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1.92% 5.1¢ central petroleum limited

Alice Springs battery installed, page-3

  1. Ashentegra
    2,299 Posts.
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    16/11/18
    07:29
    Post #: 36526360
    Der.  Sorry wrong link.  Try:
    https://reneweconomy.com.au/northern-territory-unveils-first-grid-scale-battery-in-solar-capital-alice-springs-79369/

    "Territory Generation expects that the cost of the battery system is expected to be recouped within four to five years due to efficiencies and fuel and maintenance savings, mostly from having to use less gas generation and less “spinning reserve”."

    The battery cost $8.3m, so the gas savings are ~$2m a year.. We cannot begrudge NT the benefits.  

    Ash
    CTP Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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