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clock Created with Sketch. 11/04/24
17:00
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Originally posted by CWEFrustrated:
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I commend your efforts Prap, but I encourage you to not waste your energy on arguing with irrational / emotional participants in this chat. His views are subjective, not fact. The company has supporters who are prepared to objectively make their own minds up about risk and reward – yes the technology has taken time and money to develop and will continue to do so, but wave energy wouldn’t even register on a chart measuring the years and capital invested into other renewables, let alone fossil fuels, and the European Commission is forecasting 1GW of installed wave energy by 2030 and the US is increasing its investment in the sector too. CCE wisely don’t publish specific design details on their devices / products – competition is fierce, they are ranked #1 in the world (by actual independent experts against criteria such as LCOE, power generation and survivability) and there are multiple examples of companies in Europe and the US that have based their designs on CETO. The Board members who rescued the wave energy tech out from the wreckage of the solar / battery mess continue to be the largest shareholders, not sure why they are being criticised or what more they could do. I think the momentum is good for both CETO and MoorePower. Good luck to all holders.
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Thanks CWEF, you are right I will ignore him, he is just on the thread to annoy, armchair critics with subjective opinions are a dime a dozen as you know.
