And coal is not exactly fertile ground for innovation, given that we'd like to stop burning coal entirely.
Matching the price of coal, with clean dispatchable power, is not such a bad outcome. There's a bit of wiggle room for extra complexity since coal pays 2 cents/kWh for fuel, and has to handle large amounts of incoming fuel and outgoing ash.
For a reliable zero-carbon grid of only wind/solar/battery, we need about 2X overproduction and 4 days of battery storage[1]. Maybe that still ends up the cheapest option, but it's not so obvious that a backup plan isn't worth considering.
[1] https://caseyhandmer.wordpress.com/2023/07/12/grid-storage-b...