BPT 0.80% $1.26 beach energy limited

Ann: Strategic Review Outcomes Presentation, page-50

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    Boral could be a Beach customer for new Gas Power Plant that is being looked at.


    From AFR on 9 OCT 2023:

    Industry hit by faltering energy transition

    The stuttering energy transition is forcing big industrial companies like Boral to temporarily shut down cement production to avoid peak electricity prices, putting at risk the nation’s build-out of housing and infrastructure stock.

    Boral CEO Vik Bansal said he was “extremely nervous” government plans to build housing, hospitals and even infrastructure for the Brisbane Olympic Games were vulnerable to an energy market that was at times incentivising the nation’s biggest cement maker to down tools.

    ————-

    But Opposition energy spokesman Ted O’Brien described the 82 per cent target as “lunacy”, saying Australia should be targeting an optimum level of renewables, rather than just adding as much as possible.
 
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