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People also ask
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.
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.
Why is coal the least expensive fossil fuel?
Of all the fossil-fuel sources, coal is the least expensive for its energy content and is a major factor in the cost of electricity in the United States. However, burning coal in electric power plants is a major source of carbon dioxide (CO2) emissions, and its use has other repercussions as well.
How do fuel prices affect the price of coal?
Increases in oil and diesel fuel prices can significantly affect the cost of transportation, which affects the final delivered price of coal.