For those interested in AGL as an investment the affect on guidance will be how much investment is required in these assets before closure. won't go into the social license argument, that's for elsewhere. As investor we want net profit and do not want a stranded expensive asset at the end. We trust the local management have a financially sound strategy in place
AGL investors can turn off now.
Baldy by 2035 there is over 9 GW of coal targeted for closure. if we build 1 of 6MW turbine per day it is an effective 2 MW baseload. That is the equivalent of 730 Megawatts built per year. in ten years that is 7.3 GW, can't you see that.Its short of the 9GW requirement.
You haven't responded to the claim about a 6 day turbine as it was completely false. Would have been more accurate to say the last 10% took 6 days.
You will have to explain the sentence about the 7.3 GW in April, don't get what you're on about.
And don't resort to personal attacks because somebody disagrees with your views.
AGL Price at posting:
$10.41 Sentiment: None Disclosure: Held
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