http://www.latrobevalleyexpress.com.au/story/1276798/diminishing-...

http://www.latrobevalleyexpress.com.au/story/1276798/diminishing-role-for-coal/?src=rss

"He said the BREE modelling contained a "Valley bombshell" particularly in its 2034-35 projections. "At present power generation in Victoria delivers 49,000 gigawatt hours a year to the east coast electricity market, 81 per cent of it coal-fired.

"By 2034-35 this will fall back to 40,000 GWh - but only 5000 GWh will be brown coal generation," Mr Orchison said."


For some reason the Aus Gov Bureau of Resources and Energy Economics have gone to the trouble of predicting the energy costs from DICE in Victoria from 2020 to 2050. Why would they do that? -

http://www.bree.gov.au/.../australian-energy-technology-assessment.doc

Table 4.5: Direct injection coal engine based on brown coal, LCOE, Victoria
LCOE ($/MWh) Year
Region – Victoria 2012 2020 2025 2030 2040 2050
With a Carbon Price n/a 129 143 157 184 200
Without a Carbon Price n/a 89 90 92 96 99

Why is this relevant to Mantle?

IMO anything that bolsters Exergen's case for ALDP funding and proving of CHTD treatment of BC is highly relevant to Mantle and their $1.4bill NPV Bacchus Marsh BC Export Project.

cheers
B Rubes