Australia's largest stock trading and investment forum Australia's #1 stock forum

Why is coal so unreliable, page-5

First 5 Last

Share
Profile

Follow
Sailor FNQ

23,337 Posts.

20/04/22

16:17

Post #: 60940807
Share

Originally posted by moorookamick ↑

We have dcided to phase out coal fired Electricity Generation
with a gas transition to 100% renewables.

Whay should the owners invest more money in coal fired
generators. If I were to be a CEO of coal fired plants i would
direct that a minimum is spent on R&M and when its
dead , its dead & bugger the social obligation.....that's for the Government
to sort out.

We manufacture less, use more electricity which means that there is
more domestic electricity consumption & less industrial and to add
insult to our manufacturing demise, industry pays a higher tariff
than households!

IMO, the Governmnt should build the solar-wind & Hydro generators
& if they are cheaper to run , then flog them to private enterprise at
a profit & recoup the taxpayers funds with interest.Its called putting your environmental
money where your environmental mouth is.

Let's face it, if solar was cheaper than coal then the Chinese would not
have bought some of our coal fired generators but instead done a
sweetheart deal with the mother country is supplying the solar panels cheaply!

And there again, if solar were to be that cheap, then why is the
Government offering $3.5 k to bung them on the roof?

Expand

I guess the reason the Govt is offering $3.5k to bung 'em on the roof is so that the electrity companies can buy back the excess power for next to nothing.
My supplier sells me at 28c kwh and buys my excess at 7c kwh.
4 Upvote

Reply

Top Stories

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

ASE

Astute delivers high-grade lithium hits at Red Mountain

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Most investors will get this earnings season wrong. Will you?

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s