CCE 10.3% 4.3¢ carnegie clean energy limited

This is what having a renewable power plant and battery storage...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 11,120 Posts.
    lightbulb Created with Sketch. 108
    This is what having a renewable power plant and battery storage system can mean:

    "Tesla’s 100MW/ 129MWh Powerpack project in South Australia, the largest in the world for now, has been demonstrating its capacity over the last few weeks since going into operation last month.

    But now the system is showing its potential to be highly profitable by making an estimated $1 million AUD (~$800,000 USD) in just a few days."

    "Neoen has access to about 30 MW/ 90 MWh of the capacity to trade on the wholesale market, while the government has access to the rest to stabilize the grid."

    https://electrek.co/2018/01/23/tesla-giant-battery-australia-1-million/

    While CCE's facilities will be on a much smaller scale than those of Neon, they too should be able to derive income from on demand power in the same way from projects they build and own.

    I think it is a smart idea that both the owner/operator and the government share the benefits.
 
watchlist Created with Sketch. Add CCE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.