the issue for Energy Australia was that they had reduced production from Yallorn and low coal supplies for Mt Piper resulting in them being short on electricity to meet their own customers needs - causing them having to buy power on the NEM at prices significantly more than what they were selling to their customers.
AEMO stepping in meant that EA didn't have to pay the prices that those diesel and gas generators had manipulated the NEM spot price to BEFORE AEMO suspended the market. TBH - I dont know the price any electricity retailer is currently paying for supply if they don't generate their own... but it would be very safe to say it would be less than where the spot market ended up.
In regards to Enova - they were in the same boat as EA... or any other electricity retailer out there.
Right now, if you haven't got enough of your own generation (or PPA) to cover your customer book... you will be losing money. Lucky for us - AGL was an exporter of energy into the NEM and also having coal prices mostly fixed until 2025 only strengthens our position in this currently unstable market.
FYI - Energy Australia is Australia's third largest coal electricity producer (and retailer)... this isn't just a green electricity retailer issue. Stop trying to make it a "green" issue
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