Mining Stock Education
Frontier Energy: Profitable Power Generation for the Energy Transition with CEO Sam Lee Mohan
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:26:59
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Sinopsis
Frontier Energy (ASX: FHE; OTCQB: FRHYF) is on track to become a profitable Australian energy producer. As the world continues to grapple with the current energy transition and as high electricity prices are forecasted over the next decade, Frontier Energy aims to capitalize on these undeniable trends. Frontier’s strategy is to produce electricity from both solar energy and a peaking plant. The peaking plant will utilize both natural gas supplied via a pipeline and eventually green hydrogen. The green hydrogen will be produced onsite via electrolysis using Frontier Energy’s solar power during low-cost energy periods. The company has all key approvals, permits, and licenses in place to commence development on the project next year. The first cashflow is expected in 2025. Frontier Energy’s competitive advantage is its existing critical infrastructure, agreements, and permits. Having these in place saves the company at minimum five years of waiting and hundreds of millions of dollars in capex. Frontier Energy