CTP central petroleum limited
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Gas fired recovery, page-14

  1. Ashentegra
    6,014 Posts.
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    03/09/20
    17:19
    Post #: 47066414
    I appreciate me posting material like this here makes me deeply unpopular.

    CTP holders need to seriously consider whether there will be a market for gas, particularly in light of the major cost reductions in batteries.

    https://reneweconomy.com.au/big-battery-costs-have-reached-a-tipping-point-and-gas-is-struggling-to-compete-58900/

    The addition of batteries to the East Australian grid on this scale change the equation entirely for gas peaker generators. They become a very niche product indeed.

    My best wishes to all holders.

    Ash



    CTP Price at posting: 12.0¢ Sentiment: None Disclosure: Not Held
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