IFN 0.00% 56.0¢ infigen energy

Thanks for clarifying supplier word, ozmacca. Even though FCAS...

  1. 2,299 Posts.
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    Thanks for clarifying supplier word, ozmacca.

    Even though FCAS is transformed by Hornsdale, IFN is still obliged to sell its output at a discount due to variable supply. Its own battery eliminates that and probably will make enough $$ to self-fund the capex. Once operational, IFN can bid into the market as it likes and store every volt it can't sell.

    I find reneweconomy a little breathless in its views on renewables. It is important investors do not conflate civic good and the decisions a business must make for profitable growth.

    Wind is an ideal compliment to solar. Further, while solar ownership is dispersed, installed for non-commercial reasons and generates predictably, wind is in the hands of a few rational operators.

    Ash
 
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