminary ruling prohibiting the purchase of coal from the winners of the tender. The heating plant had to wait for the final verdict. The problem was then solved by the company's new Board of Directors, who were appointed in mid October who managed to sign new contracts with the two winners and Kimex. The new contracts cover the purchase of 150-thousand tons of coal, which is 30,000 more than in the original tender specification. Each company will supply one third. (authors)

  7. Oil price, biofuels and food supply

    International Nuclear Information System (INIS)

    Timilsina, Govinda R.; Mevel, Simon; Shrestha, Ashish

    2011-01-01

    The price of oil could play a significant role in influencing the expansion of biofuels, but this issue has yet to be fully investigated in the literature. Using a global computable general equilibrium (CGE) model, this study analyzes the impact of oil price on biofuel expansion, and subsequently, on food supply. The study shows that a 65% increase in oil price in 2020 from the 2009 level would increase the global biofuel penetration to 5.4% in 2020 from 2.4% in 2009. If oil prices rise 150% from their 2009 levels by 2020, the resulting penetration of biofuels would be 9%, which is higher than that would be caused by current mandates and targets introduced in more than forty countries around the world. The study also shows that aggregate agricultural output drops due to an oil price increase, but the drop is small in major biofuel producing countries as the expansion of biofuels would partially offset the negative impacts of the oil price increase on agricultural outputs. An increase in oil price would reduce global food supply through direct impacts as well as through the diversion of food commodities and cropland towards the production of biofuels. - Highlights: ► A global CGE model to analyze impacts of oil price on biofuels and food supply. ► Global biofuel penetration increases from 2.4% (2009) to 5.4% (2020) in baseline. ► A 150% rise of oil price boosts biofuels more than current mandates and targets do. ► Biofuels partially offset drops in agricultural outputs caused by oil price rise. ► Biofuels as well as oil price rise negatively affect global food supply.

  8. An integrated framework for energy pricing in developing countries

    International Nuclear Information System (INIS)

    Munasinghe, M.

    1989-01-01

    In the paper the importance of coordinated energy planning and pricing is emphasized with particular reference to the interrelationships among the pricing polices adopted in various energy subsectors such as electric power, petroleum, natural gas, coal and traditional fuels. Nonconventional sources can also be fitted into this framework. The chief investment issues are also touched to the extent that they strongly influence pricing policy. 15 refs, 7 figs

  9. Evaluation of risk strategy and market efficiency in the International coal market: A case study of the Japanese coking coal market

    International Nuclear Information System (INIS)

    Wang, T.

    1992-01-01

    Market efficiency and buyers' risk strategy in the Japanese coking import market are examined. The Japanese coal market is found to be inefficient. Japanese buyers traditionally have purchased coals from the United States at a high price and, since the second half of the 1980's, have paid the highest average price to Canadian producers. Given the abundant low cost Australian coals, this purchasing pattern does not meet the cost minimization criteria for efficiency. This is explained mainly by the buyers' risk management strategy. To more accurately examine price differentiation, the complexity of coal quality is considered first. A statistical method is used to estimate comparison of supply regions and a detailed investigation on market conduct is based on quality-adjusted prices, which are assumed to represent the prices of homogeneous coals. Although various reasons are used by researchers to explain Japanese buyers power, this study finds vertical integration of the Japanese companies to be the most important factor creating that power. A detailed survey of vertical integration is made. Finally, a monetary value of the risk premium is estimated by using the partial elasticity of substitution. Total payments by Japanese coking coal buyers for risk premiums are estimated. These represent the extra dollars paid by the Japanese to US and Canadian coal producers for purchasing their coals instead of Australian coals

  10. Opportunities that abound for British coal--if only

    Energy Technology Data Exchange (ETDEWEB)

    1984-04-01

    The chairman of the National Coal Board discusses primary-energy consumption from 1965, with major emphasis on coal. He points out that coal consumption showed growth after 1975, but before then - except for a boost in 1973 - real expansion has been quite slow. World coal resources and reserves are presented. Because several countries are able to deliver coal into Europe at prices which are lower than the National Coal Board's average cost, Britain must reduce production costs in order to compete more effectively worldwide. Patterns of costs could be improved if more output was to be concentrated at the modern, more-productive collieries. Investment in coal mining is at one of the highest levels of investment of any industry in Britain today.

  11. Russia - overview of the current and future prospects for the coal industry

    Energy Technology Data Exchange (ETDEWEB)

    Kovalchouk, A. [Coal Marketing Research Institute Ltd. (Russian Federation)

    2001-07-01

    The importance of coal for energy and economic security in Russia is being reconsidered. Following revival of the world coal market, Russian coal exports reached a peak of 42 mt in the year 2000. However, coal demand by the national market is low as the economy is oriented towards natural gas. The poor condition of mine transport and mining machinery hampers coal exports. 70% of the country's coal output is from private companies which currently have insufficient funds for investment needed. Rises in railway rates for coal have affected the competitiveness of coal both at home and abroad. However, these problems are not unsurmountable and the market for Russian coal is predicted to grow up to 2005, mainly with coal from the Kuznetsk Basin. From 2005-2010 exports will depend on commissioning of new export-oriented capacity and completion of a railway line and coal terminal.

  12. The coal question that emissions trading has not answered

    International Nuclear Information System (INIS)

    Pearse, Rebecca

    2016-01-01

    Can emissions trading assist with the task of placing a limit on coal production and consumption in Australia? This paper outlines a critical political economy perspective on coal and a flagship ‘market mechanism’ for emissions reduction. The prospects for an effective emissions trading scheme in coal-dominated economies are considered in light of its theoretical justifications as well as recent attempts to price carbon in Australia. Emissions trading is a weak instrument that does not address real-world failures of coal governance. At their theoretical best, carbon prices produce marginal changes to the cost structure of production. In practice, the Australian case demonstrates emissions trading is an attempt to displace the emissions reduction task away from coal, through compensation arrangements and offsetting. In light of the urgent need to rapidly reduce global emissions, direct regulation and democratisation of coal production and consumption should be flagship climate policy. - Highlights: • Emissions trading schemes (ETS) are weak instruments for placing a limit on coal. • Pre-existing failures of coal governance cannot be addressed by emissions trading. • Considerable transfers of public wealth to coal companies occurred as part of the Australian ETS. • Carbon offset arrangements spatially displace responsibility for reducing emissions away from coal.

  13. Strategic considerations for clean coal R and D

    International Nuclear Information System (INIS)

    McMullan, J.T.; Williams, B.C.; McCahey, S.

    2001-01-01

    While present interest in coal-fired power generation is centred on the developing countries, with new natural-gas-fired power stations predominating in the developed world, in the long term coal will return to being the fuel of choice for power generation for much of the world. To minimise the global impact of coal use it is essential, therefore, that coal technologies are developed that are efficient, clean and economically attractive. Techno-economic analyses of the options for coal are presented together with a strategic overview of potential lines of development. The broad conclusions are that new coal plants will not be truly competitive with natural gas until the price of gas increases to about 3.3 EURO/GJ, compared with a coal price of 1.3 EURO/GJ. Present state-of-the-art pulverised coal-fired plant is close to its optimum techno-economic performance and further improvements depend on the development of cost-effective super-alloys. However, there are good opportunities to increase the efficiency of coal use to greater than 50% (LHV basis) using gasification-based power generation cycles. Unless credit is given for the much lower emissions provided by these cycles, the pulverised coal and pressurised fluidised bed combustion will remain the most economic options. (author)

  14. Natural gas pricing policies in Southeast Asia

    International Nuclear Information System (INIS)

    Pacudan, R.B.

    1998-01-01

    The very dynamic economies of Southeast Asia have recently been experiencing a rapid increase in energy demand. Parallel to this development, there has been an increase in the utilization of indigenous natural gas resources. This article reviews gas-pricing policies in the region, which partly explain the rise in gas utilization. Although diverse, energy pricing policies in Southeast Asia address the common objective of enhancing domestic gas production and utilization. The article concludes that a more rational gas-pricing policy framework is emerging in the region. In global terms, gas pricing in the region tends to converge in a market-related framework, despite the many different pricing objectives of individual countries, and the predominance of non-economic pricing objectives in certain countries (especially gas-rich nations). Specifically, governments have been flexible enough to follow global trends and initiate changes in contractual agreements (pricing and profit-sharing), giving oil companies more favourable terms, and encouraging continued private investment in gas development. At the same time, promotional pricing has also been used to increase utilization of gas, through set prices and adjusted taxes achieving a lower price level compared to substitute fuels. For an efficient gas-pricing mechanism, refinements in the pricing framework should be undertaken, as demand for gas approaches existing and/or forecast production capacities. (author)

  15. Clearwood quality and softwood lumber prices: what's the real premium?

    Science.gov (United States)

    Thomas R. Waggener; Roger D. Fight

    1999-01-01

    Diminishing quantities of appearance grade lumber and rising price premiums for it have accompanied the transition from old-growth to young-growth timber. The price premiums for better grades are an incentive for producers to undertake investments to increase the yield of those higher valued products. Price premiums, however, are also an incentive for users to...

  16. Trends in College Pricing, 2013. Trends in Higher Education Series

    Science.gov (United States)

    Baum, Sandy; Ma, Jennifer

    2013-01-01

    Concerns about rising tuition and how students can afford to finance their major investments in postsecondary education are widespread. Solid insights into these questions require accurate and up-to-date information about prices. "Trends in College Pricing, 2013" reports on the prices charged by colleges and universities in 2013-14, how…

  17. Coal Mines Security System

    OpenAIRE

    Ankita Guhe; Shruti Deshmukh; Bhagyashree Borekar; Apoorva Kailaswar; Milind E.Rane

    2012-01-01

    Geological circumstances of mine seem to be extremely complicated and there are many hidden troubles. Coal is wrongly lifted by the musclemen from coal stocks, coal washeries, coal transfer and loading points and also in the transport routes by malfunctioning the weighing of trucks. CIL —Coal India Ltd is under the control of mafia and a large number of irregularities can be contributed to coal mafia. An Intelligent Coal Mine Security System using data acquisition method utilizes sensor, auto...

  18. Coal at the crossroads

    International Nuclear Information System (INIS)

    Scaroni, A.W.; Davis, A.; Schobert, H.; Gordon, R.L.; Ramani, R.V.; Frantz, R.L.

    1992-01-01

    Worldwide coal reserves are very large but coal suffers from an image of being an environmentally unfriendly and inconvenient fuel. Aspects discussed in the article include: coal's poor image; techniques for coal analysis, in particular instrumented techniques; developments in clean coal technology e.g. coal liquefaction, fluidized bed combustion, co-generation and fuel slurries; the environmental impact of mining and land reclamation; and health aspects. It is considered that coal's future depends on overcoming its poor image. 6 photos

  19. Cigarette price minimization strategies in the United States: price reductions and responsiveness to excise taxes.

    Science.gov (United States)

    Pesko, Michael F; Licht, Andrea S; Kruger, Judy M

    2013-11-01

    Because cigarette price minimization strategies can provide substantial price reductions for individuals continuing their usual smoking behaviors following federal and state cigarette excise tax increases, we examined independent price reductions compensating for overlapping strategies. The possible availability of larger independent price reduction opportunities in states with higher cigarette excise taxes is explored. Regression analysis used the 2006-2007 Tobacco Use Supplement of the Current Population Survey (N = 26,826) to explore national and state-level independent price reductions that smokers obtained from purchasing cigarettes (a) by the carton, (b) in a state with a lower average after-tax cigarette price than in the state of residence, and (c) in "some other way," including online or in another country. Price reductions from these strategies are estimated jointly to compensate for known overlapping strategies. Each strategy reduced the price of cigarettes by 64-94 cents per pack. These price reductions are 9%-22% lower than conventionally estimated results not compensating for overlapping strategies. Price reductions vary substantially by state. Following cigarette excise tax increases, the price reduction available from purchasing cigarettes by cartons increased. Additionally, the price reduction from purchasing cigarettes in a state with a lower average after-tax cigarette price is positively associated with state cigarette excise tax rates and border state cigarette excise tax rate differentials. Findings from this large, nationally representative study of cigarette smokers suggest that price reductions are larger in states with higher cigarette excise taxes, and increase as cigarette excise taxes rise.

  20. Carbon pricing and the competitiveness of nuclear power

    International Nuclear Information System (INIS)

    Keppler, J.H.; Marcantonini, C.

    2011-01-01

    A recent NEA study entitled Carbon Pricing, Power Markets and the Competitiveness of Nuclear Energy assesses the competitiveness of nuclear power against coal- and gas-fired power generation in liberalised electricity markets with either CO 2 trading or carbon taxes. It uses daily price data for electricity, gas, coal and carbon from 2005 to 2010, which encompasses the first years of the European Emissions Trading System (EU ETS), the world's foremost carbon trading framework. The study shows that even with modest carbon pricing, competition for new investment in electricity markets will take place between nuclear energy and gas-fired power generation, with coal-fired power struggling to be profitable. The data and analyses contained in the study provide a robust framework for assessing cost and investment issues in liberalised electricity markets with carbon pricing, even in the post-Fukushima context. A summary of the publication main elements is provided in this paper

  1. How market structure drives commodity prices

    Science.gov (United States)

    Li, Bin; Wong, K. Y. Michael; Chan, Amos H. M.; So, Tsz Yan; Heimonen, Hermanni; Wei, Junyi; Saad, David

    2017-11-01

    We introduce an agent-based model, in which agents set their prices to maximize profit. At steady state the market self-organizes into three groups: excess producers, consumers and balanced agents, with prices determined by their own resource level and a couple of macroscopic parameters that emerge naturally from the analysis, akin to mean-field parameters in statistical mechanics. When resources are scarce prices rise sharply below a turning point that marks the disappearance of excess producers. To compare the model with real empirical data, we study the relationship between commodity prices and stock-to-use ratios in a range of commodities such as agricultural products and metals. By introducing an elasticity parameter to mitigate noise and long-term changes in commodities data, we confirm the trend of rising prices, provide evidence for turning points, and indicate yield points for less essential commodities.

  2. Solid fuels. Coal. Economy and resources

    International Nuclear Information System (INIS)

    Bautin, F.; Martin-Amouroux, J.M.

    2007-01-01

    The share of coal in the world energy mix (25%) and its possible increase during the next decades is due to its specific use in steelmaking industry and to its excellent competitiveness in fossil-fuel power plants with respect to other energy sources. Its inferior energy efficiency is compensated by lower and more stable prices on international markets. This situation is explained by a strong competition and abundant reserves. However, coal is a strong emitter of greenhouse gases and would be temporarily penalized by the implementation of emission tax or trading systems before the development of carbon sequestration systems. This article presents: the main world markets (consumption per sector of activity, power generation market, coke market, start-up of a synthetic fuels market), the main international coal producers and traders (overview and typology, international trades, transport), the reserves and resources, and the worldwide perspectives (2050 scenarios, climatic risks, CO 2 prices and technological changes). (J.S.)

  3. Quarterly coal report, January--March 1993

    Energy Technology Data Exchange (ETDEWEB)

    1993-08-20

    The United States produced 242 million short tons of coal in the first quarter of 1993, a decrease of 6 percent (14 million short tons) from the amount produced during the first quarter of 1992. The decrease was due to a decline in production east of the Mississippi River. All major coal-producing States in this region had lower coal production levels led by West Virginia, which produced 5 million short tons less coal. The principal reasons for the overall drop in coal output compared to a year earlier were: A decrease in demand for US coal in foreign markets; a slower rate of producer/distributor stock build-up; and a drawn-down of electric utility coal stocks. Distribution of US coal in the first quarter of 1993 was 10 million short tons lower than in the first quarter of 1992, with 5 million short tons less distributed to both electric utilities and overseas markets. The average price of coal delivered to electric utilities during the first quarter of 1993 was $28.65 per short ton, the lowest value since the first quarter of 1980. Coal consumption in the first quarter of 1993 was 230 million short tons, 4 percent higher than in the first quarter of 1992, due primarily to a 5-percent increase in consumption at electric utility plants. Total consumer stocks, at 153 million short tons, and electric utility stocks, at 144 million short tons, were at their lowest quarterly level since the end of 1989. US. coal exports totaled 19 million short tons, 6 million short tons less than in the first quarter of 1992, and the lowest quarterly level since 1988. The decline was primarily due to a 1-million-short-ton drop in exports to each of the following destinations: Italy, France, Belgium and Luxembourg, and Canada.

  4. Quarterly coal report, January--March 1993

    International Nuclear Information System (INIS)

    1993-01-01

    The United States produced 242 million short tons of coal in the first quarter of 1993, a decrease of 6 percent (14 million short tons) from the amount produced during the first quarter of 1992. The decrease was due to a decline in production east of the Mississippi River. All major coal-producing States in this region had lower coal production levels led by West Virginia, which produced 5 million short tons less coal. The principal reasons for the overall drop in coal output compared to a year earlier were: A decrease in demand for US coal in foreign markets; a slower rate of producer/distributor stock build-up; and a drawn-down of electric utility coal stocks. Distribution of US coal in the first quarter of 1993 was 10 million short tons lower than in the first quarter of 1992, with 5 million short tons less distributed to both electric utilities and overseas markets. The average price of coal delivered to electric utilities during the first quarter of 1993 was $28.65 per short ton, the lowest value since the first quarter of 1980. Coal consumption in the first quarter of 1993 was 230 million short tons, 4 percent higher than in the first quarter of 1992, due primarily to a 5-percent increase in consumption at electric utility plants. Total consumer stocks, at 153 million short tons, and electric utility stocks, at 144 million short tons, were at their lowest quarterly level since the end of 1989. US. coal exports totaled 19 million short tons, 6 million short tons less than in the first quarter of 1992, and the lowest quarterly level since 1988. The decline was primarily due to a 1-million-short-ton drop in exports to each of the following destinations: Italy, France, Belgium and Luxembourg, and Canada

  5. Question marks of the Czech coal mining industry

    International Nuclear Information System (INIS)

    Dopita, M.; Pesek, J.

