Diesel vs LNG – both high cost options for dry year cover
Today 12:15pm
Image: Depositphotos
By Pattrick Smellie
ANALYSIS: While last week’s Sapere report – looking at the Government’s proposed LNG terminal for electricity ‘dry year’ cover – says diesel would be better in the short-term, opting for diesel would lead to higher more volatile electricity spot prices in the next few years.
That's exactly the outcome the Government is trying to avoid.
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