New price surge coming – E-Control: Hard coal electricity is also expensive

“One would have to subsidize hard coal”
At a gas price of 100 euros per megawatt hour (MWh) of gas, the electricity generated would cost 230 euros per MWh. With a coal price of around 305 euros and a CO2 price of 80 euros per tonne, coal electricity costs around 180 euros per MWh of electricity. After the gas-fired power plants, which currently determine electricity prices, the next step would be the hard coal-fired power plants, explained Mayer. “If you wanted really low prices, you would also have to subsidize hard coal.” But that would be very large amounts that would have to be supported with taxpayers’ money in Europe. The last price increases in the gas sector have meant that it is now closer to 270 euros.

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