Think tank says hidden costs erode appeal of cheap coal power
by Ram Christian S. Agustin | April 10, 2022 | Published by Business World | READ THE STORY HERE THE low-cost argument for using coal-fired power does not consider hidden costs as well as price volatility in times of crisis, such as the present time, the Institute for Climate and Sustainable Cities (ICSC) said. In an e-mail interview, ICSC Executive Director Renato Redentor Constantino said the “coal-is-cheapest” argument is undermined by the higher-than-expected cost of coal-fired power generation and the power industry’s ability to pass on the cost of more expensive coal to the end user. “A quick look [...]