PEA 0.46% $1.09 pepper residential securities trust no. 30

Ann: Pacific Energy Acquires NovaPower, page-9

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  1. 2,299 Posts.
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    Perhaps PEA's agenda is to dismantle Nova and use the gas turbines on mine sites. They look modular and truck-sized from the photos. Can't see much benefit sitting there and producing only when electricity is expensive. They could run flat out and produce for premium $$ out in the bush somewhere.

    PEA is probably running the slide rule over adding batteries to the Vic Hydro assets. These produce when Melbourne Water moves water between dams. Electricity prices are not a consideration in MW water-shift actions, so they are price takers. Put a modest size battery on each and offer into the NEM when prices are high. That would be value-add.

    Ash
 
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