The project has not been picked up by the majority of market data-minders, but was by Paul McArdle at Global-Roam, the providers of RenewEconomy’s popular NEM-Watch widget, and he sent us this graph below.
All new wind and solar farms need to go through rigorous testing processes and protocols, and usually go through a series of “holding points” that limits their output at various levels until the network owner and the grid operator is satisfied it can move forward.Risen Energy has said it intends to add battery storage to the facility some time in the future, and intends to operate the project on a “merchant” basis, meaning it will take the spot price for sales into the wholesale market. The facility has a projected 30-year life. Risen Energy was not available for comment on Monday.
The sun, another source of renewable energy, provides enough energy every hour to provide power for the whole world for an entire year.