agree 95% there... any form of generation that requires an input (coal or gas) to be purchased to be then used to generate output will require a floor price (the cost of the input) to determine "cheap" if input prices rise enough...
it wasn't that long ago that our cost of generation was close to 100/mwh for coal
AGL will go significantly higher on result, page-157
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| AGL (ASX) Chart |