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clock Created with Sketch. 31/08/21
18:00
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Originally posted by baldynumbers:
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Its an expensive box of cornflakes... but I digress..Coal Operations primarily comprises AGL Macquarie (Bayswater and Liddell power stations) and AGL Loy Yang.""Trading and Origination – Electricity gross margi n was $2,014 million, down 10.6%. The decrease in gross margin was driven by lowerAGL Macquarie due to lower availability because of unplanned outages, including during periods of high prices in New SouthAGL Loy Yang with Unit 2 returned to service, $103 million of proceeds related to insuranceAGL Loy Yang Unit 2 outage (a further $22 million was recognised within Coal Underlying EBITDA) and lower unit fuel costs forAGL Macquarie driven by lower coal prices and a higher proportion of deliveries from legacy contracts. The impact of low spot prices was partly
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The gross profit from T&O implies they have bought power from the coal plants.
(20min delay)