Read the geothermal economics carefully ...... do they think its a ‘perpetual motion’ money creator when its claimed that their (green) generated power can fetch a feedin tarriff price of 25.2c/kwh and they can buy green certificated power in to run the plant at 18.2c/kwh. And 15c for the Li plant. PFS page 10.
Does not add up, esp when Germany govt says they are aiming for 100% green/renewable electricity...
the pricing is either not sustainable, or there is some sort of huge subsidity by govt that will have lid lifted on by free trade operatives.
Ann: PFS Presentation, page-79
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