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For some company to get financing to build a battery it requires some certainty they will not go bankrupt, which means a contract with someone than ensures they
by applied_heat 3y ago
For some company to get financing to build a battery it requires some certainty they will not go bankrupt, which means a contract with someone than ensures they will make money. Gambling on the arbitrage opportunity in electricity market rates alone isn’t going to get a 100 million dollar loan.
The last line of your comment is the most interesting to me, electricity is more expensive than ever in Australia.