CWE 0.00% 4.2¢ carnegie wave energy limited

newbrownshoeYou quoted"If you own any shares in alternative...

  1. 1,232 Posts.
    newbrownshoe
    You quoted

    "If you own any shares in alternative energy companies I should start dumping them now"

    As far as I can see Carnegie is not an “alternative energy” company, it is a “Zero cost feed stock company”, (the energy they convert is the same as any other power companies end result). And this is what makes it so attractive as an investment. It’s some what like having free fuel for your car; you still have to buy the vehicle and maintain it, you still have to pay some contribution to the network. But the fuel is free. Not only that it is delivered free!

    Wind and Solar have the same deal and as data for the production of electricity from waves is collected, and analyzed over a period time CWE will be able match it with the information from the in situ series of “coastal wave buoys”, and accurately predict the amount of power that will be generated to feed into the grid during the coming swell events. These swell predictions are becoming increasingly accurate (a service that we can thank the surfing community for). This is highly attractive to energy companies as they try to match supply to demand when the wind won’t blow and the sun won’t shine.

    Diversification of supply creates a triangle that will enable wave solar and wind to become much easier to manage. A very reliable trinity when viewed together.

    Energy prices rise as demand does, simple economics dictates this. Energy companies may be able to hedge contracts, but the prices for fuel will still increase in the long term. CWE may well suffer from the same inflation factors for plant and equipment, but the fact remains that the “Wave energy” will remain free. Ask any surfer the waves are free and they don’t stop flowing when Iran or Iraq go to war, or when Somali pirates hijack the tankers. In fact one could predict that even though there may be short disruptions in the feedstock supply the waves will always return.

    As china and India start using more and more oil for vehicle fuel, petroleum based production, heating the demand will necessitate the use of “Zero cost feed stock companies” just to meet demand for the worlds power consumption.

    Your right “Regardless of your view, the wave is coming.”
    Again and again and again……..Power to the People!
 
watchlist Created with Sketch. Add CWE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.