    1995-01-01

    An overview of brown and black coal mining in the Czech Republic is presented, and problems of the extent of coal reserves and of the profitability of deep black coal mining are discussed. Costs of coal mining in foreign countries are given. Coal mining in the Czech Republic can be expected to be loss-making unless coal prices are increased. Since coal resources in the Czech Republic are limited, additional nuclear power plants will have to be constructed or else coal for power generation will have to be imported. The environmental aspects of coal mining and burning are discussed. Medium-term and long-term solutions to reduce the environmental burden include thermal power plant desulfurization, application of the fluidized-bed combustion regime to coals with large ash and/or sulfur contents, and introduction of gas in towns and power plants. In the short run, large-scale consumers in towns and coal basins should be obliged to accumulate reserves of low-sulfur coal for later use. (J.B.). 2 tabs., 3 figs., 8 refs

  6. TRADE-OFFS BETWEEN SEVERANCE TAX REVENUES AND COAL MINING EMPLOYMENT

    OpenAIRE

    Findeis, Jill L.; Shortle, James S.

    1985-01-01

    A severance tax can provide local jurisdictions with additional revenues to finance economic development, yet the imposition of a tax may create coal industry employment losses. This research analyzes this issue by examining the demand for Pennsylvania steam coal, providing estimates of the unconditional own-price elasticities of demand for coal in each of two demand regions. These estimates in conjunction with labor/output coefficient estimates are used to determine the extent to which coal ...

  7. Record prices [crude oil

    International Nuclear Information System (INIS)

    Anon

    2006-01-01

    Crude oil prices climbed to new record levels on fears of a future loss of supplies from Iran as Washington stepped up its efforts to persuade Tehran to abandon its programme to produce nuclear fuel. IPE's December Brent contract set a new record for the exchange by trading at $75.80/bbl on 21st April. On the same day October WTI reached an all-time high of $77.30/bbl on Nymex. US product prices gained as refiners struggled to produce sufficient middle distillate. Alarmed by the rising retail price of gasoline, the US Senate debated a reduction in the already low US tax rate on motor spirit. The House of Representatives passed a measure to prohibit overcharging for petrol, diesel and heating oil, but Democrats rejected a Republican proposal to speed-up the process for approving new refineries. President George W Bush announced a temporary easing of new gasoline and diesel specifications (see 'Focus', March 2006) to allow more fuel to be produced. He also agreed to delay the repayment of some 2.1 mn bbl of crude oil lent to companies after last year's hurricanes from the Strategic Petroleum Reserve. California announced an inquiry into alleged overcharging for fuel by oil companies operating in the state. (author)

  8. Hedging electricity price volatility using nuclear power

    International Nuclear Information System (INIS)

    Mari, Carlo

    2014-01-01

    Highlights: • Nuclear power is an important asset to reduce the volatility of electricity prices. • Unpredictability of fossil fuels and carbon prices makes power prices very volatile. • The dynamics of fossil fuels and carbon prices is described by Brownian motions. • LCOE values, volatilities and correlations are obtained via Monte Carlo simulations. • Optimal portfolios of generating technologies are get using a mean–variance approach. - Abstract: The analysis presented in this paper aims to put in some evidence the role of nuclear power as hedging asset against the volatility of electricity prices. The unpredictability of natural gas and coal market prices as well as the uncertainty in environmental policies may affect power generating costs, thus enhancing volatility in electricity market prices. The nuclear option, allowing to generate electricity without carbon emissions, offers the possibility to reduce the volatility of electricity prices through optimal diversification of power generating technologies. This paper provides a methodological scheme to plan well diversified “portfolios” of generating capacity that minimize the electricity price risk induced by random movements of fossil fuels market prices and by unpredictable fluctuations of carbon credits prices. The analysis is developed within a stochastic environment in which the dynamics of fuel prices as well as the dynamics of carbon credits prices is assumed to evolve in time according to well defined Brownian processes. Starting from market data and using Monte Carlo techniques to simulate generating cost values, the hedging argument is developed by selecting optimal portfolio of power generating technologies using a mean–variance approach

  9. Coal and clean coal technology: challenges and opportunities

    Energy Technology Data Exchange (ETDEWEB)

    Minchener, Andrew [IEA Clean Coal Centre, London (United Kingdom)

    2013-07-01

    Globally, there is a growing concern about fuel diversity and security of supply, particularly with regard to oil and natural gas. In contrast, coal is available from a much wider range of sources and has greater price stability. Consequently, coal use is increasing rapidly, and by 2030 may well reach a level of more than 4,500 Mtoe, corresponding to close to a doubling of current levels. However, at the same time, tightening regulations will require better solutions for achieving environmental compliance, for which coal has a number of key issues to address. Most of the coal will be used in the power generation sector. Consequently, the key research challenges are to develop and deploy methods by which coal can be used cleanly, efficiently, and in a sustainable way. These include improvements to existing coal utilisation technologies, particularly to improve operational flexibility and availability, while reducing energy use through higher efficiencies. There is an increasing need to ensure improved emissions control, with the emphasis on achieving ever-lower emissions of particulates, SO{sub 2} and NO{sub x} while also introducing control of trace species, particularly mercury. Alongside this, a key challenge is the integration of techniques that can capture CO{sub 2} then transport and store it within secure geological formations, thereby resulting in near zero emissions of CO{sub 2}. From a power plant perspective, the need is to achieve such integration while minimising any adverse impact on power plant efficiency, performance of existing emissions control systems, operational flexibility and availability. At the same time, means to minimize the additional costs associated with such technology must be established.

  10. Price changes in the gasoline market: Are Midwestern gasoline prices downward sticky?

    International Nuclear Information System (INIS)

    1999-03-01

    This report examines a recurring question about gasoline markets: why, especially in times of high price volatility, do retail gasoline prices seem to rise quickly but fall back more slowly? Do gasoline prices actually rise faster than they fall, or does this just appear to be the case because people tend to pay more attention to prices when they're rising? This question is more complex than it might appear to be initially, and it has been addressed by numerous analysts in government, academia and industry. The question is very important, because perceived problems with retail gasoline pricing have been used in arguments for government regulation of prices. The phenomenon of prices at different market levels tending to move differently relative to each other depending on direction is known as price asymmetry. This report summarizes the previous work on gasoline price asymmetry and provides a method for testing for asymmetry in a wide variety of situations. The major finding of this paper is that there is some amount of asymmetry and pattern asymmetry, especially at the retail level, in the Midwestern states that are the focus of the analysis. Nevertheless, both the amount asymmetry and pattern asymmetry are relatively small. In addition, much of the pattern asymmetry detected in this and previous studies could be a statistical artifact caused by the time lags between price changes at different points in the gasoline distribution system. In other words, retail gasoline prices do sometimes rise faster than they fall, but this is largely a lagged market response to an upward shock in the underlying wholesale gasoline or crude oil prices, followed by a return toward the previous baseline. After consistent time lags are factored out, most apparent asymmetry disappears

  11. Coal and Energy.

    Science.gov (United States)

    Bryant, Reba; And Others

    This teaching unit explores coal as an energy resource. Goals, student objectives, background information, and activity options are presented for each major section. The sections are: (1) an introduction to coal (which describes how and where coal was formed and explains the types of coal); (2) the mining of coal (including the methods and ways of…

  12. Quarterly coal report July--September 1996, February 1997

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-02-01

    The Quarterly Coal Report (QCR) provides comprehensive information about US coal production, distribution, exports, imports, receipts, prices, consumption, and stocks to a wide audience, including Congress, Federal and State agencies, the coal industry, and the general public. Coke production, consumption, distribution, imports, and exports data are also provided. This report presents detailed quarterly data for July through September 1996 and aggregated quarterly historical data for 1990 through the second quarter of 1996. Appendix A displays, from 1988 on, detailed quarterly historical coal imports data. 8 figs., 72 tabs.

  13. The Economic Impact of Coal Mining in New Mexico

    Energy Technology Data Exchange (ETDEWEB)

    Peach, James; Starbuck, C.

    2009-06-01

    The economic impact of coal mining in New Mexico is examined in this report. The analysis is based on economic multipliers derived from an input-output model of the New Mexico economy. The direct, indirect, and induced impacts of coal mining in New Mexico are presented in terms of output, value added, employment, and labor income for calendar year 2007. Tax, rental, and royalty income to the State of New Mexico are also presented. Historical coal production, reserves, and price data are also presented and discussed. The impacts of coal-fired electricity generation will be examined in a separate report.

  14. Energy prices, equalization and federalism

    Energy Technology Data Exchange (ETDEWEB)

    Courchene, T.J. [Queen' s Univ., Kingston, ON (Canada). School of Policy Studies

    2005-10-01

    A rise in oil prices over the last 30 years has shaped the debate on the equalization formula as well as the nature of fiscal federalism. The oil shocks of 1973 and 1979 contributed to the creation of the National Energy Program (NEP) in 1980 and the Energy Pricing and Taxation Agreement (EPTA) between Ottawa and Alberta in 1981. The current surge in oil prices, to recent highs of $70 a barrel has resulted in a new debate on energy pricing, equalization and fiscal frameworks. This article presented a review of the history of oil and federalism, and proposed a remedy to the horizontal fiscal imbalance by allocating the fixed equalization pool in accordance with fiscal capacity disparities relating to non-resource revenues. An interprovincial revenue-sharing pool was suggested for resource revenues, agreed to and operated by the provinces. It was suggested that after the price spike in 1973 in which the price of oil tripled, a key part of the rationale for imposing export taxes on oil equal to the difference between domestic and world prices was that the federal government could subsidize oil imports into eastern Canada and maintain a uniform domestic price across the country. By continuing to subsidize imports and maintaining a domestic price below the world price, the government has been diverting potential energy revenues from energy-rich provinces and transferring them directly to Canadians in terms of subsidized energy prices. It was noted that energy price surges cannot send equalization payments soaring as they did before because of the 2004 Framework Agreement, in which the overall equalization will be increased to $10.9 billion. A 2-tier approach to equalization was presented, in which it was suggested that the $10.9 billion pool should be allocated with fiscal capacity disparities relating to non-resource revenues. The creation of a revenue sharing pool for resource revenues was recommended. It was suggested that the 2 approaches will result in a strategic

  15. Energy prices, equalization and federalism

    International Nuclear Information System (INIS)

    Courchene, T.J.

    2005-01-01

    A rise in oil prices over the last 30 years has shaped the debate on the equalization formula as well as the nature of fiscal federalism. The oil shocks of 1973 and 1979 contributed to the creation of the National Energy Program (NEP) in 1980 and the Energy Pricing and Taxation Agreement (EPTA) between Ottawa and Alberta in 1981. The current surge in oil prices, to recent highs of $70 a barrel has resulted in a new debate on energy pricing, equalization and fiscal frameworks. This article presented a review of the history of oil and federalism, and proposed a remedy to the horizontal fiscal imbalance by allocating the fixed equalization pool in accordance with fiscal capacity disparities relating to non-resource revenues. An interprovincial revenue-sharing pool was suggested for resource revenues, agreed to and operated by the provinces. It was suggested that after the price spike in 1973 in which the price of oil tripled, a key part of the rationale for imposing export taxes on oil equal to the difference between domestic and world prices was that the federal government could subsidize oil imports into eastern Canada and maintain a uniform domestic price across the country. By continuing to subsidize imports and maintaining a domestic price below the world price, the government has been diverting potential energy revenues from energy-rich provinces and transferring them directly to Canadians in terms of subsidized energy prices. It was noted that energy price surges cannot send equalization payments soaring as they did before because of the 2004 Framework Agreement, in which the overall equalization will be increased to $10.9 billion. A 2-tier approach to equalization was presented, in which it was suggested that the $10.9 billion pool should be allocated with fiscal capacity disparities relating to non-resource revenues. The creation of a revenue sharing pool for resource revenues was recommended. It was suggested that the 2 approaches will result in a strategic

  16. Modelling the impact of oil prices on Vietnam's stock prices

    Energy Technology Data Exchange (ETDEWEB)

    Narayan, Paresh Kumar [School of Accounting, Economics and Finance, Deakin University, Victoria 3125 (Australia); Narayan, Seema [School of Economics, Finance and Marketing, Royal Melbourne Institute of Technology University, Melbourne (Australia)

    2010-01-15

    The goal of this paper is to model the impact of oil prices on Vietnam's stock prices. We use daily data for the period 2000-2008 and include the nominal exchange rate as an additional determinant of stock prices. We find that stock prices, oil prices and nominal exchange rates are cointegrated, and oil prices have a positive and statistically significant impact on stock prices. This result is inconsistent with theoretical expectations. The growth of the Vietnamese stock market was accompanied by rising oil prices. However, the boom of the stock market was marked by increasing foreign portfolio investment inflows which are estimated to have doubled from US$0.9 billion in 2005 to US$1.9 billion in 2006. There was also a change in preferences from holding foreign currencies and domestic bank deposits to stocks local market participants, and there was a rise in leveraged investment in stock as well as investments on behalf of relatives living abroad. It seems that the impact of these internal and domestic factors were more dominant than the oil price rise on the Vietnamese stock market. (author)

  17. Quarterly coal report, January--March 1997

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-08-01

    This Quarterly Coal Report (QCR) provides comprehensive information about U.S. coal production, distribution, exports, imports, receipts, prices, consumption, and stocks to a wide audience,including Congress, Federal and State agencies, the coal industry, and the general public. Coke production, consumption, distribution, imports, and exports data are also provided. The data presented in the QCR are collected and published by the Energy Information Administration (EIA) to fulfill data collection and dissemination responsibilities as specified in the Federal Energy Administration Act of 1974 (Public Law 93-275), as amended. This report presents detailed quarterly data for January through March 1997 and aggregated quarterly historical data for 1991 through the fourth quarter of 1996. Appendix A displays, from 1988 on, detailed quarterly historical coal imports data, as specified in Section 202 of the Energy Policy and Conservation Amendments Act of 1985 (Public Law 99-58). Appendix B gives selected quarterly tables converted to metric tons.

  18. Quarterly coal report, January--March 1994

    Energy Technology Data Exchange (ETDEWEB)

    1994-08-24

    The Quarterly Coal Report (QCR) provides comprehensive information about US coal production, distribution, exports, imports, receipts, prices, consumption, and stocks to a wide audience, including Congress, Federal and State agencies, the coal industry, and the general public. Coke production, consumption, distribution, imports, and exports data are also provided. The data presented in the QCR are collected and published by the Energy Information Administration (EIA) to fulfill data collection and dissemination responsibilities as specified in the Federal Energy Administration Act of 1974 (Public Law 93-275), as amended. This report presents detailed quarterly data for January through March 1994 and aggregated quarterly historical data for 1986 through the fourth quarter of 1993. Appendix A displays, from 1986 on, detailed quarterly historical coal imports data, as specified in Section 202 of the Energy Policy and Conservation Amendments Act of 1985 (Public Law 99-58). Appendix B gives selected quarterly tables converted to metric tons.

  19. Chances of coal in European power industry

    Science.gov (United States)

    Łukaszczyk, Zygmunt; Badura, Henryk

    2017-11-01

    Poland's accession to the European Union has reduced the remnants of import barriers. Moreover, the consolidation and commercialization of the energy sector, the implementation of climate package elements and a whole host of other determinants have caused hard coal mining to begin functioning in a highly competitive market, and its negotiating position, as well as the possibility of survival, depends not only on the level of coal prices in international markets, but also on internal competition. This paper discusses the position of power coal on international markets and presents some current problems concerning the functioning of particular segments of the hard coal market in the European Union and Poland in terms of opportunities and threats that are a result of climate and energy policy.

  20. Impact of Coal Sales on Revenue Sharing Fund And Environment in The South Sumatra Province

    Directory of Open Access Journals (Sweden)

    Fettymia Fettymia

    2018-03-01

    Full Text Available Coal prices between 2006-2015 trend was fluctuate but tend to decrease every year and affect regional income, especially South Sumatra Province. Coal prices fluctuation are influenced by several factors, the decline of world oil prices, coal production surplus, and China imports restriction. Coal mining industry also give a direct impact to the environment especially effect to work environment for the company workers and the people environment around mining. The coal mining company absorbs local labor so as to increase local revenues from individual income taxes. This research use quantitative approach using Ordinary Least Square (OLS analytical method with E-views 7 software. Multiple linier regression technique also applied. The Secondary data is time series of 2006 - 2015. The results presented in form of tables, images and narration. From this research can be drawn conclusion that price fluctuations have no effect on regional income, but production sold has an effect on regional income.

  1. Research on the competitiveness and development strategy of china's modern coal chemical industry

    Science.gov (United States)

    Wang, Q.; Han, Y. J.; Yu, Z. F.

    2016-08-01

    China's modern coal chemical industry has grown into a certain scale after over a decade of development, and remarkable progress has been made in key technologies. But as oil price collapsed since 2015, the economic benefit of the industry also slumped, with loud controversies in China over the necessity of modern coal chemical industry. The research believes that the modern coal chemical industry plays a positive role in the clean and sustainable exploitation of coal in China. It makes profit when oil price is no lower than 60/bbl, and outperforms petrochemical in terms of cost effectiveness when the price is between 60/bbl and 80/bbl. Given the low oil price and challenges posed by environmental protection and water restraints, we suggest that the state announce a guideline quickly, with adjusted tax policies and an encouragement to technological innovation, so that the modern coal chemical industry in China can grow sound and stable.

