PLS 1.64% $3.00 pilbara minerals limited

No room for coal in Australia

  1. 176 Posts.
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    Interesting takes from an economist and a energy company chief:

    http://www.abc.net.au/news/2017-02-13/ian-verrender-the-simple-truth-on-renewable-energy/8264296

    http://www.abc.net.au/news/2017-02-16/coal-power-generator-says-new-plants-not-viable/8277210

    I like this bit:

    "But energy storage, particularly batteries, is the game changer that could rectify that shortcoming.
    Just as the cost of solar panels has plummeted in recent years, as production technology has improved and the huge demand from households and business has improved economies of scale, the same can be expected from energy storage technology systems."
 
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