Giles Parkinson looks at the battery on the Pilbara grid which is bringing major efficiency benefits then goes on to discuss batteries in the E Australian grid.
The FCAS revenues are disappearing as more batteries are installed also shrinking the high/low price arbitrage.
There are still major gains available to IFN in installing a battery at Capital, to direct intermittent and low value night generation to its own battery rather than feeding someone else's for free. A battery at Smithfield probably won't work.
Interesting times.
Ash
IFN Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held
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