AGL agl energy limited.

Wind or Solar is 110% the cheapest on a new build basis.But not...

  1. ew1
    241 Posts.
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    Wind or Solar is 110% the cheapest on a new build basis.

    But not as cheap as the existing dirt burning LYA brownies or AgLs Bayswater coal offtake.

    Economically:

    AGLs brown dirt in Victoria is free.

    AGLs black stuff in NSW is at cost plus,

    Renewables variability adds to volatility

    Higher volatility drives higher future prices

    higher futures prices is input into future DMO decisions

    Future DMO decision drives cost to the consumer...

    All of the above bode well for AGL to get on with paying again the big divies and restart its renewables push.
    Last edited by ew1: 09/06/23
 
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