HEY BALDYARE YOU GOING TO EXPLAIN THAT IS GOING ON WITH YOUR...

First 111 Last

Share
Profile

Follow
diddycat

4,132 Posts.

69

18/06/22

00:10

Post #: 62067387
Share

Originally posted by baldynumbers: ↑

regarding renewables & storage:

"I imagine he will immediately start to will ramp up renewables, later invest in energy storage, throughout this whole time let the 'dirty' plants become run down and then in 2030 sell them for a cheap but quick buck to payback the borrowings for renewable investment."

This really needs to be done the other way around... firstly, I am not an engineer and my knowledge of grid scale transmissions is limited to what I have learnt over the years as an investor... but we currently have enough scale in development and coming online (as a nation - particularly within the NEM) that IMO a big hurdle for enabling further investment in renewable projects is the curtailment and MLF factors that the AEMO apply to the generator. There are even suburbs where small sized household solar panel installs are not allowed to export generation at all (local transmission lines are already possibly getting too high a frequency during day with existing loads)

AFAIK storage if implemented on power lines that have frequent curtailment applied to generators or have high MLF factors, it should improve the metrics for generators ... so I would see it as being most important - batteries to soak up the excess watts that solar panels already produce (all at the same time) in addition to allowing the development of more wind - we all know (or should know) that wind comes second to solar for LCOE... but it also has that ability to generate over a 24 hour period - and if you geographically disperse assets between inverse locations - such as SA & QLD & offshore... the overall generation profile becomes much more consistent... but until much, much, much more storage is developed - I would be cautious of AGL looking to develop solar directly.

Also... commercial payback periods on grid scale BESS are ridiculous ATM... IFN (I was a holder - now privately owned by Iberdola) repaid their Lake Bonney BESS within years... not decades - albiet that one was a small size... Hornsdale has also had a similar favourable result - GNX is developing a 50w/100mwh BESS near Gladstone for a capex of 59m - their third part commissioned modelling has forecast revenue of 11-5m pa to 2030, margins >75% (due to arbitrage ability to time cheapest recharge and discharge at highest price & favorable FCAS income) & IRR 9-17% post tax. I am very confident they will get these numbers.

Expand

HEY BALDY

ARE YOU GOING TO EXPLAIN THAT IS GOING ON WITH YOUR POSITION LAST YOU AND NOW

THINGS DONT GO AWAY IGNORING THEM

FOR NOW I WOULD HAVE TO SAY YOU NEED TO BE TAKEN WITH TWO GRAINS OF SALT . DOES NOT LOOK GOOD AND THE SOONER YOU EXPLAIN YOURSELF THE BETTER IT WILL BE LONG TERM FOR WHAT YOU WRITE

AGL Price at posting: $8.41 Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

PAR

Paradigm adds new oral combo IP to osteoarthritis drug stable with $500K pick-up

NMT

Neometals-MinRes JV inks MOU with Rio Tinto on lithium electrolysis

NEU

Neuren jumps over +11% on patent win for Pitt Hopkins drug treatment

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

First 111 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $9.83		Change -0.055(0.56%)		Mkt cap ! $6.603B

Open	High	Low	Value	Volume
$9.87	$9.89	$9.78	$16.10M	1.641M

Buyers (Bids)

No.	Vol.	Price($)
27	12185	$9.82

Sellers (Offers)

Price($)	Vol.	No.
$9.83	5304	31

View Market Depth

No.	Vol.	Price($)
26	11656	9.820
28	28888	9.810
13	12157	9.800
14	17941	9.790
31	53047	9.780

Price($)	Vol.	No.
9.830	5474	27
9.840	6109	12
9.850	14211	13
9.860	7367	9
9.870	23841	12

Last trade - 13.22pm 26/06/2025 (20 minute delay)

AGL (ASX) Chart

HEY BALDYARE YOU GOING TO EXPLAIN THAT IS GOING ON WITH YOUR...

Australia’s gas crisis is here – and dying coal plants aren’t helping

Paradigm adds new oral combo IP to osteoarthritis drug stable with $500K pick-up

Neometals-MinRes JV inks MOU with Rio Tinto on lithium electrolysis

Neuren jumps over +11% on patent win for Pitt Hopkins drug treatment

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

HEY BALDYARE YOU GOING TO EXPLAIN THAT IS GOING ON WITH YOUR...

Top Stories

Australia’s gas crisis is here – and dying coal plants aren’t helping

Paradigm adds new oral combo IP to osteoarthritis drug stable with $500K pick-up

Neometals-MinRes JV inks MOU with Rio Tinto on lithium electrolysis

Neuren jumps over +11% on patent win for Pitt Hopkins drug treatment

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News