CTP central petroleum limited
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The Northern Territory has unveiled its first grid-scale battery...

  1. Ashentegra
    5,914 Posts.
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    16/11/18
    00:33
    Post #: 36525517
    The Northern Territory has unveiled its first grid-scale battery storage facility, with a 5MW/2.5MWh system unveiled in Alice Springs to improve the integration of solar, and provide support for the new and existing gas generators.

    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”.

    https://reneweconomy.com.au/teslas-and-victorias-second-big-battery-completed-at-ganawarra-solar-farm-46361/

    Ash here.

    Yes, this reduces the gas consumed at Alice. PWC will offer the gas saved into the NT and NGP pipes. Twill be minor.

    Ash

    ps sorry for distracting from the boardroom excitement.
    CTP Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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