You're correct, it puts downwards pressure on the LGC and it also decreases the wholesale price of power which usually has a wind correlation effect. A massive wind farm just got approved in Victoria and one in NSW. 800 MW-1GW. https://reneweconomy.com.au/australias-largest-wind-farm-wins-planning-approval-for-victoria-71054/
You're correct, it puts downwards pressure on the LGC and it...
Currently unlisted. Proposed listing date: 25 JUNE 2025 11:00 AM AEST ##
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