Associated News, page-3429

Interesting announcement from FHE on 13/8 around their Waroona solar and battery project on the WEM. Gives a good indication of what capacity credits are going to be worth for WEM operators, and some insight for prospective NEM operators (the two schemes will be different). Since most RE developers in Aus are privately listed or government owned it's rare to see public information.

$100/MWh for the capacity credits, $270/MWh EBITDA, payback period of 5.8 yrs.

The full announcement has more detail but here's a summary.


https://reneweconomy.com.au/anatomy-of-one-of-australias-first-solar-and-battery-hybrid-projects-the-costs-and-revenues/

https://www.dcceew.gov.au/energy/renewable/capacity-investment-scheme