"natural gas plants is the most natural substitute to coal fired...

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jwhiteman

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03/06/20

19:14

Post #: 45017507
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Originally posted by Homerun78: ↑

US LNG is indexed against Henry Hub which has nothing to do with Oil as in Brent or WTI with exception of associated gas. This was one of the main selling point for the success of first wave projects especially for Sabine and Freeport. It is still the main reason why Asian buyers look at US due it netback pricing competitive advantage and as a way to diversify from oil.

Again in the context of demand theres plenty of long term LNG power generation demand mushrooming globally as per indicated in my previous postings i have indicated markets like Korea, Thailand, Indonesia, India and Brazil. How would you know right because you relied your facts on the management and board of LNGL and they only had one thing on their minds which was CHINA. The problem is all of you had your horizon skewwed.

Reneweables can be cheaper than coal on a per unit basis provided government subsidises last forever and ever it being cheaper but on a larger scale than 100MW it has very poor reliability, scalability potential and low efficiency as compared to natural gas fired power plants that easily runs up between 1GW to 2GW. Renewables struggle to match up to natural gas as baseload continous generation plant therefore natural gas plants is the most natural substitute to coal fired power plant. Reneweables are only for peak load plants for certain hours in a day. Look at what happen to South Australia a few years back.when a huge storm hit the state then whole grid fell off for days due to advent use of renewables in South Australia. Even with batteries, the problem is scaling generation.up to 1GW.

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"natural gas plants is the most natural substitute to coal fired power plant. Reneweables are only for peak load plants for certain hours in a day. "

Yeah, nah.

https://reneweconomy.com.au/us-energy-giant-says-renewables-and-batteries-beat-coal-gas-and-nukes-78962/

Without subsidies.

LNG Price at posting: 4.3¢ Sentiment: None Disclosure: Held
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"natural gas plants is the most natural substitute to coal fired...

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