RE: Just for debate29 Jun 2024 08:28
Thought provoking that one.
My initial answer is no we need tidal.
However how did some get here as investors?
I got here via Uskmouth and then I have followed the emergence of tidal.
BESS has been a life saver and it will keep pushing the price up especially if the 2-4 hors is realised as this overnight can double the revenue and again boost the SP.
So if SAE in theory ditched tidal then it could work better or worse but OBS in the short to mid term it would boost the SP even more?
It all depends on the knowledge of the team for BESS.
Have they got what it takes to in theory...use other areas of land and solely plan, built and generate other BESS locations?
If the answer if a resounding yes, then the debate could have a very high % of reasons to ditch tidal.
From me this is an unbelievable statement when I feel strongly about the technology but at the moment I am looking at recouping my investment with a gain.
However I can also see a longer term vision where BESS is the foundation for the company in being the Tidal Stream leader for project managing tidal arrays.
There is also then the link between tidal to bess and more power generation.
It could become a conundrum
I am on the fence either way...