Australia's largest stock trading and investment forum Australia's #1 stock forum

Did renewables make power Cheaper, page-223

First 223 Last

Share
Profile

Follow
Trees

43,594 Posts.

91

31/05/22

09:28

Post #: 61719043
Share

Originally posted by acorn ↑

Still don't really see you point.

International black coal prices up. Local black coal prices up. NSW and Qld power prices up.

Black coal prices have spiked because Russia’s invasion of Ukraine created a global energy crunch and increased demand for coal.

" The wholesale price for the first quarter in Victoria was just $57 a megawatt hour. The state relies on brown coal, which unlike black coal is not influenced by the global market because it’s not exported. "

disallowed/politics/federal/coal-price-spike-shows-how-renewables-short-circuit-campaign-climate-wars-20220429-p5ah62.html

Expand

Okay coal prices are contracted for a % of power stations requirements

So the price rise it not just to due to external forces (eg coal prices).
Upvote

Reply

There are more pages in this discussion • 1 more message in this thread...

First 223 Last