2050 working assumption Coal Price 2010

Title: 2050 working assumption Coal Price 2010-2050 cost data point

Content: We have taken the widest range in the DECC forecasts.

We have not assumed that the cost range gets any wider 2030-2050.

As a simplifying assumption, we have assumed that range is constant rather than expanding over time. This seems plausible due to the past volatility.

As a simplifying assumption, we have treated domestic production of coal as costing the same as imports.

XVI.b Balancing imports costs and XV.b Indigenous fossil-fuel production explain how this assumption is used in the 2050 pathways project.



User: Tom Counsell

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Cost category: Coal Price cost data

Cost source: 2050 working assumption cost source

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Valid in year: 2010-2050

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Fuel: £(2009) 32-83.1/tCoal

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Title: 2050 working assumption Coal Price 2010

Content: Low and High prices from DECC Fossil Fuel Price Projections. 

Between 2010 and 2030, prices used in the model for any year are in line with the DECC projections for that year.

Prices in the period 2030 - 2050 are the value for 2030, which is the furthest projections reach. 

As a simplifying assumption, we have treated domestic production of coal as costing the same as imports.

XVI.b Balancing imports costs and XV.b Indigenous fossil-fuel production explain how this assumption is used in the 2050 pathways project.



User: Joseph Downie

Signed off by: 

Signed off at: 

Cost category: Coal Price cost data

Cost source: 2050 working assumption cost source

Valid for quantity of fuel: 

Valid in year: 2010

Efficiency: 

Life: 

Size: 

Fuel: $(2011) 93-93/tCoal

Operating: 

Capital: 

Default fuel unit: £(2009)/tCoal

Default operating unit: 

Default capital unit: 

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Output: