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My Understand ia that KS1 has a 20-year Revenue Support Deed...

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dyeman

4,196 Posts.

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31/05/22

20:38

Post #: 61737796
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Originally posted by Gus4444 ↑

Just did my usual mid-month check on prices and output for Jemalong.

By my estimates, production is running in line with 5-6000 kWh for the month, but prices (with LGCs bundled) are currently averaging $215/kWh, more than double the very good prices realised in January to March ($105/kWh); this follows my estimated $160/kWh bundled for 7000 kWh in April (cf Lanuit's $180/kWh for 8000 kWh above).

June/July will be the lowest producing months for Jemalong (either side of the shortest day), but total production will begin to recover again in August. With 8/9 ENSO models predicting that La Nina will finish this winter, looking forward to better production next summer.

For Kidston solar, has anyone got a feel on the prices? As I understand it, the negotiated deal is a minimum ($88/kWh bundled) but with some upside if prices are high. Can anyone confirm this, or provide additional insights?

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My Understand ia that KS1 has a 20-year Revenue Support Deed with the Queensland Government for 100% of the energy generated from the Project, price around $90 IIRC. Not sure if this prevents them from getting higher spot market revenue if market prices >$90.

GNX Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
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