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re: New Biden Coal Rules ‘The End of Coal as a Power Source’

Posted on 4/29/24 at 8:17 pm to
Posted by billjamin
Houston
Member since Jun 2019
13551 posts
Posted on 4/29/24 at 8:17 pm to
quote:

Clearly you cannot explain it. Like I said last night, I’ve forgotten more than you will ever know.

You need me to explain the formula for $/MWh?

Guess you have forgotten a lot.
Posted by TigersnJeeps
FL Panhandle
Member since Jan 2021
1887 posts
Posted on 4/29/24 at 8:30 pm to
Too bad this administration won't let coal fade away organically - if indeed it would as you describe...
Posted by Deplorableinohio
Member since Dec 2018
5652 posts
Posted on 4/30/24 at 10:36 am to
I don’t believe you are an engineer or MBA finance guy.

It’s not $/MWH. The point is efficient capital allocation. Every investment should earn a rate of return. So if capital is used to build solar and wind energy that produces on average 23-30% of its rated capacity, then capital also needs to be used to build baseload units to meet demand for electricity.

The wind doesn’t always blow and the sun doesn’t always shine.

Unless you can explain how this is a good outcome, I’m done corresponding with you over TD PT.
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