Jemalong made an impressive $3.5 million in revenue in Q3 based off a $105/MWh bundled price, well above expectations due to high coal and gas prices which have been pushing up spot prices.
Here is a breakdown of the monthly revenues by my calculations, including up to 28th April. I get 36,051 MWh generated in Q3 (higher than the 33,465 MWh quoted by Genex, so not sure what is causing the discrepancy as my data comes directly from AEMO).
Overall, an amazing start to the year for Jemalong, glad we've got it as a merchant-only project, as it's making serious bank on both energy and LGC revenues at the moment! Only going to get better for Q4 going into the winter demand period (higher daytime spot prices).![]()
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Jemalong made an impressive $3.5 million in revenue in Q3 based...
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