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I'm sick of these fools talking about 'we don't have enough storage'., page-131

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pintohoo

80,809 Posts.

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23/06/22

23:21

Post #: 62174446
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Originally posted by kingpins ↑

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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When we either have them or no power

profitability will not come into it
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