Slightly disappointed that the second turbine will be placed under care and maintenance from mid next year, as this was a potential big $$$ maker for the company should electricity volatility continue the way it has since 2022. While this year hasn't been fantastic, the potential it had given grid instability was some nice upside. But as is the theme of the announcement, they are significantly derisking, diversifying revenue streams more towards gas sales than being solely reliant on TPS for revenue generating is a strategy I am happy with. Im guessing that the capex/opex at this current point wasn't worthwhile and so they've suspended it and maybe years down the line they will look at reactivating it should electricity prices prove viable to do so, or it is in need of a major turnaround and they can't spend the $ on it at the moment.
Gas prices / price cap will be a theme that plays out over 2025, so potential further tailwinds for QPME as they focus more on gas
https://www.choiceenergy.com.au/news/579164-gas-rates-will-increase-and-could-double-by-july 2025#:~:text=Flooding%20and%20weather%20events%20at,%248%20to%20%2430%20per%20gigajoule.
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