IFN
Click for more information
0.00% 93.0¢ infigen energy

OK, OK, I know I am developing a reputation as a battery nut....

  1. Ashentegra
    5,419 Posts.
    lightbulb Created with Sketch. 1330
    clock Created with Sketch.
    13/06/19
    21:23
    Post #: 39049821
    OK, OK, I know I am developing a reputation as a battery nut.

    IFN has just spent $74m on the Smithfield gas generator to 'firm' variable renewable generation - its own and on contact for others. I am now satisfied this will work very well.

    The fact remains, IFN will still be selling 25% of its output on the spot market and has no capacity to time-shift night/intermittent generation to fill daytime peaks in NSW, its biggest market - which would substantially improve margins. And nobody talks about how much renewable electricity generation is 'spilled' and therefore lost.

    IFN has three major connection points to the Sydney Canberra interconnect at Capital, Woodlawn and Smithfield and could place big batteries or synchronous condensers at any or all. Further, there is a significant first-mover advantage for the earliest installer.

    Government will love the supply security benefits and the CEFC would be good for cheap part finance.

    Learn more here:
    https://reneweconomy.com.au/battery-storage-shit-we-need-this-in-the-market-now-71976/

    RR & team know this, live and breathe this stuff. Since sloughing off the paralysing cash-sweep debt, IFN has built Bodangora WF and the Lake Bonney battery, contracted Kiama and Cherry Tree, and bought Smithfield. Next up, Forsayth WF and batteries.

    Ash
    IFN Price at posting: 45.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

Featured News

NEWS Drill, drill, drill: 3 explorers with news on Friday – Sun Silver, Aurelia & PNX Metals
right-arrow Created with Sketch.
NEWS Dominos looks tasty and tempting, but could be too spicy and even dicey
right-arrow Created with Sketch.
NEWS Week 24 Wrap: US contagion sentiment not so contagious; iron ore remains pressured
right-arrow Created with Sketch.
TLX Telix dips as pharma giant abandons US IPO for NASDAQ listing – despite record run
right-arrow Created with Sketch.
NEWS MiningNews Select Conference: Inflation and global shifts pose funding challenges for Aus miners
right-arrow Created with Sketch.
TSO Tesoro reports gold grading 173g/t in Chile, sending share price soaring
right-arrow Created with Sketch.

Top Stories

watchlist Created with Sketch. Add IFN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.