FairenoughGeelongItendtolookattrendsfromaworldperspectiveasAustraliaisjustaverysmallcog,howevereveninAustraliapowerfromrenewableresourcesinontheincreaseannuallywithSouthAustraliaandTasmanialeadingthechargeandonewouldexpectthattrendtocontinue...I'mfromovertheditchwhereover80%ofourpowerisfromrenewableresources.Hi Whisky
Theyhadapoleoverhererecentlyinwhich75%oftherespondentssaidtheywillbeconsideringanEVastheirnextvehicle,polesdon'talwaysconvertintofactsbuttheawarenessisoutthereandwhentheeconomicsmakesensetherewillbechange...RangeandcostissuesarebothwithinayearortwoofmakingsenseIMOandwillcontinuetobecomeevenmorecompellinggoingforward...DespitebeingafanofFARIwouldlovetoseetheuseofOilforenergyandtransportdecline.
WithregardstonuclearenergyIthinkthedroneattacksinSAareanotherreminderofthepotentialdownsidetothatformofenergy,efficientasitis,butAustraliahasthelandandtheclearskiestotakeadvantageoftheworldsbiggestsupplyofnuclearpoweredenergyandit'sgoodtoseetheyarebeginningto..
AnywaybacktoFARandtheslowgrindtoproduction,atleastthisdiscussionhelpsgetusthroughwhilewewait..nothingnewinthethepresentationbutwedoknowwearegettingveryclosetoanumberofimportantissuesbeingresolved....
CheersWhisky
What is the make up of your power. 80% doesn't really seem achievable here as to get where we have now has required massive Govt subsidies.
Is your renewable Hydro or if not what else?
Ann: Investor Presentation - RIU Good Oil Conference, page-94
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