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If you invest in a aluminium smelter you will want to run it 24/7, not just when there's cheap power. Also Australia enjoys the most expensive power in the worl
by keanzu 7y ago
If you invest in a aluminium smelter you will want to run it 24/7, not just when there's cheap power. Also Australia enjoys the most expensive power in the world because of grid costs.
- Xylakant 7y agoModern aluminum plants can operate in a fairly wide band around "expected power" and are often used in a load shedding/load taking capacity to use excess capacity or make up for lack of capacity. They get cheaper electricity prices to pay for that grid stabilization service. It seems that at least some of australias smelters haven't caught up with that development yet: https://www.theguardian.com/commentisfree/2019/oct/31/australias-aluminium-sector-is-on-life-support-it-can-and-should-be-saved https://www.theguardian.com/commentisfree/2019/oct/31/austra...