compare those numbers with 12 months, 24 months ago (or longer)... its not hard to draw a trend line...
Facts are that there is a reason why Australia isn't building more coal plants & why the existing plants are being run to retirement.
Right now - coal provides "baseload" - 10 years time will be a different mix again with more renewables making up the mix - less about baseload and more about despatchable
The retirement of AGL Liddell in 2023 will remove a 2000Mw of coal power plant capacity from the mix.
Then there is EA Yallourn in 2028 for another 1480Mw of coal power being retired
Then AGL Bayswater is expected to retire around 2035 which is 2640Mw.
Dark Blue bars will be taking some big steps down
Meanwhile renewables are being installed at a rate of around 6000Mw per year, 24Gw of rooftop solar expected by 2030
https://www.minister.industry.gov.au/ministers/taylor/media-releases/australia-sets-new-renewables-records-2020
DYOR - but what would I know... FYI i am not even a greenie... just a realist on the change on the electricity supply
News: AGL Alcoa to restart long idled capacity at Australian aluminium smelter, page-50
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$11.34 |
Change
-0.240(2.07%) |
Mkt cap ! $7.628B | |||
| Open | High | Low | Value | Volume |
| $11.58 | $11.59 | $11.32 | $17.70M | 1.555M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4881 | $11.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.37 | 308 | 2 |
View Market Depth
| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| AGL (ASX) Chart |