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

POW

Click for more information

0.00%

0.8¢ protean energy limited

Ann: Commencement of Final Phase of Pre-Commercial Testing-POW.AX, page-10

First 10 Last

Share
Profile

Follow
bugle call

473 Posts.

4

27/10/16

18:04

Post #: 20176706
Share

Originally posted by bugle call ↑

I had read they were disappointed in the solar PV output in trials, and couldn't see how it could viably replace diesel. That was also when battery storage was not getting much attention and early days in technical innovation.

Now there are a large range of batteries of all different types - lithium-ion, zinc-bromide flow, even saltwater that are entering the market, so that all puts a different emphasis on electric power if it can be cost effectively distributed - by renewable means wherever possible.

Maldives committed in 2010 to carbon neutrality by 2020 (a bit of stretch now obviously) and so it's a problem they cant ignore.

The reliance on diesel is also an impediment to future growth and development quite apart from the environmental toll, so they shouldn't discount it.

Plus one successful trial in power replacement on one atoll, and you might well get a domino effect.

Add to that, electrification of the small to medium size boating market is also gaining more interest, so you are going to need remote power sources from somewhere, and you overcome your diesel problems at the same time.

Expand

Here is a report albeit from 2011.

POW Price at posting: 1.1¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

LBT

AstraZeneca orders 4 more microbiological scanners from Clever Culture Systems for $3M

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

HMC

HMC Capital snatches French Neoen's VIC-based renewables assets for $950M

There are more pages in this discussion • 2 more messages in this thread...

First 10 Last

Add POW (ASX) to my watchlist