Carrington Clarke

And Australia is very lucky.

in that we are blessed with huge amounts of sunlight.

Now, sometimes that can be a problem when we have drought conditions, but overall, it's a very good position to be.

There's lots of places in Northern Europe who would love to have the access to sunlight that we have.

They just can't do rooftop solar in the same way.

It also strikes me when I was in America, when you would fly over places, including in Arizona and places where you would expect there to be huge amounts of solar arrays, there just wasn't.

Australia really does stand out that you have solar panels over most places where it makes sense to have them.

Yeah, I know.

And I think Australians have become used to kind of having the ability to invest in their own electricity generation.

And so now that they've seen batteries working for their neighbours, they're hearing that it's working for other people, you've seen this exponential take-up of batteries.

And I think once people have had them,

they're going to stick with it because they like the control it gives them and they like the fact that they're not reliant on whatever the given price is for buying electricity off the grid.

This number is crazy to me.

Is it really because of the subsidy program?

Is it because of the fact that we have such high penetration of solar on people's homes?

There's a reason to have that.

It's the connection between the two things, isn't it?

So it does raise a question though.

So it appears we've finally got electricity prices starting to come down because of the investment in batteries.

But you now have these AI companies who are hungry for huge amounts of electricity.