  2. Recent trends in gas pricing in economies in transition

    International Nuclear Information System (INIS)

    Cornot-Gandolplhe, S.

    1996-01-01

    This paper deals with end-user gas price movements in economies in transition since 1990 and with present problems associated with rising of gas prices levels. The first part stresses the major discrepancies existing between countries in transition with regard to their economic situation and their gas market. Historical gas price movements are shown in the second part, which analyzes the main trends observed in economies in transition and problems encountered when raising the gas prices

  3. Understanding gasoline pricing in Canada

    International Nuclear Information System (INIS)

    Anon.

    2001-01-01

    Pricing policies for gasoline by Canadian oil companies are discussed. An attempt is made to demonstrate that competition between oil companies is extremely keen, and markups are so small that to stay in business, retail outlets have to sell huge volumes and sell non-fuel products, as a means to increase revenues and margins. An explanation is provided for why gasoline prices move in unison, and why what appears to the public as collusion and gouging is, in fact, the result of retail dealers attempting to stay in business. The high prices are attributed mainly to taxes by municipalities, the provinces and the federal government; taxes are said to account for 40 to 50 per cent of the pump price. The cost of crude makes up another 35 to 45 per cent, refining adds 10 to 15 per cent, with the remaining 5 to 10 per cent representing retail costs. (Taxes in the United States average 20 to 30 per cent). Over the longer term, gasoline prices consistently reflect the cost of crude oil, dominated by the OPEC countries which supply about 41 per cent of daily world production. Another factor is the rise of global and regional commodity markets for refined products such as gasoline. Commodity traders buy wholesale gasoline cheaply whenever it is in oversupply, and sell it for a profit into markets where the demand is greater. While this is claimed to ensure competitive prices in all markets, the practice can also trigger abrupt changes in regional markets

  4. Coal: Cornerstone of America`s competitive advantage in world markets

    Energy Technology Data Exchange (ETDEWEB)

    Mills, M.P. [Mills-McCarthy and Associates Inc., Chevy Chase, MD (United States)

    1997-12-31

    The United States` competitive position in world markets will be determined by many forces. Two of the fundamental factors are the increased use of new technologies, and the availability of low-cost electricity to operate those technologies. The US currently has an will likely continue to have market dominance in both these critical areas. Both of these factors are intimately related since the primary source of new technologies is electric in nature. And, because low-cost coal now dominates and will continue to dominate the electric supply system, and because the US has both an abundance of coal and the world`s largest fleet of coal-fired power plants, the US will have an expanding base of low-cost electricity that will secure its current competitive advantage for years to come. Electric technologies and, increasingly, computer-based technologies integrated with electric technologies are the primary sources of innovative advancement and economic growth. As a consequence, the growth in electricity, which has historically tracked GNP growth, is expected to continue. And, with the restructuring of the electric utility industry and the emergence of vigorous competition, prices are expected to decline as competition increases. The net effect of these forces will be to dramatically increase the use of electric technologies -- and those sources of electricity that can provide low-cost electricity. The data show that coal, the primary source of new los-cost electricity, will supply between one-half and three-fourths of all new electric supply through 2010, at prices of about 3{cents}/kWh, and can do so without new power plant construction. Since the use of coal is expected to rise by at least 200 to 250 million tons/year over the current consumption of 850 million tons, and could increase as much as 400 million tons/yr, some have raised concerns about the emissions impact from the power plants. This report also shows that the net effect of increased electric use, assuming

  5. Coal statistics 1977

    Energy Technology Data Exchange (ETDEWEB)

    Statistical Office of the European Communities

    1978-01-01

    Presents tables of data relating to the coal market in the European Community in 1977. The tables cover hard coal production, supply and trade; briquettes; cokes; lignite, brown coal briquettes and peat; and mines and coke ovens.

  6. Australian coal yearbook 1989

    Energy Technology Data Exchange (ETDEWEB)

    Aylward, A [ed.

    1989-01-01

    This yearbook contains a mine directory; details of coal export facilities and ports; annual coal statistics; a buyers' guide; names and addresses of industry organisations and an index of coal mine owners.

  7. Australian black coal statistics 1990

    Energy Technology Data Exchange (ETDEWEB)

    1991-01-01

    This second edition of Australian black coal statistics replaces the Joint Coal Board's publication 'Black coal in Australia'. It includes an expanded international coal trade supplement. Sections cover resources of black coal, coal supply and demand, coal production, employment and productivity of mines, export data, coal consumption and a directory of producers.

  8. Energy Information Administration quarterly coal report, October--December 1992

    International Nuclear Information System (INIS)

    1993-01-01

    The United States produced just over 1 billion short tons of coal in 1992, 0.4 percent more than in 1991. Most of the 4-million-short-ton increase in coal production occurred west of the Mississippi River, where a record level of 408 million short tons of coal was produced. The amount of coal received by domestic consumers in 1992 totaled 887 million short tons. This was 7 million short tons more than in 1991, primarily due to increased coal demand from electric utilities. The average price of delivered coal to each sector declined by about 2 percent. Coal consumption in 1992 was 893 million short tons, only 1 percent higher than in 1991, due primarily to a 1-percent increase in consumption at electric utility plants. Consumer coal stocks at the end of 1992 were 163 million short tons, a decrease of 3 percent from the level at the end of 1991, and the lowest year-end level since 1989. US coal exports fell 6 percent from the 1991 level to 103 million short tons in 1992. Less coal was exported to markets in Europe, Asia, and South America, but coal exports to Canada increased 4 million short tons

  9. Coal: the metamorphosis of an industry

    Energy Technology Data Exchange (ETDEWEB)

    Jean-Marie Martin-Amouroux

    2008-07-01

    Coal, a fuel that once dominated the global energy scene, is staging a come-back despite being environmentally dirty. The purpose of the paper is to analyse the return of King Coal to find out whether it is likely to be regain its dominance in the global energy in the future. In analysing the metamorphosis of the coal industry, the paper looks at the historical evolution of the industry and analyses the factors behind the change. The deficiencies of coal's competitors are also analysed. Using a scenario analysis, the future role of coal in the global energy mix is estimated as well. The paper finds that despite the domination of hydrocarbons in the global energy mix, coal has maintained a steady share and in some countries, it remained the main fuel. With the concerns of high-oil prices and peak oil, coal is regaining its domination in the power sector around the world. The industry has reformed and restructured itself to remain competitive. Consequently, it has the possibility of staging a come back as a dominant fuel.

  10. 1982 Australian coal conference papers

    Energy Technology Data Exchange (ETDEWEB)

    1982-01-01

    This third Australian coal conference included papers discussing the market for coal, finance and investment, use of computers, mining, coal research, coal preparation and waste disposal, marketing and trade, and the transport of coal. All papers have been individually abstracted.

  11. U.S. origin coking coal in the global market : a seismic shift in the global coal market

    International Nuclear Information System (INIS)

    Thrasher, E.

    2010-01-01

    This presentation discussed conditions in the global coal market and its impact on producers in the United States (U.S). The significant factors include the strong recovery in Asia, the switch from annual benchmark pricing to quarterly pricing, and the return of U.S. origin coking coal as a long-term supply source for Asia. The global recovery in manufacturing is strong in Asia and weak in more mature economies. A shift in trade patterns has occurred in that 4 of the top 10 destinations for U.S. coking coal exports are now in Asia, up from 1 in 2009, and the tonnage increases to these destinations are at unprecedented levels. Demand for U.S. origin coal will continue to increase as the economies in Western Europe improve and the emerging economies in Eastern Europe and South America grow. Looking at the U.S. coking coal supply, high volume type A coal will be used in the domestic market while high volume type B coal will be used for international demand. Government regulatory agencies create an uncertain environment for investments. Geology and the effects of regulatory actions have decreased productivity. An improvement to the supply chain is that lower cost ocean freight lowers the cost of delivered coal. The prices of coking coal have stabilized at levels that support reasonable returns on investment. The seaborne coking coal market has changed with China's shift to being a significant importer. Mine, rail, and port capacity will constrain the ability of producers in the U.S. to export coking coal to some degree. 2 tabs., 13 figs.

  12. Coal use in the People's Republic of China. Volume 1: Environmental impacts

    International Nuclear Information System (INIS)

    Bhatti, N.; Tompkins, M.M.; Simbeck, D.R.

    1994-11-01

    The People's Republic of China (hereafter referred to as China) is the largest producer and consumer of coal in the world. Coal makes up 76% and 74% of China's primary energy consumption and production, respectively. This heavy dependence on coal has come at a high price for China, accounting for a large share of its environmental problems. This report examines the dominance of coal in China's energy balance, its impact on the environment, and the need for technical and financial assistance, specifically for two distinct aspects: the effect of coal use on the environment and the importance of coal to China's economy. The results of the analysis are presented in two volumes. Volume 1 focuses on full fuel cycle coal emissions and the environmental effects of coal consumption. Volume 2 provides a detailed analysis by sector of China's economy and examines the economic impact of constraints on coal use. 51 refs., 19 figs., 15 tabs

  13. Bank Share Prices and Profitability

    OpenAIRE

    Daniel Daugaard; Tom Valentine

    1993-01-01

    This paper considers the influence of economic conditions and financial markets on Australian bank share prices and profitability. It uses time series analysis to obtain an indication of the effectiveness of banks in managing their exposure to interest rates and exchange rates. The results give rise to some comments on the extent to which banks actively manage their exposure to financial and economic variables. The discussion of risk management activities necessarily raises the question of ho...

  14. Coal geology and assessment of coal resources and reserves in the Powder River Basin, Wyoming and Montana

    Science.gov (United States)

    Luppens, James A.; Scott, David C.

    2015-01-01

    This report presents the final results of the first assessment of both coal resources and reserves for all significant coal beds in the entire Powder River Basin, northeastern Wyoming and southeastern Montana. The basin covers about 19,500 square miles, exclusive of the part of the basin within the Crow and Northern Cheyenne Indian Reservations in Montana. The Powder River Basin, which contains the largest resources of low-sulfur, low-ash, subbituminous coal in the United States, is the single most important coal basin in the United States. The U.S. Geological Survey used a geology-based assessment methodology to estimate an original coal resource of about 1.16 trillion short tons for 47 coal beds in the Powder River Basin; in-place (remaining) resources are about 1.15 trillion short tons. This is the first time that all beds were mapped individually over the entire basin. A total of 162 billion short tons of recoverable coal resources (coal reserve base) are estimated at a 10:1 stripping ratio or less. An estimated 25 billion short tons of that coal reserve base met the definition of reserves, which are resources that can be economically produced at or below the current sales price at the time of the evaluation. The total underground coal resource in coal beds 10–20 feet thick is estimated at 304 billion short tons.

  15. Coal-water fuels - a clean coal solution for Eastern Europe

    International Nuclear Information System (INIS)

    Ljubicic, B.; Willson, W.; Bukurov, Z.; Cvijanovic, P.; Stajner, K.; Popovic, R.

    1993-01-01

    Eastern Europe currently faces great economic and environmental problems. Among these problems is energy provision. Coal reserves are large but cause pollution while oil and gas need to be used for export. Formal 'clean coal technologies' are simply too expensive to be implemented on a large scale in the current economic crisis. The promised western investment and technological help has simply not taken place, western Europe must help eastern Europe with coal technology. The cheapest such technology is coal-water fuel slurry. It can substitute for oil, but research has not been carried out because of low oil prices. Coal-water fuel is one of the best methods of exploiting low rank coal. Many eastern European low rank coals have a low sulfur content, and thus make a good basis for a clean fuel. Italy and Russia are involved in such a venture, the slurry being transported in a pipeline. This technology would enable Russia to exploit Arctic coal reserves, thus freeing oil and gas for export. In Serbia the exploitation of sub-Danube lignite deposits with dredging mining produced a slurry. This led to the use and development of hot water drying, which enabled the removal of many of the salts which cause problems in pulverized fuel combustion. The system is economic, the fuel safer to transport then oil, either by rail or in pipelines. Many eastern European oil facilities could switch. 24 refs

  16. Long memory in German energy price indices

    Energy Technology Data Exchange (ETDEWEB)

    Barros, Carlos P. [Lisbon Univ. (Portugal). Inst. Superior de Economia e Gestao; Caporale, Guglielmo Maria [Brunel Univ., London (United Kingdom). Centre for Empirical Finance; Gil-Alana, Luis A. [Navarra Univ., Pamplona (Spain). Faculty of Economics and Business Administration

    2012-09-15

    This study examines the long-memory properties of German energy price indices (specifically, import and export prices, as well as producer and consumer prices) for hard coal, lignite, mineral oil and natural gas adopting a fractional integration modelling framework. The analysis is undertaken using monthly data from January 2000 to August 2011. The results suggest nonstationary long memory in the series (with orders of integration equal to or higher than 1) when breaks are not allowed for. However, endogenous break tests indicate a single break in all series except for producer prices for lignite for which two breaks are detected. When such breaks are taken into account, and with autocorrelated disturbances, evidence of mean reversion is found in practically all cases.

  17. Energy consumption and energy prices

    International Nuclear Information System (INIS)

    Bentzen, J.

    1993-01-01

    Data are presented on energy consumption and energy prices related to a number of OECD (Organisation for Economic Co-operation and Development) lands covering the period 1951-1990. The information sources are described and the development of energy consumption and prices in Denmark are illustrated in relation to these other countries. The energy intensity (the relation between energy consumption and the gross national product) is dealt with. Here it is possible to follow development during the whole post-war period. It is generally understood that Denmark saved large amounts of energy after 1973-74 but, taken over the whole post-war period, savings and decline in energy-gross national product relations are less dramatic compared to conditions in other OECD countries. Energy coefficients or elasticities show the relative rise in consumption compared to the relative rise in gross national product (growth rate). This is shown to be typically unstable and an eventual connection with the amount of energy price increase and/or the growth rate of the national economy is considered. Results of Granger causuality tests on energy consumption, national income and energy prices are presented. Effective energy prices were very low in Denmark up to 1970 when they suddenly began to increase. Since the oil crisis Denmark's energy consumption has fallen whereas the other countries have used rather more energy than before. Effective promotion of energy savings must be seen in relation to the fact that the 1970 basis level of energy consumption and intensity was unusually high. The high effective energy prices have also encouraged energy savings in Denmark. (AB)

  18. Sustainable global energy development: The case of coal

    International Nuclear Information System (INIS)

    Brendow, Klaus

    2004-01-01

    Market-driven scenarios anticipate world coal demand to increase during the entire 21st century. The increase during 2000-2030 would range from 53 % to 100 %. Developing countries would take the lead in world coal demand growth. In western Europe, demand, and more so production, would decline, in central and eastern Europe increase. Carbon abatement policies would not impact on coal demand before 2020 - 2030. By 2050 however, under such constraints, coal demand would have declined by one third (only), - less in developing, more in developed countries. Under market conditions, the share of coal in world primary energy supplies, at 26 % in 2000, would decline to 24 % in 2020 and 22 % 2050. Carbon constraints would reduce the share of coal to 11 % in 2050, which (nevertheless) corresponds to 2.1 bill. tce (2000: 3.4 bill. tce). The major short-term competitor of coal would be gas, particularly under CO 2 emission constraints, although marginal gas is hardly better in terms of life cycle GHG emissions than marginal oil or coal. During 2001-2025, the increase of CO 2 emissions from coal (+1.1 bill. t of carbon) would be lower than for gas (+1.3 bill. t) and oil (+1.5 bill. t). In the longer term, new nuclear could emerge as a serious competitor. Electricity generators would remain the predominant customer for coal. By 2030, coal would cover 45 % of world electricity generation compared with 37 % in 2000. By 2020, coal-based methanol and hydrogen would cover 3 % of the world's transportation fuel demand (100 Mtoe), by 2050 14 % (660 Mtoe). Cumulative investments in coal mining, shipping and combustion during 2001-2030 would amount to USD 1900 billion, - 12 % of world investments in energy supply. International prices of coal relative to oil and gas would continue evolving in favour of coal enhancing its competitiveness. Almost nil in 2000, advanced coal combustion technologies would cover 33 % of world power generation in 2030, and 72 % of coal-based power generation

  19. Effects of rising food prices on household food security on ...

    African Journals Online (AJOL)

    2015-05-13

    May 13, 2015 ... This study was conducted in January 2013 at Runnymede Village ... The data were entered and stored in a spreadsheet of Microsoft®. Excel®, and ..... Valoyi Traditional Governance Authority, N'wamitwa Tribal Office.

  20. The Answer to Rising Gas Prices...Nitrogen?

    Science.gov (United States)

    Lee, Frank; Batelaan, Herman

    2010-01-01

    It is claimed by the company NitroFill and the GetNitrogen Institute that filling car tires with nitrogen improves gas mileage considerably. The reason given is that oxygen leaks out of tires so that the increased rolling friction causes a reduced gas mileage. Because it is hard to do an actual road test, we report on a simple visual test of…

  1. Ultravitrinite coals from Chukotka

    Energy Technology Data Exchange (ETDEWEB)

    Lapo, A.V.; Letushova, I.A.

