Battery nets $1.1 million & AU$340 MWh in first 19 days

In the December quarter, Bouldercombe only operated at full tilt for the last 19 days of the years

In that short time, Bouldercombe earned about $1.1 million in revenue, and achieved a “net” margin of $341 a megawatt hour

In January we saw 74 pricing intervals greater than $1,000 a megawatt hour, and 31 pricing intervals above $10,000/MWh, which is where …. (the batteries) can make huge amounts of revenue in very short periods

we’ve got average charging prices lower than $50 a megawatt hour, so there are really good energy arbitrage market dynamics at the moment in Queensland, which the batteries are well positioned to capitalise on

The market is shifting rapidly and dynamically. We don’t see this being a regular feature in Queensland,” Francis said. “There is at least half a gigawatt of storage online next spring which will be absorbing the pricing, and shifting the pricing.”

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