Australia's largest stock trading and investment forum Australia's #1 stock forum

Battery a giant con job, page-7

First 7 Last

Share
Profile

Follow
Atticuscat

12,907 Posts.

28/01/19

10:25

Post #: 37240678
Share

Originally posted by pugsley100: ↑

Again, the battery does what it's designed to do.
Primarily works in the FCAS market where it has proven it's worth.
Only 30MW of the 100MW works in the energy market.
Although all of the battery can be called on in an emergency should something like the interconnector go out suddenly, giving time for slower acting sources of generation to be called upon.

During the peak time that didn't happen so the part of the battery operating in the market took the opportunity to discharge while the prices were at their highest making hundreds of thousands of dollars.

The emergency jet engine generators were also instructed by the market operator to fire up and because they were directed by the operator the owner, which is the State Government will get paid $millions probably.

Expand

Such a wonderfully unreliable and expensive system.

Australia, this is your future, a sheethole like SA
30 Upvote

Reply

Top Stories

HotCopper Highlights: Trigg; Droneshield; Lumos & more

DRO

History repeats for DroneShield investors but carnage so far subdued

AII

A new NASDAQ listing for a key player in the global critical minerals space

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

ASX Market Open: Can we squeeze one more record reset into Week 29? | July 18

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

First 7 Last