Did renewables make power Cheaper, page-24

  1. 37,324 Posts.
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    You really are digging yourself a stupid hole, old mate.

    It seems you don't know that much about the industry you work in.

    It is the local black coal price that is going up. The black coal that is in the ground here that is burned in Australian power stations is going up in price because it is linked to the international price of black coal.

    " IBISWorld expects the domestic price of black coal to rise by 117.7% in 2021-22, to $234.68 per tonne. The domestic black coal price is a function of the domestic prices of metallurgical and thermal coal. With most coal mined in Australia destined for export markets, domestic prices are heavily influenced by global market conditions. Domestic prices of both metallurgical and thermal coal are expected to rise in 2021-22, due to a strong recovery in global demand. Supply constraints and global gas shortages are also expected to cause coal prices to rise in 2021-22. "

    https://www.ibisworld.com/au/bed/domestic-price-of-black-coal/25045/


 
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