[HN Gopher] The $23BN Plan to Power Singapore from Australia
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       The $23BN Plan to Power Singapore from Australia
        
       Author : hindsightbias
       Score  : 6 points
       Date   : 2021-06-02 21:58 UTC (1 hours ago)
        
 (HTM) web link (www.youtube.com)
 (TXT) w3m dump (www.youtube.com)
        
       | ggm wrote:
       | The plan has obstacles.
       | 
       | Finance is highly conditional on the sale of the power, but the
       | power can't be sold until the project is complete for the long-
       | haul subsea HVDC cable. So the capital works have to be done to
       | completion before any income (not entirely unusual, but it stands
       | out there is little phased income in this project as-is)
       | 
       | It has to compete with other plans to use PV to run H2 production
       | and sell the gas to other markets displacing gas and oil.
       | Possibly this could be a revenue stream while the cable is being
       | built, but it begs a question of "why build the cable" -And its
       | other capital funding this alternate build. It might "cruel" the
       | market for this project
       | 
       | The cable has to go past several economies which would want a tap
       | but who also extract ground-rent for subsea work. Indonesia is
       | notoriously difficult about cable maintenance. So, there is
       | potential for revenue to ID markets for electricity and at a
       | significant discount of cable cost because it's so much closer:
       | begs another question: why send the power to SG, when you can
       | sell it to ID?
        
         | Keppl8R wrote:
         | I wonder why they don't build and sell power to the local
         | market in Australia and then use those funds to build the
         | cable?
        
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       (page generated 2021-06-02 23:02 UTC)