"It is likely that renewables plus pumped hydro and battery technologies will be at the heart of our future electricity system. The government’s proposal, if well calibrated, could help to facilitate a transition to this system of the future."
"As the Prime Minister points out, pumped hydro storage (including Snowy 2.0) is highly effective and cost competitive. Pumped hydro can be built fast enough to stabilise any amount of solar and wind at lower overall cost than any fossil fuel alternative."
GNX Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held