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Environment Victoria’s Mark Wakeham said Exergen's bid should be rejected. "Exergen has been spruiking this project for years; there’s been nothing to stop them from doing an agreement with someone commercial to get their project off the ground," Mr Wakeman said. "If they’ve got this product which they think is fantastic, then why aren’t they commercially developing it privately already? This would suggest it is economically unviable." Hamilton acknowledged that Loy Yang Power would have sufficient reserves but that negotiations on that front had stalled. “We’ve been in discussions on and off with Loy Yang, but haven’t been able to find a way to move forward; that doesn’t close the door as things progress,” he said.[6]

http://www.sourcewatch.org/index.php/Exergen