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- W30650149 abstract "The Coal Analysis Division of the Office of Energy Source Analysis of Energy Information Administration has developed a Short Term Coal Demand Model (STCDM) for use by the Federal Government and interested outside groups. This model provides quarterly forecasts of electrical generation and coal consumption or three years at the state level. This report summarizes the development and design of the model. The electric utility sector is the largest consumer of coal, accounting for approximately 75% of the total demand for bituminous coal in recent years. Consequently, accurate modeling of this sector is essential for forecasting the demand for coal. Various econometric problems and structural irregularities exist, however, that must be taken into account in the final specification. The demand for coal by electric utilities is dependent on the demand for electricity, coal-fired generating capacity, and the relative costs of generating electricity using alternate boiler fuels. Thus, as the demand for electrical energy increases, for whatever reason, the demand for coal used to generate electrical energy would also be expected to increase. Many factors affecting the decisions of electric utilities in their choice of fuel mix and operating options cannot be easily quantified. Some examples are given." @default.
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- W30650149 date "1977-11-01" @default.
- W30650149 modified "2023-09-27" @default.
- W30650149 title "Short-term coal demand model. Technical memorandum TM/ESA/78-01. [Forecasting; by state]" @default.
- W30650149 hasPublicationYear "1977" @default.
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