RE: re Great News15 Nov 2017 09:21
IRR: arbitrage is established in energy storage circles, hydro being one of them, pump water up to a reservoir when electricity is cheapest, open the sluice when demand is greatest and electricity prices highest, supply and demand. What is the IRR of redT’s Olde House installation? Don’t ask me I haven’t got a clue, I’d have though centrica’s and/or redT’s figures would be closer to the mark than anything I could ad-lib, comes down to whether you think they are incompetent and / or misrepresenting their estimate, I wouldn’t be in a position to judge and well, I believe the experts unlike Michael Gove all imho of course