    1979-03-01

    Chemical and petrographic analysis was conducted on coals from the Anadyrya and Bukhti Ugol'noi deposits. Characteristics of the most prevalent type of vitrinite coals in both regions are presented here. Anadyrya coals belong to a transitional phase between brown coal and long flame. Ultravitrinite coals predominate. Gas coals from Bukti Ugol'noi have a higher carbon content than Anadyrya coals. They also have a higher hydrogen content and yield of initial resin. In several cases there was also a higher yield of volatile substances. Chukotka coals are characterized by a 10 percent higher initial resin yield than equally coalified Donetsk coals, other indicators were equal to those of Donetsk coals. Because of this, Chukotka coals are suitable for fuel in power plants and as raw materials in the chemical industry. (15 refs.) (In Russian)

  2. Market effects of environmental regulation: coal, railroads, and the 1990 Clean Air Act

    Energy Technology Data Exchange (ETDEWEB)

    Busse, M.R.; Keohane, N.O. [University of California Berkeley, Berkeley, CA (United States)

    2007-01-01

    Many environmental regulations encourage the use of 'clean' inputs. When the suppliers of such an input have market power, environmental regulation will affect not only the quantity of the input used but also its price. We investigate the effect of the Title IV emissions trading program for sulfur dioxide on the market for low-sulfur coal. We find that the two railroads transporting coal were able to price discriminate on the basis of environmental regulation and geographic location. Delivered prices rose for plants in the trading program relative to other plants, and by more at plants near a low-sulfur coal source.

  3. Income risk of EU coal-fired power plants after Kyoto

    International Nuclear Information System (INIS)

    Abadie, Luis M.; Chamorro, Jose M.

    2009-01-01

    Coal-fired power plants enjoy a significant advantage relative to gas plants in terms of cheaper fuel cost. This advantage may erode (or turn into disadvantage) depending on CO 2 emission allowance price. Financial risks are further reinforced when the price of electricity is determined by natural gas-fired plants' marginal costs. We aim to empirically assess the risks in EU coal plants' margins up to the year 2020. Parameter values are derived from actual market data. Monte Carlo simulation allows compute the expected value and risk profile of coal plants' earnings. Future allowance prices may spell significant risks on utilities' balance sheets. (author)

  4. Coal Tar and Coal-Tar Pitch

    Science.gov (United States)

    Learn about coal-tar products, which can raise your risk of skin cancer, lung cancer, and other types of cancer. Examples of coal-tar products include creosote, coal-tar pitch, and certain preparations used to treat skin conditions such as eczema, psoriasis, and dandruff.

  5. MARKET ECONOMICS PRICING PARTICULARS

    Directory of Open Access Journals (Sweden)

    V. I. Parshin

    2011-01-01

    Full Text Available The price performs several economic functions: accounting, stimulation, distribution, demand and offer balancing, serving as production site rational choice criterion, information. Most important pricing principles are: price scientific and purpose-aimed substantiation, single pricing and price control process. Pricing process factors are external, internal, basic (independent on money-market, market-determined and controlling. Different pricing methods and models are to be examined, recommendations on practical application of those chosen are to be written.

  6. Oil Market and Prices Prospects for 2014

    Directory of Open Access Journals (Sweden)

    Mariana Papatulica

    2013-10-01

    Full Text Available The international crude oil prices started the year 2014 within parameters comparable to those of the precedent year: WTI (USA recorded 92 $/barrel, on the American spot market, considered a minimum value for the last 5 weeks, while Brent (Great Britain had a more stable evolution, on the spot Rotterdam market, staying around a value of 107,50 $/barrel. Despite analysts’ forecasts, which during the last 3 years staked on a lower oil price, as a consequence of the spectacular increase in non-OPEC oil production, namely of shale oil, the international oil price, namely that of Brent, closed each of the last 3 years around the same level, of 108 $/barrel. As for 2014, the great majority of oil analysts estimates again a decline of oil prices, as a result of a significant rise of oil offer globally, which will greatly surpass the demand rise.

  7. A history of prices in Canada, 1840-1871: a new wholesale price index

    OpenAIRE

    Donald G. Paterson; Ronald A. Shearer

    2003-01-01

    We present a new monthly wholesale price index for Canada, 1840-71, comparing fluctuations in the Canadian macroeconomy with fluctuations in similar U.S. and British indexes. Canadian prices move through distinct phases: the 1840s rise in prices and the decline in the depression of 1848-49; the mid-century economic boom and the 1857 depression; U.S. Civil War inflation and apparent Canadian price insulation through a flexible exchange rate created by U.S. withdrawal from gold; and the non-inf...

  8. Carbon Pricing, Power Markets and the Competitiveness of Nuclear Power

    International Nuclear Information System (INIS)

    2011-01-01

    This study assesses the competitiveness of nuclear power against coal- and gas-fired power generation in liberalized electricity markets with either CO 2 trading or carbon taxes. It uses daily price data for electricity, gas, coal and carbon from 2005 to 2010, which encompasses the first years of the European Emissions Trading System (EU ETS), the world's foremost carbon trading framework. The study shows that even with modest carbon pricing, competition for new investment in electricity markets will take place between nuclear energy and gas-fired power generation, with coal-fired power struggling to be profitable. The data and analyses contained in this study provide a robust framework for assessing cost and investment issues in liberalized electricity markets with carbon pricing. (authors)

  9. Three essays on access pricing

    Science.gov (United States)

    Sydee, Ahmed Nasim

    access pricing with congestion and in which investments in infrastructure are lumpy. To fix ideas, the model is formulated in the context of airport infrastructure investments, which captures both the element of congestion and the lumpiness involved in infrastructure investments. The optimal investment program suggests how many units of capacity should be installed and at which times. Because time is continuous in the model, the discounted cost -- despite the lumpiness of capacity additions -- can be made to vary continuously by varying the time a capacity addition is made. The main results that emerge from the analysis can be described as follows: First, the global demand for air travel rises with time and experiences an upward jump whenever a capacity addition is made. Second, the access price is constant and stays at the basic level when the system is not congested. When the system is congested, a congestion surcharge is imposed on top of the basic level, and the congestion surcharge rises with the level of congestion until the next capacity addition is made at which time the access price takes a downward jump. Third, the individual demand for air travel is constant before congestion sets in and after the last capacity addition takes place. During a time interval in which congestion rises, the individual demand for travel is below the level that prevails when there is no congestion and declines as congestion worsens. The third essay contains a model of access pricing for natural gas transmission pipelines, both when pipeline operators are regulated and when they behave strategically. The high sunk costs involved in building a pipeline network constitute a serious barrier of entry, and competitive behaviour in the transmission pipeline sector cannot be expected. Most of the economic analyses of access pricing for natural gas transmission pipelines are carried out from the regulatory perspective, and the access price paid by shippers are cost-based. The model formalized

  10. E-commerce and the coal industry

    International Nuclear Information System (INIS)

    Bolza, D.

    2000-01-01

    Industry observers currently peg the share of 'spot' contracts in Australia's black coal export market (valued at $9 billion a year) at 15%, compared with only 5% of market share four years ago. This quantum shift in purchasing habits is being driven largely by abundant coal supplies, a multi-source availability of coal, and falling prices - a scenario that is expected to remain unchanged for at least the next three to five years. Contracts are not only becoming shorter, they are also dealing with lower tonnages. And, unlike under older long term contracts, where prices are reset every one to two years, under the modern versions prices are being reset every three to six months. As buyers push to achieve more competitive pricing outcomes and maximise the supply of competitively priced fuel, this forces everyone associated with operating power plants to look for ways to reduce costs and implement higher levels of efficiency, by saving time and paperwork. Net-based trading in coal is happening. The major buyers and sellers operate most of the existing sites. Buyers see the Net as a means of reducing the cost of their fuel; sellers see it as a means of better displaying the product they offer. The use of the Net is seen as providing improved market intelligence, greater transparency, better marketing and service levels and enhanced efficiencies. The one-to-one approach remains a fixture and its future is assured. However, whether the Net will ultimately support independent trading sites similar to those whose income will come from brokering deals is hard to judge. Copyright (2000) CSIRO Energy Technology and Exploration and Mining

  11. Coal and its perspectives in Poland

    International Nuclear Information System (INIS)

    Locatelli, C.

    1993-01-01

    The seminar held in Warsaw by the CIFOPE from 23 to 25 november 1992 was centered around the restructuring of the coal industry and its implications for the Polish economy in the context of the current deep-running economic reforms. Partly based on French experience, this seminar shed some light on long-term problems for Poland like the kind of industrial policy that will be needed to avoid desertification problems, the need for price reform in the pursuit of profitability, and the networks and financial aids needed to restructure on such a large scale, considering that coal is a key sector in the Polish economy

  12. Russian energy prices, taxes and costs 1993

    International Nuclear Information System (INIS)

    1994-01-01

    The Russian energy industry may be the country's most promising exporter, but it is struggling to free itself from the heavy regulation and economic distortions inherited from the Soviet era. This analysis examines Russian price and tax policies as well as production costs in 1993, and their effect on supply and demand in the oil, coal, gas and electricity sectors. The study underscores the broad consensus among both Western and Russian experts that primary energy prices should be lifted to world levels. It offers a framework for addressing the great question about how fast this should be done in a country undergoing a tremendous social and political transformation

  13. Health care prices, the federal budget, and economic growth.

    Science.gov (United States)

    Monaco, R M; Phelps, J H

    1995-01-01

    Rising health care spending, led by rising prices, has had an enormous impact on the economy, especially on the federal budget. Our work shows that if rapid growth in health care prices continues, under current institutional arrangements, real economic growth and employment will be lower during the next two decades than if health price inflation were somehow reduced. How big the losses are and which sectors bear the brunt of the costs vary depending on how society chooses to fund the federal budget deficit that stems from the rising cost of federal health care programs.

  14. The economics of international coal markets

    Energy Technology Data Exchange (ETDEWEB)

    Paulus, Moritz

    2012-07-13

    In the scope of four related essays this thesis analyses the Chinese domestic coal sector and coal trade policies and their respective impact on international steam coal trade economics. In particular, the thesis investigates the role of domestic transport infrastructure investment policies as well as Chinese coal export and import controls and the potential exertion of market power through such trade instruments. For this purpose, several spatial equilibrium models have been developed that enable simulation runs to compare different policy scenarios. These models also permit ex-post analyses to empirically test hypotheses of non-competitive market conduct of individual players under the assumption of Cournot behaviour. These model-based analyses yield, among others, the following findings: If coal is converted into electricity early in the Chinese energy supply chain, worldwide marginal costs of supply are substantially lower than if coal is transported via railway. This can reduce China's dependence on international imports significantly. Allocation of welfare changes, particularly in favour of Chinese consumers while rents of international producers decrease. If not only seaborne trade but also interactions and feedbacks between domestic coal markets and international trade markets are accounted for, trade volumes and prices of a China - Indonesia duopoly fit the real market outcome best in 2008. Real Chinese export quotas have been consistent with simulated exports under a Cournot-Nash strategy. Uncertainties with regard to future Chinese coal demand and coal sector policies generate significant costs for international investors and lead to a spatial and temporal reallocation of mining and infrastructure investments. The potential exertion of Chinese demand side market power would further reduce the overall investment activity of exporters.

  15. The economics of international coal markets

    International Nuclear Information System (INIS)

    Paulus, Moritz

    2012-01-01

    In the scope of four related essays this thesis analyses the Chinese domestic coal sector and coal trade policies and their respective impact on international steam coal trade economics. In particular, the thesis investigates the role of domestic transport infrastructure investment policies as well as Chinese coal export and import controls and the potential exertion of market power through such trade instruments. For this purpose, several spatial equilibrium models have been developed that enable simulation runs to compare different policy scenarios. These models also permit ex-post analyses to empirically test hypotheses of non-competitive market conduct of individual players under the assumption of Cournot behaviour. These model-based analyses yield, among others, the following findings: If coal is converted into electricity early in the Chinese energy supply chain, worldwide marginal costs of supply are substantially lower than if coal is transported via railway. This can reduce China's dependence on international imports significantly. Allocation of welfare changes, particularly in favour of Chinese consumers while rents of international producers decrease. If not only seaborne trade but also interactions and feedbacks between domestic coal markets and international trade markets are accounted for, trade volumes and prices of a China - Indonesia duopoly fit the real market outcome best in 2008. Real Chinese export quotas have been consistent with simulated exports under a Cournot-Nash strategy. Uncertainties with regard to future Chinese coal demand and coal sector policies generate significant costs for international investors and lead to a spatial and temporal reallocation of mining and infrastructure investments. The potential exertion of Chinese demand side market power would further reduce the overall investment activity of exporters.

  16. COAL Conference Poster

    OpenAIRE

    Brown, Taylor Alexander; McGibbney, Lewis John

    2017-01-01

    COAL Conference Poster This archive contains the COAL conference poster for the AGU Fall Meeting 2017 by Taylor Alexander Brown. The Inkscape SVG source is available at https://github.com/capstone-coal/coal-conference-poster/ under the Creative Commons Attribution-ShareAlike 4.0 International license.

  17. Oil from coal: just not worth it, say NCB

    Energy Technology Data Exchange (ETDEWEB)

    Grainger, L

    1970-01-01

    The creation of new markets by making oil fuels from coal in Britain is unresolved at this time. The dominant factor in the economics is the price ratio between coal and oil, which in Britain is 3 times less favorable than in the U.S. Current conversion results in a price more than double that of natural oil; however, the National Coal Board (NCB) continues to assess oil-from-coal processes. A sound research background in the new field of coal derivatives from solvent processing is being developed to produce materials of higher specific value than fuels. A continuous pilot plant is being built to prepare coke from filtered coal solution on the scale of a half-a-ton per week. Future prospects of the industry lie in areas where markets for coal will diminish, such as metallurgical coke. The fate of the coal industry will depend more and more on its largest market-electricity generation. In order to compete with nuclear power, the NCB is developing a new system of fluidized combustion.

  18. Gas prices: realities and probabilities

    International Nuclear Information System (INIS)

    Broadfoot, M.

    2000-01-01

    An assessment of price trends suggests continuing rise in 2001, with some easing of upward price movement in 2002 and 2003. Storage levels as of Nov. 1, 2000 are expected to be at 2.77 Tcf, but if the winter of 2000/2001 proves to be more severe than usual, inventory levels could sink as low as 500 Bcf by April 1, 2001. With increasing demand for natural gas for non-utility electric power generation the major challenge will be to achieve significant supply growth, which means increased developmental drilling and inventory draw-downs, as well as more exploratory drilling in deepwater and frontier regions. Absence of a significant supply response by next summer will affect both growth in demand and in price levels, and the increased demand for electric generation in the summer will create a flatter consumption profile, erasing the traditional summer/winter spread in consumption, further intensifying price volatility. Managing price fluctuations is the second biggest challenge (after potential supply problems) facing the industry

  19. Carbon price signal. Impact Analysis on the European Electricity System

    International Nuclear Information System (INIS)

    2016-03-01

    : Fairly stable fuel costs relative to their historical averages; A carbon price signal that is homogeneous across Europe which, in an interconnected system, seems more efficient. Additional take-away from the study are: The introduction of a high carbon price leads to greater use of gas- rather than coal-fired plants in the European power system, with gas's share of the electricity mix rising from about 15% currently to more than 40%. The per tonne carbon price could drive sharp increases in variable generation costs and market prices and, ultimately, add to consumers' electricity bills. Though the effect may benefit the environment by making energy efficiency measures more profitable, it would be necessary to monitor how revenue generated by carbon regulation was redistributed to limit the additional costs that could be borne by the different economic actors

  20. Coal option. [Shell Co

    Energy Technology Data Exchange (ETDEWEB)

    1978-01-01

    This paper notes the necessity of developing an international coal trade on a very large scale. The role of Shell in the coal industry is examined; the regions in which Shell companies are most active are Australia, Southern Africa, Indonesia; Europe and North America. Research is being carried out on marketing and transportation, especially via slurry pipelines; coal-oil emulsions; briquets; fluidized-bed combustion; recovery of coal from potential waste material; upgrading of low-rank coals; unconventional forms of mining; coal conversion (the Shell/Koppers high-pressure coal gasification process). Techniques for cleaning flue gas (the Shell Flue Gas Desulfurization process) are being examined.

  1. Concerning coal: an anthology

    Energy Technology Data Exchange (ETDEWEB)

    Mayer, M.; Hawse, M.L.; Maloney, P.J. [eds.

    1997-12-31

    The anthology takes a humanistic look at coal mining in Illinois. One of its goals is to increase public awareness of coal in American society; it also seeks to enhance understanding of the historical aspects of coal and to study the impact of coal on mining families. Many of the 25 selections in the anthology come from Coal Research Center publications, `Concerning coal` and `Mineral matters`. Articles are arranged in three parts entitled: life in the mining community; mining in folklore, story telling, literature, art and music; and technology as it affected the people of the coal fields. 117 refs., 25 photos. 1 map.

  2. Why do electricity utilities cooperate with coal suppliers? A theoretical and empirical analysis from China

    International Nuclear Information System (INIS)

    Zhao Xiaoli; Lyon, Thomas P.; Wang Feng; Song Cui

    2012-01-01

    The asymmetry of Chinese coal and electricity pricing reforms leads to serious conflict between coal suppliers and electricity utilities. Electricity utilities experience significant losses as a result of conflict: severe coal price fluctuations, and uncertainty in the quantity and quality of coal supplies. This paper explores whether establishing cooperative relationships between coal suppliers and electricity utilities can resolve conflicts. We begin with a discussion of the history of coal and electricity pricing reforms, and then conduct a theoretical analysis of relational contracting to provide a new perspective on the drivers behind the establishment of cooperative relationships between the two parties. Finally, we empirically investigate the role of cooperative relationships and the establishment of mine-mouth power plants on the performance of electricity utilities. The results show that relational contracting between electricity utilities and coal suppliers improves the market performance of electricity utilities; meanwhile, the transportation cost savings derived from mine-mouth power plants are of importance in improving the performance of electricity utilities. - Highlights: ► We discuss the history of coal and electricity pricing reforms. ► The roots of conflicts between electricity and coal firms are presented. ► We conduct a theoretical analysis of relational contracting. ► The role of mine-mouth power plants on the performance of power firms is examined.

