You are technically correct, with emphasis on 'lesser'. Norway and Sweden use about 1% fossil fuel for the grid, which I see that as insignificant.
(Nuclear: kärnkraft; Vattenkraft: hydro; Vindkraft: wind; Kraftvärme: biofuels, the 1% is somewhere in this category, but it's getting phased out)
While that part of Europe is doing well, many Eu countries certainly have a lot of catching up to do:
I'm very comfortable with the idea up more nuclear, but hopefully something new comes up to replace them all. But at least from a Scandinavian perspective (yeah I know, smaller populations), studies have shown the grid can keep up with electrification of cars - total adoption in Swe would use 13 TWhs extra, or slightly less than current windpower generation (which is rapidly growing):
But yes, I'm not kidding myself, there are certainly challenges ahead. I'm just trying to be optimistic, both in terms of having a bit cleaner air and an increased demand for LYC products. I can't wait for Q1, which I think will be quite strong (far from full potential, but an inkling of it).
- Forums
- ASX - By Stock
- EV news
You are technically correct, with emphasis on 'lesser'. Norway...
- There are more pages in this discussion • 1,873 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 LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.51 |
Change
-0.050(0.76%) |
Mkt cap ! $6.085B |
Open | High | Low | Value | Volume |
$6.60 | $6.61 | $6.49 | $13.64M | 2.089M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 40310 | $6.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.52 | 711 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 40310 | 6.480 |
6 | 48075 | 6.470 |
3 | 24132 | 6.460 |
4 | 14423 | 6.450 |
3 | 15000 | 6.420 |
Price($) | Vol. | No. |
---|---|---|
6.520 | 711 | 2 |
6.530 | 36777 | 6 |
6.540 | 24497 | 6 |
6.550 | 16310 | 2 |
6.560 | 12310 | 2 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
Last
$6.51 |
  |
Change
-0.050 ( 0.64 %) |
|||
Open | High | Low | Volume | ||
$6.60 | $6.61 | $6.49 | 583098 | ||
Last updated 15.59pm 06/05/2024 ? |
Featured News
LYC (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Steven Gourlay, CEO
Steven Gourlay
CEO
Previous Video
Next Video
SPONSORED BY The Market Online