I have undertaken a lot of research around this. What you are saying is correct but will be a slow approach. Upgrading the grid is a critical component for transition to happen at a pace that will be fast enough to meet reduction targets.
What we need is a large amount of private investment into utility scale renewables. To unlock this private investment we need a stable market and a predictable floor to the wholesale price. Connecting all states with a high voltage DC grid and the creation of industrial hubs in regional areas will impove the feasibility of peak use industries and battery storage. This provides the above mentioned stability and price floor.
Without the grid most projects would need to use behind the meter production. Making energy a capital expense and not an operating cost.
For those who are or intend to be PLS Long Term Holders, page-51
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.88 |
Change
0.210(7.87%) |
Mkt cap ! $8.672B | |||
| Open | High | Low | Value | Volume |
| $2.76 | $2.88 | $2.74 | $151.4M | 53.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8000 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 377420 | 16 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |