I'd be curious what the price paid by the energy company to obtain 75% of the retention lease was, and how that would compare to putting the same funding into renewable energy generation (to determine the relative return-on-investment).
ARENA[1] puts the levelized cost of energy for solar at approximately $100 per MWh (AUD, I think), given a discount rate somewhere around 8-9%.
I'd be curious what the price paid by the energy company to obtain 75% of the retention lease was, and how that would compare to putting the same funding into renewable energy generation (to determine the relative return-on-investment).
ARENA[1] puts the levelized cost of energy for solar at approximately $100 per MWh (AUD, I think), given a discount rate somewhere around 8-9%.
[1] - https://arena.gov.au/assets/2018/12/large-scale-solar-progra...