Latest from the blog

• From Dispatch Logic to a Bankable Revenue Forecast: The 39% That Disappears
  Sep 18, 2026
• When Should a Battery Charge? The Threshold Is Degradation, Not Efficiency
  Sep 18, 2026
• The Constraint Stack: What Actually Limits the Battery You Can Build
  Sep 18, 2026
• The Cost Curve: Why Dollars per Kilowatt-Hour Is a Misleading Way to Compare Batteries
  Sep 18, 2026
• When Should a Battery Discharge? The Stored Megawatt-Hour Has an Opportunity Cost
  Sep 18, 2026
• Sizing the Energy: Why Four Hours and Not Five
  Sep 18, 2026
• Sizing the Power Rating: What the Megawatts Are Actually For
  Sep 18, 2026
• State of Charge Is the Real Constraint: Why Dispatch Is a Schedule, Not a Rule
  Sep 18, 2026
• Ancillary Services and the Battery Revenue Stack: The Inversion, and Why $/MW Is the Wrong Metric
  Sep 17, 2026
• Base Case, Banking Case, Downside Case: The $53.8m Between Two Spreadsheets
  Sep 17, 2026
• The Continuity Requirement: Four Calendar Years, and Why One Day Can Cost You One
  Sep 17, 2026
• Evidencing Beginning of Construction: The File You Assemble Years Before Anyone Asks
  Sep 17, 2026
• Beginning of Construction: The Physical Work Test, the 5% Safe Harbour, and a Vacated Notice
  Sep 17, 2026
• Capacity Guarantees, PR Guarantees, and the Risk Nobody Signs For
  Sep 17, 2026
• The Cash Sweep: What a Dollar of Prepayment Is Actually Worth to Equity
  Sep 17, 2026
• Change in Law: Who Pays When the Rules Move After Financial Close
  Sep 17, 2026
• The Construction Facility, IDC and Drawdown Order: Why Paying More Interest Is Usually the Right Answer
  Sep 17, 2026
• Curtailment: Economic, Congestion and Manual — What Causes Each, and Who Pays
  Sep 17, 2026
• Sculpting to a Target DSCR: The Mechanics, and the Circularity That Is Not Where You Think
  Sep 17, 2026
• DSCR-Driven vs Gearing-Driven Debt Sizing: Which Constraint Binds, and What It Tells You
  Sep 17, 2026

All posts →