Hi pinto Unfortunately they are not profitable with most reports...

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    Hi pinto

    Unfortunately they are not profitable with most reports saying they are cheaper than other forms of storage but not as cheap as pure hydro or coal

    Certainly the figures on Snowy 11 show that the costs were about 30% more than the price of power and that does not cover the capital costs

    They are simply in the same category as solar and wind *** Only suitable when normal forms of power generation are not available.

    Just more dreaming
 
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