  3. Modelling and analysis of global coal markets

    International Nuclear Information System (INIS)

    Trueby, Johannes

    2013-01-01

    The thesis comprises four interrelated essays featuring modelling and analysis of coal markets. Each of the four essays has a dedicated chapter in this thesis. Chapters 2 to 4 have, from a topical perspective, a backward-looking focus and deal with explaining recent market outcomes in the international coal trade. The findings of those essays may serve as guidance for assessing current coal market outcomes as well as expected market outcomes in the near to medium-term future. Chapter 5 has a forward-looking focus and builds a bridge between explaining recent market outcomes and projecting long-term market equilibria. Chapter 2, Strategic Behaviour in International Metallurgical Coal Markets, deals with market conduct of large exporters in the market of coals used in steel-making in the period 2008 to 2010. In this essay I analyse whether prices and trade-flows in the international market for metallurgical coals were subject to non-competitive conduct in the period 2008 to 2010. To do so, I develop mathematical programming models - a Stackelberg model, two varieties of a Cournot model, and a perfect competition model - for computing spatial equilibria in international resource markets. Results are analysed with various statistical measures to assess the prediction accuracy of the models. The results show that real market equilibria cannot be reproduced with a competitive model. However, real market outcomes can be accurately simulated with the non-competitive models, suggesting that market equilibria in the international metallurgical coal trade were subject to the strategic behaviour of coal exporters. Chapter 3 and chapter 4 deal with market power issues in the steam coal trade in the period 2006 to 2008. Steam coals are typically used to produce steam either for electricity generation or for heating purposes. In Chapter 3 we analyse market behaviour of key exporting countries in the steam coal trade. This chapter features the essay Market Structure Scenarios in

  4. Modelling and analysis of global coal markets

    Energy Technology Data Exchange (ETDEWEB)

    Trueby, Johannes

    2013-01-17

    The thesis comprises four interrelated essays featuring modelling and analysis of coal markets. Each of the four essays has a dedicated chapter in this thesis. Chapters 2 to 4 have, from a topical perspective, a backward-looking focus and deal with explaining recent market outcomes in the international coal trade. The findings of those essays may serve as guidance for assessing current coal market outcomes as well as expected market outcomes in the near to medium-term future. Chapter 5 has a forward-looking focus and builds a bridge between explaining recent market outcomes and projecting long-term market equilibria. Chapter 2, Strategic Behaviour in International Metallurgical Coal Markets, deals with market conduct of large exporters in the market of coals used in steel-making in the period 2008 to 2010. In this essay I analyse whether prices and trade-flows in the international market for metallurgical coals were subject to non-competitive conduct in the period 2008 to 2010. To do so, I develop mathematical programming models - a Stackelberg model, two varieties of a Cournot model, and a perfect competition model - for computing spatial equilibria in international resource markets. Results are analysed with various statistical measures to assess the prediction accuracy of the models. The results show that real market equilibria cannot be reproduced with a competitive model. However, real market outcomes can be accurately simulated with the non-competitive models, suggesting that market equilibria in the international metallurgical coal trade were subject to the strategic behaviour of coal exporters. Chapter 3 and chapter 4 deal with market power issues in the steam coal trade in the period 2006 to 2008. Steam coals are typically used to produce steam either for electricity generation or for heating purposes. In Chapter 3 we analyse market behaviour of key exporting countries in the steam coal trade. This chapter features the essay Market Structure Scenarios in

  5. Price and consumption of tobacco

    Directory of Open Access Journals (Sweden)

    Virendra Singh

    2012-01-01

    Full Text Available Background: It is thought that price increase in tobacco products leads to reduced consumption. Though many studies have substantiated this concept, it has not been well studied in India. Recently, price of tobacco products was increased due to ban on plastic sachets of chewing tobacco and increased tax in Rajasthan. This study was designed to evaluate the effect of price rise on overall consumption of tobacco in Jaipur city, Rajasthan. Materials and Methods: This study was carried out in Jaipur city. Two-staged stratified sampling was used. In the first phase of study, cost and consumption of various tobacco products in the months of February and April were enquired from 25 retail tobacco shops. In the second phase, tobacco consumption was enquired from 20 consecutive consumers purchasing any tobacco product from all the above retail tobacco shops. The data were statistically analyzed using descriptive statistics and paired "t" test. Results: The comparison of prices of tobacco products between February and April revealed that the price of cigarette, bidi, and chewing tobacco has increased by 19%, 21%, and 68%, respectively. Average decrease in sales of cigarettes, bidi, and chewing tobacco at shops included in the study were 14%, 23%, and 38%, respectively. The consumers purchasing tobacco also reported decreased consumption. Chewing tobacco showed the maximum reduction (21%. Consumption of cigarette and bidi has also reduced by 15% and 13%, respectively. Conclusion: It may be concluded that reduction in consumption is associated with increased price of tobacco products. Reduced consumption is comparative to the magnitude of price increase.

  6. Assessing coal burnout

    Energy Technology Data Exchange (ETDEWEB)

    Lowe, A. [Pacific Power, Sydney, NSW (Australia)

    1999-11-01

    Recent research has allowed a quantitative description of the basic process of burnout for pulverized coals to be made. The Cooperative Research Centre for Black Coal Utilization has built on this work to develop a coal combustion model which will allow plant engineers and coal company representatives to assess their coals for combustion performance. The paper describes the model and its validation and outlines how it is run. 2 figs.

  7. High-sulfur coal: tonnage and money at risk

    International Nuclear Information System (INIS)

    McMahan, R.L.; Knutson, K.S.

    1991-01-01

    More than 286 million tons of coal exceeds the Phase I standard i.e. 2.5 lb SO 2 per mmBtu, of the US Clean Air Act (1990). 85 mmtpy goes to currently scrubbed or unaffected (i.e. small) units. This leaves 201 mmtpy of high-sulphur coal at risk. 129 mmtpy of this is moving on a spot basis or is shipped under contracts that expire by 1995. This leaves about 72 mmtpy of captive and longterm contracts which many utility fuel buyers assume will be cancelled or renegotiated at a lower price. The legal position remains uncertain. However, the massive cancellation and/or renegotiation of existing contracts will have a tremendous economic impact on the coal industry. The resultant price change will in turn influence decisions to scrub or switch to low sulphur coals. 2 figs., 2 tabs

  8. Do gasoline prices exhibit asymmetry? Not usually

    International Nuclear Information System (INIS)

    Douglas, Christopher C.

    2010-01-01

    Previous studies have found evidence of asymmetric price adjustment in U.S. retail gasoline prices in that gasoline prices rise more rapidly in response to a cost increase than fall in response to a cost decrease. By estimating a threshold cointegration model that allows for multiple regimes, I am able to test how sensitive this result is to outlying observations. In contrast to previous studies, I find little evidence of asymmetry for the vast majority of observations and that the asymmetry is being driven by a small number of outlying observations. (author)

  9. Will India set the price for teleradiology?

    Science.gov (United States)

    McLean, Thomas R

    2009-06-01

    With a lower cost for labour, Indian teleradiologists have an absolute price advantage in the global market. However, because trade is determined by comparative advantage rather than absolute price advantage, India's ability to export teleradiology services may be limited. The issue is, can the 'India price' for teleradiology set the price for these services in the USA? Review of the economic literature concerning the global teleradiology market. Currently, minimal information exists concerning the economic of global teleradiology market. However, a Ricardian analysis of this market suggests that India's ability to export teleradiology may be limited by rising opportunity costs (i.e. social unrest). Similarly, Heckscher-Ohlin analysis suggests that a lack of English-speaking physicians will limit India's ability to export teleradiology services to the USA. It appears unlikely that India will gain sufficient market share in the USA to determine the price of teleradiology services.

  10. Cancer Drugs: An International Comparison of Postlicensing Price Inflation.

    Science.gov (United States)

    Savage, Philip; Mahmoud, Sarah; Patel, Yogin; Kantarjian, Hagop

    2017-06-01

    The cost of cancer drugs forms a rising proportion of health care budgets worldwide. A number of studies have examined international comparisons of initial cost, but there is little work on postlicensing price increases. To examine this, we compared cancer drug prices at initial sale and subsequent price inflation in the United States and United Kingdom and also reviewed relevant price control mechanisms. The 10 top-selling cancer drugs were selected, and their prices at initial launch and in 2015 were compared. Standard nondiscounted prices were obtained from the relevant annual copies of the RED BOOK and the British National Formulary. At initial marketing, prices were on average 42% higher in the United States than in the United Kingdom. After licensing in the United States, all 10 drugs had price rises averaging an overall annual 8.8% (range, 1.4% to 24.1%) increase. In comparison, in the United Kingdom, six drugs had unchanged prices, two had decreased prices, and two had modest price increases. The overall annual increase in the United Kingdom was 0.24%. Cancer drug prices are rising substantially, both at their initial marketing price and, in the United States, at postlicensing prices. In the United Kingdom, the Pharmaceutical Price Regulation Scheme, an agreement between the government and the pharmaceutical industry, controls health care costs while allowing a return on investment and funds for research. The increasing costs of cancer drugs are approaching the limits of sustainability, and a similar government-industry agreement may allow stability for both health care provision and the pharmaceutical industry in the United States.

  11. Econometric simulation model of the US market for steam coal

    Energy Technology Data Exchange (ETDEWEB)

    Labys, W C; Paik, S; Liebenthal, A M

    1979-01-01

    An econometric investigation of the historical structure of the U.S. market for steam coal was made to forecast demand, supply, inventory, and price behavior. The structure of the steam coal market is examined and a corresponding theoretical model developed. Consideration is given to alternative simulation models based on various combinations of hypotheses about demand and supply. Results from the models are presented and interpreted. 19 references.

  12. Coal sulfur-premium models for SO2 allowance valuation

    International Nuclear Information System (INIS)

    Henry, J.B. II; Radulski, D.R.; Ellingson, E.G.; Engels, J.P.

    1995-01-01

    Clean Air Capital Markets, an investment bank structuring SO 2 Allowance transactions, has designed two allowance value models. The first forecasts an equilibrium allowance value based on coal supply and demand. The second estimates the sulfur premium of all reported coal deliveries to utilities. Both models demonstrate that the fundamental allowance value is approximately double current spot market prices for small volumes of off-system allowances

  13. Pricing and Trust

    DEFF Research Database (Denmark)

    Huck, Steffen; Ruchala, Gabriele K.; Tyran, Jean-Robert

    -competitive (monopolistic) markets. We then introduce a regulated intermediate price above the oligopoly price and below the monopoly price. The effect in monopolies is more or less in line with standard intuition. As price falls volume increases and so does quality, such that overall efficiency is raised by 50%. However......We experimentally examine the effects of flexible and fixed prices in markets for experience goods in which demand is driven by trust. With flexible prices, we observe low prices and high quality in competitive (oligopolistic) markets, and high prices coupled with low quality in non...

  14. Economics of the coal industry east of the Mississippi, 1973-1982

    Science.gov (United States)

    Bhagwat, S.B.

    1987-01-01

    Government regulations on health, safety and environment have been poppular blamed for the declining productivity in U.S. coal mines since 1970. The stagnation in the coal industry east of the Mississippi is alleged to have been caused by this declining productivity and by the growth of cheaper and cleaner coal production west of the Mississippi. Economic evidence suggests, however, that productivity declines were more due to a relative lowering of labor costs in comparison with coal prices and due to work stoppages. The development of western coals fields was spurred by growth in local demand and had only a relatively small impact on coal production east of the Mississippi. Problems of the eastern coal industry are rooted mainly in slow economic growth in eastern U.S. which must be addressed in the long-term interests of the eastern coal industry. ?? 1987.

  15. The come back of liquid coal

    International Nuclear Information System (INIS)

    Caulier, S.

    2010-01-01

    The coal-to-liquid (CTL) process has made important progresses and is now perfectly mastered by the South-African company Sasol. At least 6 CTL facilities are under construction in China. Each will produce 80000 barrels/day of diesel fuel and the production is planned to start up by 2017 or 2018. The CTL process is profitable when the oil barrel price exceeds 100 US$ but it depends also of the coal price. However, the process itself is highly energy consuming and also highly polluting with strong CO 2 emissions. A solution to these drawbacks would come from the implementation of poly-generation (separate generation of energy, electricity and heat), and from the use of a combined cycle with integrated gasification. (J.S.)

  16. Manufacturing of ashless coal by using solvent de-ashing technology

    Energy Technology Data Exchange (ETDEWEB)

    Sang-Do Kim; Kwang-Jae Woo; Soon-Kwan Jeong; Young-Jun Rhim; Si-Huyn Lee [Korea Institute of Energy Research, Daejeon (Republic of Korea). Clean Energy Research Center

    2007-07-01

    Maintenance of a high oil value has an influence to energy crisis and national security in South Korea which does not have energy resources. The coals which have characterized by the abundant reserves and the inexpensive price can be said to be the alternative energy source. Hyper-coal process, which has been developed in Japan since 1999, is a new effective process to produce a clean coal by using the solvent de-ashing technology. When coal is extracted with organic solvent, only the organic portion of coal is dissolved in the solvents. That is possible to apply the low rank coal. This study was performed to produce ashless coal by using the solvent de-ashing technology. The experiment was conducted in the batch(or semi-batch) type reactor with two solvents such as NMP(N-methyl-2-pyrrolidinone) and 1-MN(1-methylnaphthalene) and various coals such as Kideko coal, Roto South coal and Sunhwa coal at 200-400{sup o}C. As a result of the test, extraction yield of coals was more than 60% on daf. Ash concentration which contains the extracted coal was 0.11-1.0wt%. The heat value was increased from 5,400 kcal/kg to 7,920 kcal/kg in the Roto South coal. 10 refs., 4 figs., 2 tabs.

  17. Feasibility analysis and policy recommendations for the development of the coal based SNG industry in Xinjiang

    International Nuclear Information System (INIS)

    Huo, Jinwei; Yang, Degang; Xia, Fuqiang; Tang, Hong; Zhang, Wenbiao

    2013-01-01

    Based on China's basic national energy conditions of “abundant coal and scarce gas reserve”, the development of the coal based SNG industry is considered to be an effective way to solve the conflict between the supply and demand of natural gas and an important direction in the clean use of coal. Xinjiang is rich in coal resources and is listed by the central government as one of the main bases of the coal based SNG industry. Nearly 70% of the coal based SNG projects are being conducted in Xinjiang, with the goal to take advantage of the lower coal price in Xinjiang to promote the development of the coal based SNG industry. However, the coal based SNG industry is subject to the constraints of pollution, immature technology, poor economic returns, water resources and many other factors. Therefore, the development of the coal based SNG industry should be limited to industrial demonstration. Taking into account China's energy security and environmental governance, once the technology matures, the development prospect of the coal based SNG industry is broad. - Highlights: • Booming in the coal based SNG is not oriented to market, but investment-driven. • Coal based SNG is restricted by pollution, technology, economic and water resources. • The positioning of coal based SNG industry should be industrial demonstration. • The immature technique is the biggest obstacle

  18. 7 CFR 1000.50 - Class prices, component prices, and advanced pricing factors.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 9 2010-01-01 2009-01-01 true Class prices, component prices, and advanced pricing... advanced pricing factors. Class prices per hundredweight of milk containing 3.5 percent butterfat, component prices, and advanced pricing factors shall be as follows. The prices and pricing factors described...

  19. Pricing products: juxtaposing affordability with quality appeal.

    Science.gov (United States)

    1984-01-01

    Choosing appropriate product prices is 1 of the most crucial steps in creating an effective contraceptive social marketing (CSM) sales campaign. The Social Marketing Forum conducted an informal survey of social marketing project managers, international contractors, and marketing consultants to determine how CSM programs cope with pricing problems and ways to circumvent some obstacles. According to Diana Altman, a family planning consultant, low prices that make products available to needy individuals are more important than the program's self sufficiency, yet if prices are too low, consumers think the products were unusable in the US and thus were dumped on local markets. Other key factors include commercial competition, spiraling inflation rates, and problems with rising prices and retailer/distributor margins. A sampling of per capita gross national products indicates the poverty level of most CSM projects' target market. Consequently, CSM projects must set low pices, regardless of program operating costs. The goal often is to increase the demand and availability for contraceptives. The fact that social marketing products must pass through retail networks to reach consumers complicates the pricing equation. To deal with the problem, India's Nirodh program gives a 25% margin to distributors/wholesalers, compared to 6% offered on most other goods. Retailers also receive a 25% margin, more than double the commercial rate. Once prices are set, increases pose hazards. Local government approval often is a prerequisite and can require lengthy negotiations. Market studies remain a valuable approach to effective pricing, according to PNA's Mallamad and other research consultants. They cite such effective research strategies as test marketing products and asking consumers how prices affect buying habits. Further, CSM projects can jump over some pricing hurdles through creative marketing. An effective pricing strategy alone cannot produce a successful CSM program. Pricing

  20. Coal fired steam generation for heavy oil recovery

    International Nuclear Information System (INIS)

    Firmin, K.

