And yet the charts say that we are progressively moving away from fossil fuel generation.
ln an investment forum where charting is a really important tool .
Nearly every grid around the world is demonstrating this trend. Regardless of the generation mix.
Not relying on single cherry picked moments .
Does anyone buy an investment on a single price sample ?
Or do they look at the trend ?
The trend that shows them the direction of the market .
Fossil fuel used to be 90% of the market . Now it's down to 60%. Government policy says it will be down to around 20% in 6 years . What does the chart say ?
https://opennem.org.au/energy/nem/?range=all&interval=1M&view=discrete-time