Ah, very good different point, Ash. You're right, but it might be more marginal than you think cause there's been lots of incremental gains in wind power efficiency, and GE may have a step change but that great 63% capacity does require offshore wind, something our deep waters make too expensive (or to much of an eyesore where it is shallow). Even on land it may be that the better wind locations are taken up by incumbents, so maybe Halide X would make less attractive sites attractive, and only marginal cost savings, and less writedowns for incumbents. Maybe a Halide X might make a strategic site feasible for IFN as it no doubt tries more and more to be a baseload generator capturing higher prices.
Now if you'll excuse me, I'm about to add 20% to my IFN holding thanks to Brookfield's share dump.
IFN Price at posting:
68.8¢ Sentiment: Hold Disclosure: Held
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