I believe solar panel prices have already bottomed and solar as a whole will not exceed 20% of total energy output anytime soon. As a comparison EU is only 18%, China and the US are 10% reliant on solar. Solar generation is a third the cost of Thermal generation. The problem with solar is storage and if China, EU and US have not been able to build solar storage on a large industrial scale then Australia will never be leading in this area.Wind and Hydro are too volatile and reliant on distance and will never be a large energy source for a vast country like Australia.
I think Government must support AGL, page-15
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Last
$11.06 |
Change
0.250(2.31%) |
Mkt cap ! $7.440B | |||
| Open | High | Low | Value | Volume |
| $11.17 | $11.40 | $10.95 | $81.69M | 7.338M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $11.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.07 | 12198 | 2 |
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| AGL (ASX) Chart |