Best answer
Contrary to coal industry spin, coal is not the cheapest resource for electricity generation鈥娾€斺€奱nd it is only becomingmore expensive, according to a new report titled 鈥淐oal is not Cheap Power.鈥?The study, put together by the Alaskan non-profit Groundtruth Trekking, looked at 20 years of power generation and price data and found:
People also ask
What is the average price of coal?
In 2019, the national average sales price of bituminous, subbituminous, and lignite coal at coal mines was $30.93 per short ton, and the average delivered coal price to the electric power sector was $38.53 per short ton.
Is coal the cheapest resource for electricity generation?
Contrary to coal industry spin, coal is not the cheapest resource for electricity generation鈥娾€斺€奱nd it is only becoming more expensive, according to a new report titled 鈥淐oal is not Cheap Power.鈥?The study, put together by the Alaskan non-profit Groundtruth Trekking, looked at 20 years of power generation and price data and found:
Why is coking coal so expensive?
Coking coal must be low in sulfur and requires more thorough cleaning than coal used in power plants, which makes the coal more expensive. In 2019, the average delivered price of coking coal to coke producers was about $146 per short ton鈥攁lmost four times higher than the average price of coal delivered to the electric power sector.
How much does it cost to transport coal to power plants?
In 2018, the national average sales price of coal at coal mines was $35.99 per short ton, and the average delivered coal price to the electric power sector was $39.08 per short ton, resulting in an average transportation cost of $3.09 per short ton, or about 8% of the delivered price. Most coal is purchased for power plants
