MNS 0.00% 4.2¢ magnis energy technologies ltd

The costs of utility scale battery storage in the United States...

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    The costs of utility scale battery storage in the United States fell about 70% between 2015 and 2018, according to data compiled by the Energy Information Administration (EIA), a part of the Department of Energy.
    The average energy capacity cost of utility-scale battery storage went from $2,152 per kilowatt hour (kWh) in 2015 to $625/kWh in 2018, according to the EIA. The agency noted, however, that costs vary widely by region and by application.


    My guess on 1.8GWh annual capacity:
    - Annual revenue would be around US$360m
    - Net profit margin ~20% (cheap cost, it might be higher profit margin)
    - Annual net profit ~US$72m
    MNS: 63% ownership
    MNS attributable net profit: ~A$59m p.a

    All imo, just for entertainment.
 
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