Anyway reading the Climate spectator article and the power plays of the established big boy generators, it appears that the wind power projects are likely to be sidelined in favor of gas standby power units that can be switched on and off as required, plug any short time demand peaks.
Xstrata for example went for a gas electricity for their future development, thus torpedoing very exciting alternative energy network projects in Queensland.
The solar is currently in doll drums due to over generous government subsidies and resulting oversupply of renewable energy certificates. So in the near term the solar and wind projects will not be too much in demand IMO. And it just happens that most of CBD business is in these two fields. While CBD is involved in the job in Italy, domestically the market is very quiet IMO.
So the boom has been deferred as far as I can see.
CBD Price at posting:
7.8¢ Sentiment: Hold Disclosure: Held
