the last thing the government should be doing is funding renewables... particularly solar. Proof is there already that renewables are more profitable to operate - they don't need incentives - just less hurdles.... and storage... lots and lots of storage (cheap debt funding of storage may help accelerate things - AGL could benefit from this with Liddell and Torrens Point both having plans in motion for onsite BESS near term)
what the government SHOULD be doing is expediting development processes, planning transmission infrastructure to enable bigger and more diverse install locations - so the hurdles to connection, curtailment and marginal loss factors are minimized.
The recent progress is offshore wind is a good example of movement in the right direction - perhaps the federal government also passing the eye over what snowy hydro (being federally owned) is doing and when they participate in the market to help have their impact actually reduce spot prices... they were one of the highest cost bidders recently.
- Forums
- ASX - By Stock
- Ann: Webcast & conference call details for FY22 full-year results
the last thing the government should be doing is funding...
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$11.98 |
Change
-0.110(0.91%) |
Mkt cap ! $8.059B |
Open | High | Low | Value | Volume |
$12.10 | $12.10 | $11.88 | $20.53M | 1.716M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 191 | $11.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.98 | 13553 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5700 | 11.930 |
1 | 500 | 11.920 |
1 | 612 | 11.910 |
2 | 3200 | 11.900 |
2 | 3250 | 11.890 |
Price($) | Vol. | No. |
---|---|---|
12.000 | 16003 | 9 |
12.010 | 3166 | 3 |
12.050 | 7150 | 2 |
12.060 | 118 | 1 |
12.100 | 7083 | 4 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
AGL (ASX) Chart |