CTP central petroleum limited
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Alice Springs battery installed, page-3

  1. Ashentegra
    5,914 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
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    lightbulb Created with Sketch.  Great analysis
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