Myanmar, not a first world country, announced this week it would build a new technology coal power station to be completed by 2023. If they can do it............................
And that is another thing, utilities such as power should be controlled by government not private sector. Do you know why AGL are closing the Liddell power station? So that there is no reserve base load power. This means they can put up the coast of electricity from their remaining coal base load power generators due to the supply/demand model. We are being deliberately screwed!
Myanmar, not a first world country, announced this week it would...
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| AEE (ASX) Chart |