"For the Hornsdale Power Reserve, Ballarat, Gannawarra, Lake Bonney and Dalrymple North batteries, 2019 saw an average energy buy price of A$66/MWh, and an average sell price of A$292/MWh.
"This produced average buy-sell spreads ranging from A$90/MWh to a whopping A$462/MWh, and an overall production-weighted average spread across all the batteries of A$115/MWh. So despite the complexities of the NEM, ‘buy low, sell high” still works a treat.
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Exactly. Feel free to calculate the revenue benefits to IFN of the modestly sized Bonny BESS 25Mw/50Mwh, with theoretically two discharge opportunities a day for 100Mwh, Behaviour to date is well short of this, yet the margin enhancement and revenue benefits are quite significant.
Ash.
IFN Price at posting:
74.5¢ Sentiment: Buy Disclosure: Held
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