I was wondering if Lake Onslow proved to be suitable for pumped hydro who would own it and would it be a competitor to the existing electricity generators
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I was wondering if Lake Onslow proved to be suitable for pumped hydro who would own it and would it be a competitor to the existing electricity generators
Attachment 11861
and what happens if they get two dry years in a row , say next year and who knows even the year after..... how long before they cant generate from hydro at all.
That's is a good observation Peat....might get bull to piss at the lake.lol
That is why GNE is better option...as even dry or wet...GNE is able to produce electricity
some rain at the moment , be good for the best gentailer
Craigs put this one at the top on the 6th.
Sector preferences
Our new preference order is MCY, CEN, GNE, MEL, TPW.
This assumes a hard exit (Tiwai) with MCY the least affected in our view
Well bull...make sure u drink plenty of fluids during the dry season so u can top up the lake water level ... meanwhile...I am a happy chappy chap with 7% yield on GNE
good rain in karapiro recently , your rain wish is working
was listening to the conference call of meridian today , while they are very positive on the future one couldnt help but knowing MCY was the best of the breed at the moment
mercury might be heading for all time highs
dividend ex monday , only couple days left to get your juicy dividend from the blue chip of the power companies
holding up very nicely after dividend
"karapiro " lake levels have been down recently for several weeks prehaps waiting for the flow. Banks were meters low which was rather fortunate for some vet scullers who though they knew the lake only to be hit by westerlies coming out of no where. Nothing like whatching those in experienced wealthy masters being smashed up with modern carbon blades by westerly blasts and being forced to beach and walk it... Nothing like heavy wood to stabilise yourself in heavy weather..wood still used in europe of course on water ways.
Is this bad or just run of the mill for power companies
Doesn’t seem much but spose material
https://www.nzx.com/announcements/360293
Is anyone else on this call?
There is absolutely zero positivity from Vince or Prue... they are just reading from a script, almost like they don't want to be there.
it felt the same yesterday at Turners AGM webcast. But perhaps we shouldn't judge these people on their performance/acting skills...
Pretty sure I raised the issue of dry years back to back as a risk for MCY in the Power companies thread.... this isnt it exactly, but increases the possibility of it.