Gold Member BOHICA Posted September 12, 2022 Gold Member Share Posted September 12, 2022 Should make for cheap electricity for those that rely on coal for generation. https://markets.businessinsider.com/news/commodities/coal-prices-record-high-global-energy-crisis-russia-ukraine-economy-2022-9?amp Quote Link to comment Share on other sites More sharing options...
toslow Posted September 12, 2022 Share Posted September 12, 2022 And China Quote Link to comment Share on other sites More sharing options...
toslow Posted September 12, 2022 Share Posted September 12, 2022 30 minutes ago, BOHICA said: Should make for cheap electricity for those that rely on coal for generation. https://markets.businessinsider.com/news/commodities/coal-prices-record-high-global-energy-crisis-russia-ukraine-economy-2022-9?amp Gotta charge all those EV’s somehow 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted September 12, 2022 Platinum Contributing Member Share Posted September 12, 2022 Record high prices on everything else already, why not coal? 1 Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted September 12, 2022 Author Gold Member Share Posted September 12, 2022 12 minutes ago, Skidooski said: Record high prices on everything else already, why not coal? Cause it’s not all that cheap to generate electricity with it at its current price. Cheap form of generation it is not anymore. Quote Link to comment Share on other sites More sharing options...
Anler Posted September 12, 2022 Share Posted September 12, 2022 New Biden campaign slogan "Biden 2024 Rolling Smoke!" 2 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted September 12, 2022 Platinum Contributing Member Share Posted September 12, 2022 32 minutes ago, BOHICA said: Cause it’s not all that cheap to generate electricity with it at its current price. Cheap form of generation it is not anymore. wooosh Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted September 12, 2022 Platinum Contributing Member Share Posted September 12, 2022 19 minutes ago, BOHICA said: Cause it’s not all that cheap to generate electricity with it at its current price. Cheap form of generation it is not anymore. Of course it will be more expensive with supply going down because of the move to other forms of energy and less coal being produced because of it. There will be a lag between still high demand but production ramping down for future needs. https://www.eia.gov/coal/annual/ Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted September 12, 2022 Author Gold Member Share Posted September 12, 2022 10 minutes ago, Highmark said: Of course it will be more expensive with supply going down because of the move to other forms of energy and less coal being produced because of it. There will be a lag between still high demand but production ramping down for future needs. https://www.eia.gov/coal/annual/ Just an expensive form of generation. Definetly not cheap. Fossil fuel prices appear to be why every bodies electricity prices are exploding Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted September 12, 2022 Platinum Contributing Member Share Posted September 12, 2022 15 minutes ago, BOHICA said: Just an expensive form of generation. Definetly not cheap. Fossil fuel prices appear to be why every bodies electricity prices are exploding Current prices also reflect the future and the future indicates less supply as investment moves to other forms of energy. Coal could be a competitive fuel source but in a time where the demand for it is till high but the future supply dropping dramatically will make for record highs. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted September 12, 2022 Author Gold Member Share Posted September 12, 2022 1 hour ago, Highmark said: Current prices also reflect the future and the future indicates less supply as investment moves to other forms of energy. Coal could be a competitive fuel source but in a time where the demand for it is till high but the future supply dropping dramatically will make for record highs. As it stands coal is no longer competitive. And it will not be. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted September 12, 2022 Platinum Contributing Member Share Posted September 12, 2022 19 minutes ago, BOHICA said: As it stands coal is no longer competitive. And it will not be. Agreed....they won't let it be. 1 Quote Link to comment Share on other sites More sharing options...
Jerry 976 Posted September 12, 2022 Share Posted September 12, 2022 18 hours ago, toslow said: Gotta charge all those EV’s somehow 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted September 13, 2022 Share Posted September 13, 2022 11 hours ago, Highmark said: Agreed....they won't let it be. Not when there’s far better alternatives. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted September 13, 2022 Share Posted September 13, 2022 11 hours ago, BOHICA said: As it stands coal is no longer competitive. And it will not be. There’s people on this site that want to shovel coal into their basement furnace. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted September 13, 2022 Platinum Contributing Member Share Posted September 13, 2022 10 hours ago, spin_dry said: Not when there’s far better alternatives. Every available source should be utilized....especially in some parts of the world to let their economies grow. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted September 13, 2022 Share Posted September 13, 2022 16 minutes ago, Highmark said: Every available source should be utilized....especially in some parts of the world to let their economies grow. Every option is being utilized right now. You can relax. Coal is going no where. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted September 13, 2022 Platinum Contributing Member Share Posted September 13, 2022 6 minutes ago, spin_dry said: Every option is being utilized right now. You can relax. Coal is going no where. What gives you the idea I'm not. Quote Link to comment Share on other sites More sharing options...
hayward Posted September 13, 2022 Share Posted September 13, 2022 A year ago almost to this day, I hauled a load for the neighbor here who is 84 years old and still relies solely on coal for his hot water and overall heat for his old farm house. It was $190 then, and $170 the year before. He called the other day about a price and she told him $435/ton picked up right at the breaker in the mine. Claims it's all going to the dock at the port and being loaded and shipped overseas. Don't really even want to sell any to locals as of right now. How can that pay? If it's too expensive for a local to buy it at 435/ton and heat what they need to heat, what's it cost till it gets hauled overseas and what they have to pay? If it's not a cost effective heat source, then what's it all about using any of it in the first place? Quote Link to comment Share on other sites More sharing options...
racer254 Posted September 13, 2022 Share Posted September 13, 2022 23 hours ago, Highmark said: Agreed....they won't let it be. Affordable energy is what drives the middle class of America. Somehow the elites of this world have convinced the middle class liberals to ignore that fact due to climate change. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted September 13, 2022 Platinum Contributing Member Share Posted September 13, 2022 1 hour ago, racer254 said: Affordable energy is what drives the middle class of America. Somehow the elites of this world have convinced the middle class liberals to ignore that fact due to climate change. Not just middle America but its what takes 3rd world countries out of the extreme poverty. China and India aren't clawing their way out using solar and wind. Quote Link to comment Share on other sites More sharing options...
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