UK COAL INDUSTRY: EXTERNAL THREATS AND MARKET OPPORTUNITIES.
Parker MJ.
The National Coal Board needs to plan its operations on the basis of a realistic assessment of the future potential demand for UK coal, taking account of future trends in the UK energy demand and probable future prices and availability of competing fuels - in particular, international trade of steam coal, which will increasingly determine the value of UK coal production. The paper assesses the effect of these external factors on market opportunities for UK coal to the end of the century and the implications for the industry's strategy.