"Longer term there are some exciting technologies being developed to harness the brown coal in a way that emits little carbon and returns water to the system.
But that’s in the future. Getting the capital for gas power stations will not be difficult if governments set the rules for pricing as they have done for toll roads and do not allow regulators to change them when they feel like it. This has soured so much past infrastructure investment."
So the relevance to us is that our technology is being viewd as a long term solution for the future and is on important minds;
and that we would be one of the alternatives to the lack of push in the gas industry. Even if the gas industry wanted to monopolise they couldn't as there is limited allowance under the new environmental mandates.
About 2% of all power to the domestic grid (nationally) is currently renewable and if it is top bcome something like a 40/60 split, there is plenty of room for our type of technology, solar, wind, wave, geothermal, coalseam gas and other leaps and bounds in much younger technologies too.
Only a couple are capable of being delivered into existing infrastructure now, with minimal disruption to the industry and the infrastructure itself. We are one of them and hence the recent anouncements regarding the 50yr agreement with Vietnam and our demonstration plant plus the industrial leader Hatchs involvement in our refinement process.
Cheers,
L
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Open | High | Low | Value | Volume |
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23 | 27862532 | 0.001 |
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Price($) | Vol. | No. |
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