POWER!!!! Fortescue Future Industries, page-4581

G'day jb,

Thanks heaps for providing the Holmanaset green hydrogen info.

Some of it seemed at first glance, seemed contradictory to everything I had read on the reasons for producing green hydrogen/ammonia in Norway i.e. cheap, readily available hydroelectricity. And yet you noted in Norway, higher electricity prices in than the rest of Europe had been a hot discussion point.

Then I realised, from Fortescue's point of view, the relevant cost comparison point was Australian electricity prices, not European. This has been manifestly apparent by recent scaling back of some aspects of green hydrogen production in Oz until renewable electricity prices reduce.

Anyway, thanks again, mate, ya got my brain cells jumping around!Wes