    1992-01-01

    In Alberta, some 21,000 m 3 /d of heavy oil and bitumen are produced by in-situ recovery methods involving steam injection. The steam generation requirement is met by standardized natural-gas-fired steam generators. While gas is in plentiful supply in Alberta and therefore competitively priced, significant gas price increases could occur in the future. A 1985 study investigating the alternatives to natural gas as a fuel for steam generation concluded that coal was the most economic alternative, as reserves of subbituminous coal are not only abundant in Alberta but also located relatively close to heavy oil and bitumen production areas. The environmental performance of coal is critical to its acceptance as an alternate fuel to natural gas, and proposed steam generator designs which could burn Alberta coal and control emissions satisfactorily are assessed. Considerations for ash removal, sulfur dioxide sorption, nitrogen oxides control, and particulate emission capture are also presented. A multi-stage slagging type of coal-fired combustor has been developed which is suitable for application with oilfield steam generators and is being commissioned for a demonstration project at the Cold Lake deposit. An economic study showed that the use of coal for steam generation in heavy oil in-situ projects in the Peace River and Cold Lake areas would be economic, compared to natural gas, at fuel price projections and design/cost premises for a project timing in the mid-1990s. 7 figs., 3 tabs

  1. Effect of the accuracy of price forecasting on profit in a Price Based Unit Commitment

    International Nuclear Information System (INIS)

    Delarue, Erik; Van Den Bosch, Pieterjan; D'haeseleer, William

    2010-01-01

    This paper discusses and quantifies the so-called loss of profit (i.e., the sub-optimality of profit) that can be expected in a Price Based Unit Commitment (PBUC), when incorrect price forecasts are used. For this purpose, a PBUC model has been developed and utilized, using Mixed Integer Linear Programming (MILP). Simulations are used to determine the relationship between the Mean Absolute Percentage Error (MAPE) of a certain price forecast and the loss of profit, for four different types of power plants. A Combined Cycle (CC) power plant and a pumped storage unit show highest sensitivity to incorrect forecasts. A price forecast with a MAPE of 15%, on average, yields 13.8% and 12.1% profit loss, respectively. A classic thermal power plant (coal fired) and cascade hydro unit are less affected by incorrect forecasts, with only 2.4% and 2.0% profit loss, respectively, at the same price forecast MAPE. This paper further demonstrates that if price forecasts show an average bias (upward or downward), using the MAPE as measure of the price forecast might not be sufficient to quantify profit loss properly. Profit loss in this case has been determined as a function of both shift and MAPE of the price forecast. (author)

  2. Application of Markov Model in Crude Oil Price Forecasting

    Directory of Open Access Journals (Sweden)

    Nuhu Isah

    2017-08-01

    Full Text Available Crude oil is an important energy commodity to mankind. Several causes have made crude oil prices to be volatile. The fluctuation of crude oil prices has affected many related sectors and stock market indices. Hence, forecasting the crude oil prices is essential to avoid the future prices of the non-renewable natural resources to rise. In this study, daily crude oil prices data was obtained from WTI dated 2 January to 29 May 2015. We used Markov Model (MM approach in forecasting the crude oil prices. In this study, the analyses were done using EViews and Maple software where the potential of this software in forecasting daily crude oil prices time series data was explored. Based on the study, we concluded that MM model is able to produce accurate forecast based on a description of history patterns in crude oil prices.

  3. Competitive Pricing by a Price Leader

    OpenAIRE

    Abhik Roy; Dominique M. Hanssens; Jagmohan S. Raju

    1994-01-01

    We examine the problem of pricing in a market where one brand acts as a price leader. We develop a procedure to estimate a leader's price rule, which is optimal given a sales target objective, and allows for the inclusion of demand forecasts. We illustrate our estimation procedure by calibrating this optimal price rule for both the leader and the follower using data on past sales and prices from the mid-size sedan segment of the U.S. automobile market. Our results suggest that a leader-follow...

  4. ACCOUNTING ASPECTS OF PRICING AND TRANSFER PRICING

    Directory of Open Access Journals (Sweden)

    TÜNDE VERES

    2011-01-01

    Full Text Available The pricing methods in practice need really complex view of the business situation and depend on the strategy and market position of a company. The structure of a price seems simple: cost plus margin. Both categories are special area in the management accounting. Information about the product costs, the allocation methodologies in cost accounting, the analyzing of revenue and different level of the margin needs information from accounting system. This paper analyzes the pricing methods from management accounting aspects to show out the role of the accounting system in the short term and long term pricing and transfer pricing decisions.

  5. Energy supply: No gas from coal

    Energy Technology Data Exchange (ETDEWEB)

    Kempkens, W

    1983-03-01

    In the last twelve years the share of natural gas in the total consumption of primary energy has increased twelve-fold and now amounts to 16 per cent. One-third of this is produced in West Germany. Although world deposits will last well into the next century, attempts are already being made to perfect techniques for obtaining gas from coal. However, the cubic metre price of synthetic gas is still anything but competitive.

  6. Gas, electricity, coal: 1998 statistical data

    International Nuclear Information System (INIS)

    1999-01-01

    This document brings together the main statistical data from the French direction of gas, electricity and coal and presents a selection of the most significant numbered data: origin of production, share of the consumption, price levels, resources-employment status. These data are presented in a synthetic and accessible way in order to make useful references for the actors of the energy sector. (J.S.)

  7. German energy prices top the scale as Commission examines price transparency

    International Nuclear Information System (INIS)

    Anon.

    1994-01-01

    The results of the price transparency directive indicate clearly that gas and electricity prices to both large and small consumers vary widely between member states. And one message which will hit home to large industrial consumers of gas and electricity when they examine the Commission's recent analysis is that relocating or setting up a subsidiary in Germany is a decision which must be taken with care. The Commission's first attempt to examine the directive's operation reveals that the majority of gas and electricity prices in Germany are higher than those in the bulk of other member states. While the reasons for this are known - for electricity it is mainly due to the Kohlepfennig, a surcharge added to power bills to support the uneconomic coal industry -the Commission's analysis focuses on the price difference between member states rather than the various reasons - tariff policy, taxes, environmental costs - for the difference. (Author)

  8. Cheap oil benefits coal on the short term, not the long

    Energy Technology Data Exchange (ETDEWEB)

    Soras, C.G.; Stodden, J.R.

    1986-03-01

    This is a brief article describing the effects of the declining price of oil on the coal industry. The oil price explosion from 1973-1979 is described along with the present day situation. Oil consumption in the US and the general drop in production worldwide is represented. It is concluded that the coal industry will benefit in the short term from the present crisis but stands to make some losses in the long run.

  9. Coal gasification in Europe

    International Nuclear Information System (INIS)

    Furfari, S.

    1992-01-01

    This paper first analyzes European energy consumption and supply dynamics within the framework of the European Communities energy and environmental policies calling for the increased use of natural gas, reduced energy consumption, promotion of innovative renewable energy technologies, and the reduction of carbon dioxide emissions. This analysis evidences that, while, at present, the increased use of natural gas is an economically and environmentally advantageous policy, as well as, being strategically sound (in view of Middle East political instability), fuel interchangeability, in particular, the option to use coal, is vital to ensure stability of the currently favourable natural gas prices and offer a locally available energy alternative to foreign supplied sources. Citing the advantages to industry offered by the use of flexible, efficient and clean gaseous fuels, with interchangeability, the paper then illustrates the cost and environmental benefits to be had through the use of high efficiency, low polluting integrated gasification combined-cycle power plants equipped to run on a variety of fuels. In the assessment of technological innovations in this sector, a review is made of some of the commercially most promising gasification processes, e.g., the British Gas-Lurgi (BGL) slagging gasifier, the high-temperature Winkler (HTW) Rheinbraun, and the Krupp Koppers (PRENFLO) moving bed gasifier processes

  10. Coal gasification in Europe

    Energy Technology Data Exchange (ETDEWEB)

    Furfari, S [Commissione delle Comunita' Europee, Bruxelles (Belgio). Direzione Generale dell' Energia, Direzione delle Tecnologie

    1992-02-01

    This paper first analyzes European energy consumption and supply dynamics within the framework of the European Communities energy and environmental policies calling for the increased use of natural gas, reduced energy consumption, promotion of innovative renewable energy technologies, and the reduction of carbon dioxide emissions. This analysis evidences that, while, at present, the increased use of natural gas is an economically and environmentally advantageous policy, as well as, being strategically sound (in view of Middle East political instability), fuel interchangeability, in particular, the option to use coal, is vital to ensure stability of the currently favourable natural gas prices and offer a locally available energy alternative to foreign supplied sources. Citing the advantages to industry offered by the use of flexible, efficient and clean gaseous fuels, with interchangeability, the paper then illustrates the cost and environmental benefits to be had through the use of high efficiency, low polluting integrated gasification combined-cycle power plants equipped to run on a variety of fuels. In the assessment of technological innovations in this sector, a review is made of some of the commercially most promising gasification processes, e.g., the British Gas-Lurgi (BGL) slagging gasifier, the high-temperature Winkler (HTW) Rheinbraun, and the Krupp Koppers (PRENFLO) moving bed gasifier processes.

  11. Uranium price formation. Final report

    International Nuclear Information System (INIS)

    1977-10-01

    The modern uranium industry came into existence in 1946. Until 1966, its sole customer was the Atomic Energy Commission, whose needs for U 3 O 8 relative to industry capacity declined over the years. The development of the commercial market after 1965 coincided with a period of excess capacity and falling nominal and real prices. Gradually in 1973 and dramatically thereafter, market conditions changed and prices rose as utilities sought larger quantities of U 3 O 8 and longer term contracts. Questions about availability of long-run supplies were raised, given the known reserve base. The response of the supply of U 3 O 8 to incentives offered first by the AEC and later by the utilities in the context of new and developing market conventions is examined. The methodology used is microeconomic analysis, qualitatively applied to the history of price formation in the market. Because the study emphasizes the implications of the history of uranium price formation for forecasting supply response, the study presents many different kinds of data and evaluates their quality and appropriateness for forecasting. A simple, very-useful framework for analyzing the history of the market for U 3 O 8 was developed and used to describe supply responses in selected important periods of the industry's development. It is concluded that the response of supply of U 3 O 8 to rising prices or to expectations of demand growth has been impressively strong. The potential reserve inventory is large enough to meet the needs for nuclear power generation through the end of this century. The price necessary to induce producers to find and produce these reserves is uncertain, partly because of problems inherent in estimating long-run supply curves and partly because recent inflation has created major uncertainties about the cost of future supplies

  12. Port projects put on hold as coal imports peak

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-07-15

    UK ports and rail operators have invested heavily to improve available capacity, but now imports are leveling off. In January to May 2007, UK coal imports totalled 19.2 mt, a drop of 6% compared to the same period in 2006. Indigenous production dropped more drastically, 23.8% to 6.62 mt. UK coal demand will be determined by such factors as the Large Combustion Plant Directive. There appears to be a second wave in the 'dash for gas' generation game as gas prices have fallen. Investment at Immingham's terminal has enabled the UK to cope with increased coal imports. ABP is now considering another coal terminal outside the locks at Hull. These plans are outlined in the article. Coal handling at Newcastle is also reported. 3 figs., 1 photos.

  13. Case studies on direct liquefaction of low rank Wyoming coal

    Energy Technology Data Exchange (ETDEWEB)

    Adler, P.; Kramer, S.J.; Poddar, S.K. [Bechtel Corp., San Francisco, CA (United States)

    1995-12-31

    Previous Studies have developed process designs, costs, and economics for the direct liquefaction of Illinois No. 6 and Wyoming Black Thunder coals at mine-mouth plants. This investigation concerns two case studies related to the liquefaction of Wyoming Black Thunder coal. The first study showed that reducing the coal liquefaction reactor design pressure from 3300 to 1000 psig could reduce the crude oil equivalent price by 2.1 $/bbl provided equivalent performing catalysts can be developed. The second one showed that incentives may exist for locating a facility that liquifies Wyoming coal on the Gulf Coast because of lower construction costs and higher labor productivity. These incentives are dependent upon the relative values of the cost of shipping the coal to the Gulf Coast and the increased product revenues that may be obtained by distributing the liquid products among several nearby refineries.

  14. Phosphate rock costs, prices and resources interaction.

    Science.gov (United States)

    Mew, M C

    2016-01-15

    This article gives the author's views and opinions as someone who has spent his working life analyzing the international phosphate sector as an independent consultant. His career spanned two price hike events in the mid-1970's and in 2008, both of which sparked considerable popular and academic interest concerning adequacy of phosphate rock resources, the impact of rising mining costs and the ability of mankind to feed future populations. An analysis of phosphate rock production costs derived from two major industry studies performed in 1983 and 2013 shows that in nominal terms, global average cash production costs increased by 27% to $38 per tonne fob mine in the 30 year period. In real terms, the global average cost of production has fallen. Despite the lack of upward pressure from increasing costs, phosphate rock market prices have shown two major spikes in the 30 years to 2013, with periods of less volatility in between. These price spike events can be seen to be related to the escalating investment cost required by new mine capacity, and as such can be expected to be repeated in future. As such, phosphate rock price volatility is likely to have more impact on food prices than rising phosphate rock production costs. However, as mining costs rise, recycling of P will also become increasingly driven by economics rather than legislation. Copyright © 2015 Elsevier B.V. All rights reserved.

  15. Trends in Japanese coal trade

    Energy Technology Data Exchange (ETDEWEB)

    Nakajima, S

    1986-01-01

    The author discusses 1) the latest forecast for coal demand in Japan; 2) trends in Japanese steam coal demand, with breakdown by industry; 3) the organization of steam coal supply, with details of the distribution network and of the new coal cartridge system; 4) the demand for metallurgical coal. Other topics outlined include the current status of Japanese coal production, Japanese coal trade, and the development of overseas coal resources. 1 figure, 5 tables.

  16. What drives the efficiency of hard coal fuelled electricity generation? : an empirical assessment

    OpenAIRE

    Hoffmann, Tim; Voigt, Sebastian

    2009-01-01

    The efficiency of electricity generation in hard coal fired power plants varies considerably from country to country and over time. These differences occur both between developing and developed countries and between industrialised nations. The econometric analysis presented in this paper tests for the reasons of these discrepancies. In this examination abundance of hard coal and the price of hard coal are the two variables of our major interest. We assume that countries with an abundance of h...

  17. Heterogeneity and option pricing

    NARCIS (Netherlands)

    Benninga, Simon; Mayshar, Joram

    2000-01-01

    An economy with agents having constant yet heterogeneous degrees of relative risk aversion prices assets as though there were a single decreasing relative risk aversion pricing representative agent. The pricing kernel has fat tails and option prices do not conform to the Black-Scholes formula.

  18. State energy price and expenditure report 1989

    International Nuclear Information System (INIS)

    1991-01-01

    The State Energy Price and Expenditure Report (SEPER) presents energy price and expenditure estimates for the 50 States, the District of Columbia, and the United States. The estimates are provided by energy source (e.g., petroleum, natural gas, coal, and electricity) and by major consuming or economic sector. This report is an update of the State Energy Price and Expenditure Report 1988 published in September 1990. Changes from the last report are summarized in a section of the documentation. Energy price and expenditure estimates are published for the years 1970, 1975, 1980, and 1985 through 1989. Documentation follows the tables and describes how the price estimates are developed, including sources of data, methods of estimation, and conversion factors applied. Consumption estimates used to calculate expenditures, and the documentation for those estimates, are from the State Energy Data Report, Consumption Estimates, 1960--1989 (SEDR), published in May 1991. Expenditures are calculated by multiplying the price estimates by the consumption estimates, adjusted to remove process fuel and intermediate product consumption. All expenditures are consumer expenditures, that is, they represent estimates of money directly spent by consumers to purchase energy, generally including taxes. 11 figs., 43 tabs

  19. State energy price and expenditure report 1989

    Energy Technology Data Exchange (ETDEWEB)

    1991-09-30

    The State Energy Price and Expenditure Report (SEPER) presents energy price and expenditure estimates for the 50 States, the District of Columbia, and the United States. The estimates are provided by energy source (e.g., petroleum, natural gas, coal, and electricity) and by major consuming or economic sector. This report is an update of the State Energy Price and Expenditure Report 1988 published in September 1990. Changes from the last report are summarized in a section of the documentation. Energy price and expenditure estimates are published for the years 1970, 1975, 1980, and 1985 through 1989. Documentation follows the tables and describes how the price estimates are developed, including sources of data, methods of estimation, and conversion factors applied. Consumption estimates used to calculate expenditures, and the documentation for those estimates, are from the State Energy Data Report, Consumption Estimates, 1960--1989 (SEDR), published in May 1991. Expenditures are calculated by multiplying the price estimates by the consumption estimates, adjusted to remove process fuel and intermediate product consumption. All expenditures are consumer expenditures, that is, they represent estimates of money directly spent by consumers to purchase energy, generally including taxes. 11 figs., 43 tabs.

  20. LAND PRICE MAPPING OF JABODETABEK, INDONESIA

    Directory of Open Access Journals (Sweden)

    Adisti Madella Elmanisa

    2017-03-01

    Full Text Available Land provision is one of the biggest challenges for development in urban area. Most of the available urban land will be the object of speculation to be resold at a higher price when the time is right. In Jabodetabek, where the pace of urban development is faster than other parts of Indonesia, the prices of land show an abnormal increase; they seem to rise too fast. This paper discusses the increasing land prices in Jabodetabek area and argues that the increasing land price has encourages the private developer to bank the land in the area. Based on land price survey in Jabodetabek, urban activity is moving to south Jakarta. The highest land prices were found at East Kuningan, Setiabudi, and South Jakarta. By constrast, the lowest prices were observed in Sumur Batu and Cimuning (Bantar Gebang, Bekasi.It can be concluded that the land price increase also triggered land banking practice in Jabodetabek reaching in total approximately 60% of total area of Jakarta.

