RNE 20.0% 0.6¢ renu energy limited

Unfortunately guys there is next to no chance of the SA projects...

  1. 18 Posts.
    Unfortunately guys there is next to no chance of the SA projects proceeding.

    The reasons being are common place in the renewable sector which include:
    1. SA is a horrible marketplace for retailing and generation due to the swings from -$1,000/MWh to $14,500/MWh;
    2. No PPA has been discussed, hence it would be a wholesale spot price only generator;
    3. Finance is ridiculously difficult to get when there is no PPA in place;
    4. The MLF problems are completely unpredictable at the moment which means revenue is completely unpredictable.

    I hope the above helps.


 
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