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Sugar prices spiked in the 1970s because of Soviet Union demand/hoarding and possible futures contracts market manipulation. The Soviet Union was the largest producer of sugar at the time. In 1974, Coca-Cola switched over to high-fructose corn syrup because of the elevated prices. [6] [7] [verification needed] Sugar prices 1962–2022
The levelized cost of electricity (LCOE) is a metric that attempts to compare the costs of different methods of electricity generation consistently. Though LCOE is often presented as the minimum constant price at which electricity must be sold to break even over the lifetime of the project, such a cost analysis requires assumptions about the value of various non-financial costs (environmental ...
In the form of anthracite, price per carbon contained, assuming 90% carbon content. There is a wide variation of price of carbon depending on its form. Lower ranks of coal can be less expensive, for example sub-bituminous coal can cost around US$0.038/kg carbon. [19] Graphite flakes can cost around US$0.9/kg carbon. [20]
According to a WVU study, in 2019, coal mining and coal-fired power plants directly employed 15, 400 people (roughly 13, 000 in mining and 2, 000 in plants) and indirectly supported the employment ...
The price of metallurgical coal is volatile [112] and much higher than the price of thermal coal because metallurgical coal must be lower in sulfur and requires more cleaning. [113] Coal futures contracts provide coal producers and the electric power industry an important tool for hedging and risk management .
The actual average generated power from coal in 2006 was 227.1 GW (1991 TWh per year), [14] the highest in the world and still slightly ahead of China (1950 TWh per year) at that time. [citation needed] In 2000, the US average production of electricity from coal was 224.3 GW (1966 TWh for the year). [14]
A coal-fired power station or coal power plant is a thermal power station which burns coal to generate electricity. Worldwide there are about 2,500 coal-fired power stations, [ 1 ] on average capable of generating a gigawatt each.
At the time, coal was selling for about a quarter of the price of natural gas ($1.5 versus $5.0 per million BTU); however, the ratio has since become much smaller (as of 2010, coal has tripled in price to $4.63/mil BTU while gas is still at $5.189). [4] [6] (Natural gas is used as an alternative to thermal coal in electricity production.)
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