  1. INTER-MARKET AND SEASONAL VARIATION IN PRICES: AN ...

    African Journals Online (AJOL)

    iya beji

    examined its seasonal price rise and analyzed the inter-market variation in prices of maize in the study area ... farmers are in business to sell their farm products at a fair returns or profit. ... from their investments and entrepreneurship. Therefore ...

  2. The feasibility of underground coal gasification in developing countries with abundant coal reserves

    International Nuclear Information System (INIS)

    Lakay, P.; Van Den Panhuyzen, W.

    1993-01-01

    The feasibility of underground coal gasification is evaluated on the basis of a case study for India. India has immense coal reserves at relatively shallow depths compared to Europe, has low wages, an urgent need to expand its power capacity, a strongly rising energy demand and has shown interest in underground coal gasification. Three scenarios including the cases of continued, declining and a strong economic growth were considered. Model calculations allow to compare the cost of the electric power generated by the combustion of the gas produced by underground coal gasification with the cost of the power produced by classic thermal power plants in India for -the reference year 2000. (A.S.) 4 figs. 1 tab

  3. Sea level rise under the Shared Socioeconomic Pathways (SSPs)

    Science.gov (United States)

    Schleussner, C. F.; Nauels, A.; Rogelj, J.; Mengel, M.; Meinshausen, M.

    2017-12-01

    In order to assess future sea level rise and its impacts, we need to study climate change pathways combined with different scenarios of socioeconomic development. Here, we present Sea Level Rise (SLR) projections for the Shared Socioeconomic Pathway (SSP) storylines and different year-2100 radiative Forcing Targets (FTs). Future SLR is estimated with a comprehensive SLR emulator that accounts for latest research on additional Antarctic rapid discharge dynamics from hydrofracturing and ice cliff instability. Across all baseline scenario realizations (no dedicated climate mitigation), we find 2100 median SLR relative to 1986-2005 of 102 cm (likely range: 77 to 135 cm) for SSP1, 118 cm (90 to 151 cm) for SSP2, 118 cm (91 to 149 cm) for SSP3, 107 cm (81 to 137 cm) for SSP4, and 144 cm (112 to 184 cm) for SSP5. The 2100 sea level responses for combined SSP-FT scenarios is dominated by the mitigation targets and yield median estimates of 68 cm (56 to 87 cm) for FT 2.6 Wm-2, 76 cm (61 to 107 cm) for FT 3.4 Wm-2, 90 cm (68 to 120 cm) for FT 4.5 Wm-2, and 105 cm (79 to 136 cm) for FT 6.0 Wm-2. Average 2081-2100 annual rates of SLR are 6 mm/yr and 19 mm/yr for the FT 2.6 Wm-2 and the baseline scenarios, respectively. Our model setup allows linking scenario-specific emission and socioeconomic indicators to projected SLR. For limiting median 2100 SSP SLR projections to below 80 cm, we find that 2050 cumulative CO2 emissions since pre-industrial should not exceed around 860 GtC, with the global coal phase-out nearly completed. For SSP mitigation scenarios, the median 2050 carbon price of 90 US$2005 tCO2-1 would correspond to a median 2100 SLR of around 80 cm. Our results confirm that rapid and early emission reductions are essential for limiting 2100 SLR.

  4. Rise of the dragon

    Science.gov (United States)

    2008-08-01

    China may be a vast and daunting place to outsiders but one thing is clear: the country is booming, with the economy growing by more than 10% each year. Its manufacturing industry is thriving and there is a huge demand for natural resources - last year, on average two new coal-fired power plants were being built in China each week. Indeed, the Chinese authorities are eager to conceal the environmental impact of the country's rampant economic growth. During this month's Olympic Games, for example, drivers in Beijing will only be allowed to use their cars every other day while the event takes place.

  5. Regulation of Pharmaceutical Prices

    DEFF Research Database (Denmark)

    Kaiser, Ulrich; Mendez, Susan J.; Rønde, Thomas

    On April 1, 2005, Denmark changed the way references prices, a main determinant of reimbursements for pharmaceutical purchases, are calculated. The previous reference prices, which were based on average EU prices, were substituted to minimum domestic prices. Novel to the literature, we estimate...... the joint eects of this reform on prices and quantities. Prices decreased more than 26 percent due to the reform, which reduced patient and government expenditures by 3.0 percent and 5.6 percent, respectively, and producer revenues by 5.0 percent. The prices of expensive products decreased more than...

  6. Nitrogen in Chinese coals

    Science.gov (United States)

    Wu, D.; Lei, J.; Zheng, B.; Tang, X.; Wang, M.; Hu, Jiawen; Li, S.; Wang, B.; Finkelman, R.B.

    2011-01-01

    Three hundred and six coal samples were taken from main coal mines of twenty-six provinces, autonomous regions, and municipalities in China, according to the resource distribution and coal-forming periods as well as the coal ranks and coal yields. Nitrogen was determined by using the Kjeldahl method at U. S. Geological Survey (USGS), which exhibit a normal frequency distribution. The nitrogen contents of over 90% Chinese coal vary from 0.52% to 1.41% and the average nitrogen content is recommended to be 0.98%. Nitrogen in coal exists primarily in organic form. There is a slight positive relationship between nitrogen content and coal ranking. ?? 2011 Science Press, Institute of Geochemistry, CAS and Springer Berlin Heidelberg.

  7. Coal worker's pneumoconiosis

    Science.gov (United States)

    ... this page: //medlineplus.gov/ency/article/000130.htm Coal worker's pneumoconiosis To use the sharing features on this page, please enable JavaScript. Coal worker's pneumoconiosis (CWP) is a lung disease that ...

  8. Secure energy supply without coal and nuclear power?

    International Nuclear Information System (INIS)

    Clement, W.

    2008-01-01

    The future of energy policy and energy supply is determined by the rising global demand for every kind of energy. Europe is being confronted with an ever growing dependence on imported oil and gas. We thus fall victim to the volatile ups and downs of oil and gas prices on the world markets. These risks to industry, and thus to jobs, are simply underrated, even ignored, in this country. Challenges of this kind require strategic solutions instead of case-by-case decisions which, in addition, more often than not are based on emotion rather than facts. Finding strategic solutions means that we must use all our scientific, technological and industrial potentials to achieve our ambitious goals in climate policy. We must use energy as intelligently as possible, i.e., we must develop and, above all, use CO 2 -free coal-fired power plants, safe nuclear power, renewable energy sources, and take measures to ensure a highly efficient management of energy. Only those four-pronged approach will enable us to ensure optimally competition, continuity of supply, and protection of the environment and the climate. Those who negate or ignore this interrelation are bound to fail in economic and ecological reality. (orig.)

  9. Assessment and Decomposition of Total Factor Energy Efficiency: An Evidence Based on Energy Shadow Price in China

    Directory of Open Access Journals (Sweden)

    Peihao Lai

    2016-04-01

    Full Text Available By adopting an energy-input based directional distance function, we calculated the shadow price of four types of energy (i.e., coal, oil, gas and electricity among 30 areas in China from 1998 to 2012. Moreover, a macro-energy efficiency index in China was estimated and divided into intra-provincial technical efficiency, allocation efficiency of energy input structure and inter-provincial energy allocation efficiency. It shows that total energy efficiency has decreased in recent years, where intra-provincial energy technical efficiency drops markedly and extensive mode of energy consumption rises. However, energy structure and allocation improves slowly. Meanwhile, lacking an integrated energy market leads to the loss of energy efficiency. Further improvement of market allocation and structure adjustment play a pivotal role in the increase of energy efficiency.

  10. One TV, One Price?

    OpenAIRE

    Jean Imbs; Haroon Mumtaz; Morten O. Ravn; Hélène Rey

    2009-01-01

    We use a unique dataset on television prices across European countries and regions to investigate the sources of differences in price levels. Our findings are as follows: (i) Quality is a crucial determinant of price differences. Even in an integrated economic zone as Europe, rich economies tend to consume higher quality goods. This effect accounts for the lion’s share of international price dispersion. (ii) Sizable international price differentials subsist even for the same television sets. ...

  11. Value-based pricing

    OpenAIRE

    Netseva-Porcheva Tatyana

    2010-01-01

    The main aim of the paper is to present the value-based pricing. Therefore, the comparison between two approaches of pricing is made - cost-based pricing and value-based pricing. The 'Price sensitively meter' is presented. The other topic of the paper is the perceived value - meaning of the perceived value, the components of perceived value, the determination of perceived value and the increasing of perceived value. In addition, the best company strategies in matrix 'value-cost' are outlined. .

  12. Market fundamentals, competition and natural-gas prices

    International Nuclear Information System (INIS)

    Hulshof, Daan; Maat, Jan-Pieter van der; Mulder, Machiel

    2016-01-01

    After the liberalisation of the gas industry, trading hubs have emerged in Europe. Although these hubs appear to be liquid market places fostering gas-to-gas competition, the efficiency of the gas market remains a topic of interest as a fair share of gas is still traded through long-term contracts with prices linked to the oil price while the number of gas suppliers to the European market is limited. In order to assess the efficiency of the gas market, we analyse the day-ahead spot price at the Dutch gas hub over the period 2011–2014. We find that the oil price had a small positive impact on the gas price. Changes in the concentration on the supply side did not affect the movement in gas prices. The availability of gas in storages and the outside temperature negatively influenced the gas price. We also find that the gas price was related to the production of wind electricity. Overall, we conclude that the day-ahead gas prices are predominantly determined by gas-market fundamentals. Policies to further integrate gas markets within Europe may extend this gas-to-gas competition to a larger region. - Highlights: •We analyse the development of the day-ahead spot price at TTF over 2011–2014. •The oil price had a small impact on the gas price, while the coal price had no effect. •Changes in the concentration on the supply side did not affect the gas prices. •The gas prices are predominantly determined by weather and storage availability. •Policies to integrate gas markets foster gas-to-gas competition.

  13. The impact of TTIP agreement on the European Union-United States coal trade potential

    Directory of Open Access Journals (Sweden)

    Olkuski Tadeusz

    2016-01-01

    Full Text Available The main aim of the paper is to assess the impact of currently negotiated TTIP agreement (Transatlantic Trade and Investment Partnership on the use of hard coal in the EU and the US. Hard coal is the most important fuel in global electricity generation. This also applies to the United States, a leading manufacturer and exporter of this energy source. The US coal is exported to the EU market. The article presents the estimated exports of hard coal from the US to the EU. Due to the fact that price has a major impact on the size of exports, the paper presents the estimated prices, including freight costs, of power coal for the analyzed scenarios. According to one scenario, the US and European prices will be equalized (including freight costs by 2020, while from 2025 on the comparative advantage and competitiveness of the US hard coal will decrease. Taking into account the fact that the export of coal from the United States is free from customs duties, the acceptance of TIPP should not affect the currently existing trade between the two continents and the amount of exported coal. Nevertheless, the question of hard coal economy cannot be separated from other sectors of the energy market, which can be significantly affected by the future agreement.

  14. FACTORS AFFECTING TOBIN'S Q COAL MINING COMPANY REGISTERED IN INDONESIA STOCK EXCHANGE

    Directory of Open Access Journals (Sweden)

    E. Batara Manurung

    2016-05-01

    Full Text Available The purpose of this study is to examine the effect of capital structure (debt to asset ratio and debt to equity ratio, economic value added, and coal reserves towards Tobin’s Q, as a proxy of firms’ value, of coal companies listed on the Indonesia Stock Exchange (IDX. This study also aims to examine the contribution of Tobin’s Q towards sectoral stock index price of coal production companies. From a total population of 23 companies, this study took a sample of 16 coal production companies using purposive sampling method. The data used is collected from the companies audited financial statements and annual reports in IDX’s website from 2009 to 2014. The results of multiple linear regression analysis show that there is significant impact of economic value added, coal reserves and profitability dummy towards Tobin’s Q. Furthermore, the results of linear regression analysis show that there is significant impact of Tobin’s Q towards sectoral stock index price of coal production companies. Based on the results of this study, the financial decision makers in coal production companies are advised to use economic value added, availability of coal reserves and profitability in improving firm value reflected in its share price.Keywords: capital structure, coal reserves, economic value added, Tobin’s Q

  15. A Coal Burst Mitigation Strategy for Tailgate during Deep Mining of Inclined Longwall Top Coal Caving Panels at Huafeng Coal Mine

    Directory of Open Access Journals (Sweden)

    Guorui Feng

    2018-01-01

    Full Text Available A coal burst mitigation strategy for tailgate in mining of deep inclined longwall panels with top coal caving at Huafeng Coal Mine is presented in this paper. Field data showed that coal bursts, rib sloughing or slabbing, large convergence, and so forth frequently occurred within the tailgate entries during development and panel retreating employing standard longwall top coal caving (LTCC layout which resulted in fatal injuries and tremendous profit loss. The contributing factors leading to coal bursts were analyzed. Laboratory tests, in situ measurement, and field observation demonstrate that the intrinsic bursting proneness of the coal seam and immediate roof stratum, deep cover, overlying ultrathick (500–800 m conglomerate strata, faults, and, most importantly, improper panel layout led to coal bursts. By employing a new strategy, that is, longwall mining with split-level gateroads (LMSG, gateroads on either end of a LMSG panel are located at different levels within a coal seam, adjacent LMSG panels overlap end to end, and the tailgate of the adjacent new LMSG panel can be located below the headgate entry of the previous LMSG panel or may be offset horizontally with respect to it. Numerical modeling was carried out to investigate the stress distribution and yield zone development within surrounding rock mass which was validated by field investigation. The results indicate that standard LTCC system gave rise to high ground pressure around tailgate entries next to the gob, while LMSG tailgate entry below the gob edge was in a destressed environment. Therefore, coal bursts are significantly mitigated. Field practice of LMSG at Huafeng Coal Mine demonstrates how the new strategy effectively dealt with coal burst problems in mining of deep inclined longwall panels with a reduced incidence of ground control problems. The new strategy can potentially be applied in similar settings.

  16. Fording Canadian Coal Trust

    Energy Technology Data Exchange (ETDEWEB)

    Popowich, J.; Millos, R. [Elk Valley Coal Corporation, Calgary, AB (Canada)

    2004-07-01

    This is the first of five slide/overhead presentations presented at the Fording Canadian Coal Trust and Tech Cominco Ltd. investor day and mine tour. The Fording Canadian Coal Trust is described. The Trust's assets comprise six Elk Valley metallurgical coal mines and six wollastonite operations (in the NYCO Group). Trust structure, corporate responsibility, organizational structure, reserves and resources, management philosophy, operating strategies, steel market dynamics, coal market, production expansion, sales and distribution are outlined. 15 figs., 5 tabs.

  17. Review biodepyritisation of coal

    Energy Technology Data Exchange (ETDEWEB)

    Acharya, C.; Sukla, L.B.; Misra, V.N. [Regional Research Lab., Orissa (India)

    2004-01-01

    This review provides a detailed summary of the recent and past research activities in the area of biodesulfurisation of coal. It provides information about microorganisms important for biodesulfurisation of coal, with the emphasis on Thiobacillus ferrooxidans. The review presents an insight into various methods of desulfurisation of coal combining physical and biological methods. Also, there are discussions on coal structure, distribution, mechanism and kinetics of pyrite oxidation and jarosite precipitation. Finally, areas requiring further research are identified.

  18. Coal dust symposium

    Energy Technology Data Exchange (ETDEWEB)

    1981-03-01

    This paper gives a report of the paper presented at the symposium held in Hanover on 9 and 10 February 1981. The topics include: the behaviour of dust and coal dust on combustion and explosion; a report on the accidents which occurred at the Laegerdorf cement works' coal crushing and drying plant; current safety requirements at coal crushing and drying plant; and coal crushing and drying. Four papers are individually abstracted. (In German)

  19. Inorganic Constituents in Coal

    Directory of Open Access Journals (Sweden)

    Rađenović A.

    2006-02-01

    Full Text Available Coal contains not only organic matter but also small amounts of inorganic constituents. More thanone hundred different minerals and virtually every element in the periodic table have been foundin coal. Commonly found group minerals in coal are: major (quartz, pyrite, clays and carbonates,minor, and trace minerals. Coal includes a lot of elements of low mass fraction of the orderof w=0.01 or 0.001 %. They are trace elements connected with organic matter or minerals comprisedin coal. The fractions of trace elements usually decrease when the rank of coal increases.Fractions of the inorganic elements are different, depending on the coal bed and basin. A varietyof analytical methods and techniques can be used to determine the mass fractions, mode ofoccurrence, and distribution of organic constituents in coal. There are many different instrumentalmethods for analysis of coal and coal products but atomic absorption spectroscopy – AAS is theone most commonly used. Fraction and mode of occurrence are one of the main factors that haveinfluence on transformation and separation of inorganic constituents during coal conversion.Coal, as an important world energy source and component for non-fuels usage, will be continuouslyand widely used in the future due to its relatively abundant reserves. However, there is aconflict between the requirements for increased use of coal on the one hand and less pollution onthe other. It’s known that the environmental impacts, due to either coal mining or coal usage, canbe: air, water and land pollution. Although, minor components, inorganic constituents can exert asignificant influence on the economic value, utilization, and environmental impact of the coal.

