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There's some context about the gas field at the centre of the protest on Wikipedia here: https://en.wikipedia.org/wiki/Scarborough_gas_field https://en.wikipedi
by jka 5y ago
There's some context about the gas field at the centre of the protest on Wikipedia here: https://en.wikipedia.org/wiki/Scarborough_gas_field https://en.wikipedia.org/wiki/Scarborough_gas_field
I'd be curious what the price paid by the energy company to obtain 75% of the retention lease was, and how that would compare to putting the same funding into renewable energy generation (to determine the relative return-on-investment).
ARENA[1] puts the levelized cost of energy for solar at approximately $100 per MWh (AUD, I think), given a discount rate somewhere around 8-9%.
[1] - https://arena.gov.au/assets/2018/12/large-scale-solar-program-a-look-at-levelised-cost-of-energy.pdf https://arena.gov.au/assets/2018/12/large-scale-solar-progra...