Coal Demand and Price Projections. Volume 1. Final Report, January-December 1995

摘要

Hill and Associates, Inc. performed a series of coal market and price forecastsfor the Gas Research Institute (GRI) to determine both the supply constraints on available quantities of coal and the projected coal prices from each U.S. coal supply region into each NERC and GRI demand. The findings indicate that the demand for U.S. steam coal will continue to increase over the next twenty years. Although low cost reserves of Central Appalachian compliance coal will begin to diminish near the end of the forecast period, reserves of all other coal types remain plentiful and supply constraints appear unlikely. Both utility and industrial delivered prices will decline in real terms over the forecast period. A 44 percent increase in total steam coal tonnages is expected by 2015.