Me again...Here's an interesting snippet from Doorstop Interview with Angus Taylor on 19th May 21 - Kurri Kurri, New South Wales (my highlighting and underlining).
https://www.minister.industry.gov.au/ministers/taylor/transcripts/doorstop-kurri-kurri-new-south-wales
JOURNALIST: This plant is going to run on diesel initially because there's no gas supply to it. Why isn't there a gas supply?
ANGUS TAYLOR: Well there will be gas supply for the first summer that counts in 2023, but I'll let Paul respond to that.
PAUL BROAD: Yeah. Thank you very much, Minister. Look, this plant will be ready to go when Liddell closes. The lateral, which supplies gas, takes a bit longer for the EIS process to be sorted because it goes around and close to houses, and we've got to go through that process. We're looking to fast-track that and, with what we've put in the marketplace is quite conservative. Our aim is to only ever use diesel as the ultimate backup. Our aim is to run this plant on gas. As more gas comes available, hopefully from Narrabri or elsewhere, the more we will use this plant, and the more and more aggressively we'll push it. If I can just support what the Minister's saying. You can't keep the lights on after dark if the sun goes down. You can't, without massive amounts of firming capacity. If a plant closes, it gets old, you've got to build new ones. You've got to take long lead times. These things can't be turned on, on a dime. You need to take long lead times and do it. This is about investing in the future for our kids. We'll keep the lights on because that's what we do. In the last week, as the Minister says, it's been an absolute dress rehearsal and 2023 is not even here yet.
JOURNALIST: Mr Broad, where's the gas coming from? Is it dependent on the Queensland to Hunter gas pipeline?
PAUL BROAD: No. No. It'll come out of the Sydney-Newcastle pipeline, and once we have is quite a long lateral which turns into storage, and we'll suck it out in the low gas demand time, particularly summer, so our lats will be full, topping it up as we go.
- Forums
- ASX - By Stock
- BPH
- BPH - news, views, and questions
BPH - news, views, and questions, page-35
-
- There are more pages in this discussion • 4,628 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 BPH (ASX) to my watchlist
|
|||||
Last
2.0¢ |
Change
0.001(5.26%) |
Mkt cap ! $24.10M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 2.0¢ | $49 | 2.459K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 742745 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 5692976 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 684745 | 0.019 |
35 | 6971452 | 0.018 |
16 | 3481028 | 0.017 |
19 | 3505833 | 0.016 |
6 | 2383299 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 5257976 | 13 |
0.021 | 2447000 | 8 |
0.022 | 1656183 | 7 |
0.023 | 2398582 | 8 |
0.024 | 2146732 | 6 |
Last trade - 10.00am 30/08/2024 (20 minute delay) ? |
Featured News
BPH (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online