  20. How long is coal's future

    Energy Technology Data Exchange (ETDEWEB)

    Rotty, R M; Weinberg, A M

    1977-03-01

    Nearly all scenarios for future U.S. energy supply systems show heavy dependence on coal ranging from 700 million tons to 3300 million tons per year. However, potential climate change resulting from increasing atmospheric carbon dioxide concentrations may prevent coal from playing a major role. The carbon in the carbon dioxide produced from fossil fuels each year is about 1/10 the net primary production by terrestrial plants, but the fossil fuel production has been growing exponentially at 4.3% per year. Observed atmospheric carbon dioxide concentrations have increased from 315 ppM in 1958 to 330 ppM in 1974--in 1900, before much fossil fuel was burned, it was about 290-295 ppM. Atmospheric models suggest a global warming of about 2 K if the concentration were to rise to two times its pre-1900 value--enough to change the global climate in major (but largely unknown) ways. With the current rate of increase in fossil fuel use, the atmospheric concentration should reach these levels by about 2030--earlier if coal replaces oil and gas.

  1. Energy prices and the promotion of energy conservation. A background study for energy conservation programme

    International Nuclear Information System (INIS)

    1994-01-01

    The prices of fuels in the international markets affect the development of consumer prices of energy in Finland. In the near future no factors can be foreseen, which would cause major increases in the prices of oil, coal or gas. It can thus not be expected that increased fuel prices would motivate more efficient energy conservation. In international comparison, consumer prices of energy have been relatively low in Finland. This applies especially to electricity. After the removal of price controls, energy prices have been determined by the markets. The influence of the public authorities in energy pricing is put into effect through taxation. The price of energy has a fairly small effect on energy consumption in a short term, but longer term effects are more significant. Energy products are faxed in all western countries. (orig.)

  2. The impacts of energy prices on energy intensity: Evidence from China

    International Nuclear Information System (INIS)

    Hang, Leiming; Tu, Meizeng

    2007-01-01

    In this paper, we present a review of the deregulation of energy prices in China between 1985 and 2004 and assess the impacts of changes in energy prices on aggregate energy intensity and coal/oil/electricity intensity. We used time series data to provide estimates of energy price elasticities. Empirical results showed that: (1) The own-price elasticities of coal, oil, and aggregate energy were negative in periods both before and after 1995, implying that higher relative prices of different energy types lead to the decrease in coal, oil, and aggregate energy intensities. However, the positive own-price elasticity of electricity after 1995 probably indicates that the price effect was weaker than other factors such as income effect and population effect. (2) The impacts of energy prices were asymmetric over time. (3) Sectoral adjustment also drove the decrease in aggregate energy intensity. Although raising energy prices to boost efficiency of energy use seems to be an effective policy tool, other policy implications concerned with energy prices, such as energy supply security and fuel poverty, must also be considered

  3. Cost-reflective electricity pricing: Consumer preferences and perceptions

    International Nuclear Information System (INIS)

    Hall, Nina L.; Jeanneret, Talia D.; Rai, Alan

    2016-01-01

    In Australia, residential electricity peak demand has risen steeply in recent decades, leading to higher prices as new infrastructure was needed to satisfy demand. One way of limiting further infrastructure-induced retail price rises is via ‘cost-reflective’ electricity network pricing that incentivises users to shift their demand to non-peak periods. Empowering consumers with knowledge of their energy usage is critical to maximise the potential benefits of cost-reflective pricing. This research consulted residential electricity consumers in three Australian states on their perceptions and acceptance of two cost-reflective pricing scenarios (Time-of-Use and Peak Capacity pricing) and associated technologies to support such pricing (smart meters, in-home displays and direct load control devices). An energy economist presented information to focus groups on the merits and limitations of each scenario, and participants’ views were captured. Almost half of the 53 participants were agreeable to Time-of-Use pricing, but did not have a clear preference for Peak Capacity pricing, where the price was based on the daily maximum demand. Participants recommended further information to both understand and justify the potential benefits, and for technologies to be introduced to enhance the pricing options. The results have implications for utilities and providers who seek to reduce peak demand. - Highlights: •Electricity price rises can be limited by ‘cost-reflective’ pricing. •We consulted residential electricity consumers on Time-of-Use and Peak Capacity pricing. •Understanding of peak electricity demand must increase to enable demand shift. •Interactive website could enable consumers to evaluate pricing options. •Smart meter adoption may increase if voluntary and includes an in-home display.

  4. Value-informed pricing in its organizational context: literature review, conceptual framework, and directions for future research

    NARCIS (Netherlands)

    Ingenbleek, P.T.M.

    2007-01-01

    Purpose ¿ In the face of increased pricing pressure, managerial attention for value-informed pricing (in which a price is based on the customer¿s value perception) is on the rise. Although value-informed pricing in its organizational context received a great deal of attention, the body of literature

  5. Coal economics and taxation

    Energy Technology Data Exchange (ETDEWEB)

    1978-01-01

    These proceedings contain opening remarks, the luncheon and dinner addresses, list of delegates and the papers presented at the four sessions on Coal Mines cost money - for what.; Coal mines cost money - Where the money comes from; taxation and royalty policies; and the coal industry view on operating costs. Sixteen papers are abstracted separately.

  6. ACCOUNTING ASPECTS OF PRICING AND TRANSFER PRICING

    OpenAIRE

    TÜNDE VERES

    2011-01-01

    The pricing methods in practice need really complex view of the business situation and depend on the strategy and market position of a company. The structure of a price seems simple: cost plus margin. Both categories are special area in the management accounting. Information about the product costs, the allocation methodologies in cost accounting, the analyzing of revenue and different level of the margin needs information from accounting system. This paper analyzes the pricing methods from m...

  7. The Rise of Iran

    DEFF Research Database (Denmark)

    Rahigh-Aghsan, Ali

    Iran is viewed as a rising power that poses an increasing threat to regional and even global security. This view is wrong for three reasons. Iran's hard and soft power is exaggerated by most accounts; it is too limited to allow the Iranians to dominate the Persian Gulf let alone the Middle East...

  8. The Rise of Iran

    DEFF Research Database (Denmark)

    Rahigh-Aghsan, Ali; Jakobsen, Peter Viggo

    2010-01-01

    Iran is viewed as a rising power that poses an increasing threat to regional and even global security. This view is wrong for three reasons. Iran's hard and soft power is exaggerated by most accounts; it is too limited to allow the Iranians to dominate the Persian Gulf let alone the Middle East...

  9. Fiscal 2000 survey report on project for promoting international cooperation. Survey on coal utilization in APEC region (Coal note); 2000 nendo kokusai kyoryoku suishin jigyo chosa hokokusho. APEC iki nai ni okeru sekitan riyo jokyo tou chosa (Koru note)

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    With the purpose of contributing to the infrastructure for promoting clean coal technology (CCT), there were compiled as the 'coal note' various kinds of coal-related information in China, Indonesia, Philippine, Thailand and Vietnam among APEC countries. Concerning China, for example, economic growth and energy supply/demand in the category of the energy outline were described in detail; as were the guiding principle. individual guidance plan, and specific energy policy of the 10th five year plan, in the category of the energy policy; coal deposits, geological summary, coal quality in each coal forming period, and the status quo of development, in the category of the coal mines and development; coal supply/demand, production, consumption, and export, in the category of the present status of the coal industry; producers, sales, quality of product coal, distribution, and price, in the category of the domestic supply; present state of environmental problems relating to coal, and environmental measures intended for coal, in the category of the coal-related environmental issues; and development, production, coal cleaning, quality control, safety control, and utilization (combustion, liquefaction and gasification), in the category of coal utilization technology, respectively. (NEDO)

  10. What about coal? Interactions between climate policies and the global steam coal market until 2030

    International Nuclear Information System (INIS)

    Haftendorn, C.; Kemfert, C.; Holz, F.

    2012-01-01

    Because of economic growth and a strong increase in global energy demand the demand for fossil fuels and therefore also 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 the 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 demand regions through market effects are investigated with a numerical model of the global steam coal market: the “COALMOD-World” model. This equilibrium model computes future trade flows, infrastructure investments and prices until 2030. We investigate three specific designs of climate policy: a unilateral European climate policy, an Indonesian export-limiting policy and a fast-roll out of carbon capture and storage (CCS) in the broader context of climate policy and market constraints. We find that market adjustment effects in the coal market can have significant positive and negative impacts on the effectiveness of climate policies. - Highlights: ► Interactions between climate policy and the global coal market until 2030 modeled. ► Analysis with the numerical model: “COALMOD-World”. ► Unilateral European climate policy partly compensated by market adjustment effects. ► A fast roll-out of CCS can lead to positive market adjustment effects. ► An export restricting supply-side policy generates virtuous market adjustments.

  11. Strategic Generation with Conjectured Transmission Price Responses in a Mixed Transmission Pricing System. Part 2. Application

    International Nuclear Information System (INIS)

    Wals, A.F.; Hobbs, B.F.; Rijkers, F.A.M.

    2004-05-01

    The conjectured transmission price response model presented in the first of this two-paper series considers the expectations of oligopolistic generators regarding how demands for transmission services affect the prices of those services. Here, the model is applied to northwest Europe, simulating a mixed transmission pricing system including export fees, a path-based auction system for between-country interfaces, and implicit congestion-based pricing of internal country constraints. The path-based system does not give credit for counterflows when calculating export capability. The application shows that this no-netting policy can exacerbate the economic inefficiencies caused by oligopolistic pricing by generators. The application also illustrates the effects of different generator conjectures regarding rival supply responses and transmission prices. If generators anticipate that their increased demand for transmission services will increase transmission prices, then competitive intensity diminishes and energy prices rise. In the example here, the effect of this anticipation is to double the price increase that results from oligopolistic (Cournot) competition among generators

  12. Self-scrubbing coal

    International Nuclear Information System (INIS)

    Kindig, J.K.

    1992-01-01

    More than 502 million tons - 65 percent of all coal shipped to utilities in 1990 - were above 1.2 pounds of sulfur dioxide per million Btu. Most of the coal, even though cleaned in conventional coal preparation plants, still does not meet the emission limitation the Clean Air Act Amendments mandate for the year 2000. To cope with this fact, most utilities plan to switch to low sulfur (western U.S. or Central Appalachian) coal or install scrubbers. Both solutions have serous drawbacks. Switching puts local miners out of work and weakens the economy in the utility's service territory. Scrubbing requires a major capital expenditure by the utility. Scrubbers also increase the operating complexity and costs of the generating station and produce yet another environmental problem, scrubber sludge. Employing three new cost-effective technologies developed by Customer Coals International (CCl), most non-compliance coals east of the Mississippi River can be brought into year-2000 compliance. The compliance approach employed, depends upon the characteristics of the raw coal. Three types of raw coal are differentiated, based upon the amount of organic sulfur in the coals and the ease (or difficultly) of liberating the pyrite. They are: Low organic sulfur content and pyrite that liberates easily. Moderate organic sulfur content and pyrite that liberates easily. High organic sulfur content or the pyrite liberates with difficulty. In this paper examples of each type of raw coal are presented below, and the compliance approach employed for each is described. The names of the beneficiated coal products produced from each type of raw coal give above are: Carefree Coal, Self-Scrubbing Coal and Dry-Scrubbing Coal

  13. Exporter Price Premia?

    DEFF Research Database (Denmark)

    Jäkel, Ina Charlotte; Sørensen, Allan

    This paper provides new evidence on manufacturing firms' output prices: in Denmark, on average, exported varieties are sold at a lower price (i.e. a negative exporter price premium) relative to only domestically sold varieties. This finding stands in sharp contrast to previous studies, which have...... found positive exporter price premia. We also document that the exporter price premium varies substantially across products (both in terms of sign and magnitude). We show that in a standard heterogeneous firms model with heterogeneity in quality as well as production efficiency there is indeed no clear......-cut prediction on the sign of the exporter price premium. However, the model unambiguously predicts a negative exporter price premium in terms of quality-adjusted prices, i.e. prices per unit of quality. This prediction is broadly borne out in the Danish data: while the magnitude of the premium varies across...

  14. Price strategy and pricing strategy: terms and content identification

    OpenAIRE

    Panasenko Tetyana

    2015-01-01

    The article is devoted to the terminology and content identification of seemingly identical concepts "price strategy" and "pricing strategy". The article contains evidence that the price strategy determines the direction, principles and procedure of implementing the company price policy and pricing strategy creates a set of rules and practical methods of price formation in accordance with the pricing strategy of the company.

  15. France and coal in the world. Myths and realities

    International Nuclear Information System (INIS)

    2014-09-01

    This publication denounces some myths and, as answers, states some realities regarding France, the World and coal, i.e.: Through its reduction of greenhouse gas emissions, France is an example in the struggle against climate change at the international level (whereas France still supports the development of very emitting projects like coal-fired plants in France and abroad); The construction of new coal plants would comply with the objective defined by the international community to limit world mean temperature rise below 2 deg. C (whereas such a construction does not actually comply with this objective); To be against coal is to go against poverty eradication (whereas there are better alternatives than coal to promote access to energy and eradicate poverty); It's better to replace old existing coal plants by new and more efficient coal plants (whereas great economic powers are now closing coal plants to replace them with renewable energies); As China is not yet ready to struggle against climate change, there is no use to withdraw support to coal projects (whereas China is now implementing measures to struggle against climate change)

  16. Coal Data: A reference

    International Nuclear Information System (INIS)

    1991-01-01

    The purpose of Coal Data: A Reference is to provide basic information on the mining and use of coal, an important source of energy in the United States. The report is written for a general audience. The goal is to cover basic material and strike a reasonable compromise between overly generalized statements and detailed analyses. The section ''Coal Terminology and Related Information'' provides additional information about terms mentioned in the text and introduces new terms. Topics covered are US coal deposits, resources and reserves, mining, production, employment and productivity, health and safety, preparation, transportation, supply and stocks, use, coal, the environment, and more. (VC)

  17. Asset Prices and Trading Volume under Fixed Transactions Costs.

    Science.gov (United States)

    Lo, Andrew W.; Mamaysky, Harry; Wang, Jiang

    2004-01-01

    We propose a dynamic equilibrium model of asset prices and trading volume when agents face fixed transactions costs. We show that even small fixed costs can give rise to large "no-trade" regions for each agent's optimal trading policy. The inability to trade more frequently reduces the agents' asset demand and in equilibrium gives rise to a…

  18. Trends in U.S. food prices, 1950-2007.

    Science.gov (United States)

    Christian, Thomas; Rashad, Inas

    2009-03-01

    The potential effect that food prices may have on the health of the U.S. population needs to be further explored, particularly in light of the rising food prices currently being observed. Declining food prices over time have been singled out as a main contributor, for example, to the rising trend in obesity. In this paper we use data from the Bureau of Labor Statistics, the American Chamber of Commerce Researchers Association, the Consumer Expenditure Survey, and the United States Department of Agriculture to analyze trends in various types of food prices, to create a food price index, and to estimate the price of a calorie. Results may be used by future researchers in estimating the health implications of these trends. We find that while the general trend in food prices has been declining, that of restaurant meal prices and prices of fruits and vegetables has risen over time. It is doubtful that the decline in food prices has been sufficiently large to account for the large increase in caloric intake that is said to have contributed to the obesity epidemic in the U.S.

  19. Feasibility analysis of nuclear–coal hybrid energy systems from the perspective of low-carbon development

    International Nuclear Information System (INIS)

    Chen, QianQian; Tang, ZhiYong; Lei, Yang; Sun, YuHan; Jiang, MianHeng

    2015-01-01

    Highlights: • We report a nuclear–coal hybrid energy systems. • We address the high-carbon energy resource integrating with a low-carbon energy resource. • We establish a systematic techno-economic model. • Improving both energy and carbon efficiency. • A significantly lower CO 2 emission intensity is achieved by the system. - Abstract: Global energy consumption is expected to increase significantly due to the growth of the economy and population. The utilization of fossil resource, especially coal, will likely be constrained by carbon dioxide emissions, known to be the principal contributor to climate change. Therefore, the world is facing the challenge of how to utilize fossil resource without a large carbon footprint. In the present work, a nuclear–coal hybrid energy system is proposed as a potential solution to the aforementioned challenge. A high-carbon energy such as coal is integrated effectively with a low-carbon energy such as nuclear in a flexible and optimized manner, which is able to generate the chemicals and fuels with low carbon dioxide emissions. The nuclear–coal hybrid energy system is presented in this paper for the detailed analysis. In this case, the carbon resource required by the fuel syntheses and chemical production processes is mainly provided by coal while the hydrogen resource is derived from nuclear energy. Such integration can not only lead to a good balance between carbon and hydrogen, but also improve both energy and carbon efficiencies. More importantly, a significantly lower CO 2 emission intensity is achieved. A systematic techno-economic model is established, and a scenario analysis is carried out on the hybrid system to assess the economic competitiveness based on the considerations of various types of externalities. It is found that with the rising carbon tax and coal price as well as the decreasing cost of nuclear energy, the hybrid energy system will become more and more economically competitive with the

  20. Valuation Struggles over Pricing

    DEFF Research Database (Denmark)

    Pallesen, Trine

    2016-01-01

    of creating political markets, and political prices, here understood as market distortion. This paper studies the ‘politics’ of pricing by following the adoption of the first feed-in tariff in France. Pricing as a way of achieving non-economic ends, such as climate mitigation, brings the values of several...... public goods into play, all the while prompting a translation of these values into a single price. Following the struggles over the pricing of wind power in the early 2000s, the study illustrates that rather than a pollution of the market sphere by that of politics, a politics of pricing can be observed...