CEL 3.70% 5.6¢ challenger gold limited

shale gas on track for south africa, page-12

  1. 307 Posts.
    Looks like the new Integrated Resources Plan is suggesting to abandon nuclear energy and go to shale gas. this is huge for CEL.

    Under the original IRP, coal was expected to account for 15% of all new electricity generation, imported gas 6%, hydropower 6%, gas turbines 14% and nuclear 23%, with the balance made up by renewables.

    But the revised IRP sees a larger role for gas...

    http://mg.co.za/article/2013-12-06-00-new-reality-alters-energy-plans
 
watchlist Created with Sketch. Add CEL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.