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Re:Day ahead electricity prices for EU by dazc on Saturday August 27, 2022 @10:01AM (#32619122)
We generate a lot of this electricity by burning gas which we have to buy from the market where prices are set relative to global supply and demand.

This is why we originally stopped mining coal - because Russian gas was so cheap at the time that it was a no-brainer.

What could possibly go wrong?

Re:Day ahead electricity prices for EU by tsimionescu on Saturday August 27, 2022 @01:36PM (#32621243)
Coal has so many disadvantages beyond simple price that it's not even funny. It is by far the most deadly energy generation method.
Re:Day ahead electricity prices for EU by dazc on Sunday August 28, 2022 @06:14AM (#32627167)
This may be true but until there is a suitable alternative most of the developed world will continue to use it.

Europe is now at a critical point where choosing not to burn coal is going to have a high economic cost that many people are not going to be able or willing to pay.

Re:Day ahead electricity prices for EU by origin_path on Saturday August 27, 2022 @12:45PM (#32620792)
UK stopped mining coal mostly in the 1980s when Russia was still the Soviet Union. The cause was not Russian gas which isn't a direct substitute for coal anyway and especially not back then, but rather that the NUM destroyed the domestic coal industry, which became totally uncompetitive relative to more or less any foreign producers. It wasn't Russia specifically, it was that UK mining became dysfunctional and unreliable.
Re:Day ahead electricity prices for EU by ClumsyPilot on Saturday August 27, 2022 @01:31PM (#32621202)
is it fair to call it disfunctional? Are you expecting to compete on price with countries where workers have no rights, no health and safety and live a dog's life?
Re:Day ahead electricity prices for EU by trasz on Saturday August 27, 2022 @01:57PM (#32621454)
Those stereotypes about Australia are mostly unfounded nowadays.
Re:Day ahead electricity prices for EU by synotna2 on Sunday August 28, 2022 @08:02AM (#32627721)
> but rather that the NUM destroyed the domestic coal industry, which became totally uncompetitive relative to more or less any foreign producers. It wasn't Russia specifically, it was that UK mining became dysfunctional and unreliable.

If you think miners should not be fairly compensated for their work you're free to go work as one for one of those foreign producers that less "dysfunctional" and more "reliable"

Re:Day ahead electricity prices for EU by dazc on Sunday August 28, 2022 @06:17AM (#32627172)
Perhaps I'm mis-remembering but I was certain that the abundance of cheap gas was one of the main arguments for closing down a lot of mines that were considered to uneconomical as a result.

Maybe we were also importing cheaper coal from elsewhere?