PAUL RAFTERY

Diariamente, nuestro equipo en Sydney ( www.projectsrh.com.au ) e internacionalmente en Singapur ( www.tabatingasg.com ) pueden responder a la pregunta de si este o ese proyecto de energía puede financiarse. Tabatingadoes receive a lot of enquiries from Asia and more recentlyLatAm. Tabatinga recibe muchas consultas de Asia y, más recientemente, de LatAm .  [1] The mandates issued to Project RH andTabatingaby their respective Boards and shareholders are to act like a relationship partner and not like a transaction banker. Los mandatos emitidos a PROJECTS RH y TABATINGA por sus respectivos Consejos y accionistas deben actuar como un socio de relación y no como un banquero de transacciones. These roles whilst commonly called “investment banking” are that part of the project development cycle which lead to a bankable (or financeable project). Estos roles, mientras que comúnmente se llaman "banca de inversión", son la parte del ciclo de desarrollo del proyect

Photo : Rio Tinto’s Weipa Solar Plant (2015) THE GLOBAL PICTURE Over the last couple of years in Australia Projects RH (see www.projectsrh.com.au ), and in Asia and Latin America, Singapore based Tabatinga (see www.tabatingasg.com.au ), have been working with parties to supply mine based or mine focused generation. In each case it had made economic sense. To make sense it has often required intervention in the market place by government.   Tabatinga is currently working with an IPP (independent power producer) in Argentina who has been offered a 15 year offtake agreement by a mine, operated by an international mining group. The mine has a JORC measured resource which will at current production rates exceed 15 years of production. The power will be generated by a mix of solar and wind with battery storage. Today the mining company generated power by burning diesel is sourced on the Eastern ports of Argentina an

INTRODUCTION The rise of electric vehicles (EV’s) is inevitable and is best left to the market. Recent studies suggest that the economics of EV’s have not crossed the line to be a commercial choice [1] In both Australia and internationally we have seen that policy makers can change the world so that it is not a level playing field. We expect EVs will arrive soon and will be driven by governments for their own agendas. THE WORLD BEFORE POLICY INTERVENTION Today without intervention in the market EV’s are not favoured because: 1)       Their capital cost is expensive 2)       The cost of their “fuel” is rising 3)       The availability of fuelling places is limited but improving 4)       Their re-fuelling time is long [2] Today EV’s are suitable as: 1)       The family’s run about / second car. 2)       A car for people who don’t travel more than 600km a day 3)       Have time and a place to refuel / recharge their EV