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9,086 Posts.
8450
27/05/14
00:37
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Just putting my 2c in on the topic, not politics.
1. Too expensive, always were.
2. Solar price collapsed, left blueGen stranded.
3. Not green enough, still needs lots of gas and therefore carbon, plus higher gas prices in the future.
4. Needs lots of conections and maintenance, compared to solar.
5. Poor marketing by management in the past when it did have a chance, ie off-grid on LPG where a higher price could have been obtained.
6. Too slow to turn on and off, 18 hours to start up?
7. Never a chance to make economic sense to consumer, just too darn expensive by a factor of 10.
8. Company was relying on subsidies from government to makeit viable, very poor economic model. Comes back to being too expensive.
If you hold shares, sell before the inevitable, to get something back from your investment.
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