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<br />3-5 <br /> <br /> <br />~!", ":",' '1 '1 f' <br />:,.1 ,- ..... ..'. ) <br /> <br />High and low projections were developed for the purpose of providing <br />bases for parametric analyses and should not be treated as probabilistic <br />bands. <br />The projected coal prices are shown in Table 3-1. Also shown are <br />projected coal prices from other recent studies. These other projections <br />are presented here as representative of the range of values currently <br />projected i they should not be taken as substantiating this particular pro- <br />jection f since they were developed using very different assumptions and <br />for different purposes. Appendix C presents a brief discussion of the <br />other projections and Table C-1 (page C-4) provides references for those <br />projections referred to in Table 3-1. <br /> <br />TABLE 3-1. PROJECTED REGIONAL COAL PRICES (F.O.B. MINE) AND <br />OTHER RECENT PROJECTIONS (1977 Dollars Per MBtu) <br /> <br /> Year <br />Projection 1980 1985 1990 2000 2020 <br />High Plains Study <br />High 0.68 0.79 0.80 0.94 1.16 <br />Expected 0.62 0.66 0.67 0.78 0.97 <br />Low 0.62 0.64 0.66 0.69 0.78 <br />Other* <br />DOE 0.51 0.55 <br />ETA 0.83 0.83 <br />NORD 0.83 0.83 <br />SHCA 0.53 0.58 0.71 1.42 <br />SRI 0.83 0.83 0.79 0.69 <br />EPRI 0.77 0.82 0.78 <br />FAI 0.55 0.63 0.92 <br />NWC 0.76 0.80 0.88 1.04 <br />*See Appendix C for discussion of other projections and bibliographical <br />information. <br />