Perhaps, or it's a cynically honest appraisal our current energy policies.
Less coal, nuclear, and hydro = more demand for gas power.
More solar and wind = more demand for gas power.
Extreme electricity price inflation = more demand for gas heating.
Grid scale battery storage can ameliorate some of that demand increase - but their utility is measured in minutes, not hours.
Solar panels never work at night. Windmills don't work when the wind is too low.
Ann: Strike Secures Gas Engine Contract, page-30
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Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 22.0¢ | $662.4K | 2.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1619370 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 540792 | 8 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |