RFX 4.55% 11.5¢ redflow limited

General Renewable Discussion, page-2060

  1. 9,177 Posts.
    lightbulb Created with Sketch. 802
    There is other close connections as well- it is a small industry and STO ( now also including oilsearch) woodside and a few others have revolving staff or engineers etc and all use same contractors. All are partnered in various projects they eitherr operate or participate in and all use a pool of pre qualified engineering companies who know what is required in that industry in regards to sites, safety and resilliance . Modular , industrial remote in high and low temps on oil and gas fields and distribution hubs is exactly what RFX should be good at with a non volatile battery solution. Round turn efeciency not hugely important a spanels are cheap and space is easy at these locations and tehy are over specced to hell in general with oil and gas with plenty of redundancy which RFX modular batteries with own self management on board are good at.

    Think about all those texas oil donkeys running on diesel motors being electrified with modular microgrids with low maintainance, Massive opportunity with very clear ecconomics and ecconomy of scale with centralised ownership that wants every bit of margin it can get and has cashflow from existing sites to retrofit . Think about remote gas heads and injection sites . Think about decarbonising long term drill rig development sites .
 
watchlist Created with Sketch. Add RFX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.