i didnt see this on Friday but just f'ing wow.both Jun and Sept...

i didnt see this on Friday but just f'ing wow.

both Jun and Sept qtrly base load contracts now trading above $300/mwh. Look at the % increases for last week down the strip... +20% for many. A 10x increase in price for the Sep22 contract 14 months. Its starting to look like a lithium chart.

Recall Contact Energy's viability marker for new geothermal projects is at $65/mwh.

And the best bit... comments from Finance and Energy Minsters talking about their great reset at Davos... saying, we have to make this transition, don't waiver from letting market forces do their job. Essentially, you have to let energy prices rip even if its difficult for your people.

the renewable future.

bitumen too... broke that high.