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Ann: RNT-EP affirms support for Green Hydrogen & Ammonia Project, page-3

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  1. Accumul8
    1,983 Posts.
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    10/05/22
    10:05
    Post #: 61306955
    Fantastic announcement!

    Very very cheap power.
    MNB Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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  3. chuk
    14,469 Posts.
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    10/05/22
    10:05
    Post #: 61306958
    Initial 100MW at $US0.004 (0.4c) per kilowatt hour for 5 years then $US0.008 (0.8c) per
    kilowatt hour for 20 years.
    • Subsequent 100MW at $US0.015 (1.5c) per kilowatt hour for 25 years.

    OMG! 0.4c for 100MW over first 5 years, then .8c!!! That's green ammonia produced at extremely low cost. Unbelievable.
    1.5c for the other 100MW is still a quarter of typical large scale competing projects.

    Fantastic outcome. No issues funding this project.
    Last edited by chuk: 10/05/22
    MNB Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 20  Upvote
    lightbulb Created with Sketch.  Great analysis
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