IIRC it’s still a bit cheaper than gas, but pretty close.
If exchange rates come into play it can of course get a lot more stark. Like, North Korea probably burns coal in anything humanly possible. They don’t have domestic oil, and forex to buy things is precious to them.
Just think about how hard the current energy crisis would hit us if we still would produce hundred percent of our electricity with fossil fuels.
Just think about Iran being able to deal with protests, without the oil money funding the government. It is also not just Iran.
Coal enters the chat.
It’s dirty but it’s cheap. So if price and supply are the main worries, coal would be an excellent option.
Mining costs are not cheap. In Poland real price of coal is 300eur /MWh. Only coal, but we need to burn it in power plant…
IIRC it’s still a bit cheaper than gas, but pretty close.
If exchange rates come into play it can of course get a lot more stark. Like, North Korea probably burns coal in anything humanly possible. They don’t have domestic oil, and forex to buy things is precious to them.