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power prices surge
#4
China Light and Power company(Energy Aus) will be happy as will Chow Tai Fook Enterprises(Alinta).....Problem with Australia is we need overseas investment to upgrade the Electrical infrastructure which is why Mike Cannon Brookes says he can fix AGL(in the middle of a silly demerger), and make the dirtiest largest company in Aus cleaner/greener but the present board cant.
Brookfield bought my old employer Ausnet and recently Spark Infrastructure also went to a private equity company.....Government just approve everything because they dont want to pay for anything and these takeover companies are cashed up. Generation costs are up and coal and gas pricesĀ  up due to demand and also the Ukraine war.
Dont see prices coming down anytime soon and I'll be interested to see the Labor party's plan for more renewable' s being implemented...Id expect more demand for Solar panels controllers, batteries now and those prices to go up too..
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Messages In This Thread
power prices surge - by capcom - 05-26-2022, 09:36 AM
Re: power prices surge - by Mav - 05-26-2022, 09:50 AM
Re: power prices surge - by Thryleon - 05-26-2022, 10:49 AM
Re: power prices surge - by ElwoodBlues1 - 05-26-2022, 11:47 AM
Re: power prices surge - by LP - 05-26-2022, 10:28 PM

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