AGL agl energy limited.

The Cannon-Brookes effect, page-78

  1. ew1
    241 Posts.
    lightbulb Created with Sketch. 54
    My initial observations of electricity prices post Liddell shut down where about 1000MW has been removed from the grid tells me there is at least $100/MWH added to overnight electricity prices.

    It may be early days, and heavily weather dependent, but if this continues i would expect to see AGL's long swap position get back into the money assuming they have not sold the swaps back - this was part of the reason why they missed their original profit forecast for FY23.
    https://hotcopper.com.au/data/attachments/5235/5235904-48147521caad419629dc42d11e3804f7.jpg
 
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