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Those old coal fired power stations don't take into account the...

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rememdium

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19/07/18

07:05

Post #: 34436838
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Originally posted by pints ↑

and from that report"

"Investments in wind and other subsidised electricity generation, according to the renewable energy lobby group the Clean Energy Council, has been $18.5 billion. By contrast, the market value of comparable generating capacity in Macquarie Generation coal plants is said to be only $2 billion and a brand-new brown coal plant of 3300 megawatt capacity would cost less than $10 billion. Those facilities supply energy at one-third of the cost possible with renewables"

'nough said !

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Those old coal fired power stations don't take into account the cost of the build. Any new builds will include the cost on top which will push the price out.
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