There is no behind the meter opportunities... as AEMO won't allow that to occur and -
KS1 is already under a revenue contract with the QLD government... K2H will be operated by EA for rental revenue...
K2W & S - would be likely arranged in a similar manner (pre arranged PPA's) - EA may enter a PPA for their output to allow a more fixed price per Mwh for their charging cycles on the PH asset
IMO - GNX is currently doing a stellar job of placing a baseline return on each of the assets they have... what I would like to see from here is them develop opportunities for them to sell the surplus energy they produce (above PPA requirements) into another form of contract (commercial and industrial customer) at a price above spot market price... or increase their options for storage so (such as COMO) so that they have more control of when the surplus energy is sold.
AFAIK we would be able to buy our own surplus solar generation to charge the COMO battery once it is installed... and then that can be used to sell into market or another customer.
GNX Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
