The saga of Minister issuing directions to run, under emergency powers proved NEM had broken in face of endless efforts to tip the scales to favour intermittent unscheduled renewable power whenever the wind or sun deign to show up.
Liddell had a poor reputation even under ECNSW. Sometimes these things are cultural, not technical.
I don't know if we yet have an effective capacity market. It seemed to work in WA till recently.
AGL Price at posting:
$6.64 Sentiment: None Disclosure: Not Held
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