And so to the second question
– how are we assessing investment proposals? Recently I was advised that a proposal to install solar generation to replace existing power just didn’t stack up economically, and the question posed was how will renewable energies ever replace current technologies for power generation when they aren’t economical? My initial response was that the business model we are using to assess these proposals needs to be questioned. The two alternatives were assessed as if the outcomes were considered identical (i.e. a certain number of kilowatt hours of power generated for a certain cost). However the outcomes aren’t the same. Power acquired …