And yet the charts say that we are progressively moving away...

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    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 ? sneaky.png

    https://hotcopper.com.au/data/attachments/6296/6296294-bc4ab059750d6e54aaf27df7c7c0e36d.jpg
    https://opennem.org.au/energy/nem/?range=all&interval=1M&view=discrete-time
 
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