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Ann: Valentia Investment Update-EVM.AX, page-35

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  1. 3,842 Posts.
    lightbulb Created with Sketch. 10
    if this does fall through, in the end
    and while I still hope it comes though, I have to accept the real possibility it may not

    then after failing to get an alternative the $800 M or so fund I think they should look at a 'pilot' version

    the economics of this are extremely strong - something like 11 cents / kwh clean power that is effectively base load

    but its very hard to get $800M funded - we all agree on that I think

    a $100M version (for instance) may not be as economic
    say its 25cents / kwh clean power that is effectively base load - that's still viable
    eg Batteries struggle to provide 50c/kwh delivered power (relevant when looking at baseload clean power)

    But a $100M version would prove the concept and the next step to $800M version would be a lot easier
    Last edited by peteai: 07/10/16
 
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