The new man to join the team at Ift is James Shaw.
He will be in charge of driving the next generation of investment opportunities that support global decarbonisation.
What a talent to have on board.
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The new man to join the team at Ift is James Shaw.
He will be in charge of driving the next generation of investment opportunities that support global decarbonisation.
What a talent to have on board.
I think it is an astute move, although there will be some IFT shareholders who may now need need to shift their attitude towards James Shaw, the former co-leader of the Green Party. He also brings his experience of dealing with government red tape. Maybe he will form the Chamelon Party as his next gig when he leaves Morrison. All power to him as a green capitalist.
"Wind farms are deflationary and capital costs reduce over time
India is ahead of the trend, with solar and wind locked in at US$30 a megawatt hour"
https://stockhead.com.au/energy/turn...nots-at-times/
"Basically, with wind and solar you just have to build the infrastructure to capture the energy, and from there on out it’s freely available and capital costs fall over time – as opposed to ye olde fossil fuels where you have ongoing capital costs in exploration for new reserves and drilling wells."
Although Small Modular Reactor Nuclear Baseload Power is high on the agenda for Big Tech to deliver the AI Global Citizens, Corporates and Government demand.
Here in NZ our 100% non Nuclear Energy and 100% reliance on ESG Renewables may be an Achilles Heal for our domestic Power users.
El Nino; low hydro? No wind blowing? No solar storage systems? Big cold freezes through the 2024 winter??
Well there exists a very easy off the shelf solution to this, and Australia is doing it like crazy to load balance their grids. Battery farms.
Boggles my mind this hasn’t been done for Auckland yet. Problem is generators are incentivized to not provide solutions like this because it would eliminate peak demand price gouging that they absolutely love.
Would these SMR’s be classed similarly as a rigid base load with poor ramp times or do they address this issue?
Am curious on the elements needed to create the batteries... having followed the Vanadium / Copper / Nickel narrative for the last 3 years closely I look at our Green Party and Labour's "no new mines" mantra and wonder about the hypocrisy.
And will these batteries have the Capacity so store future domestic energy demand...
These grid batteries seem to only have capacity to run full throttle for 2-3 hours once fully charged. Useful for smoothing out demand and production over the day (maybe would have been useful last week?) or as fast response but pretty useless over any longer timeframe.