QPM 2.70% 3.6¢ queensland pacific metals limited

Could be an interesting day on the NEM... TPS has started...

  1. 195 Posts.
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    Could be an interesting day on the NEM... TPS has started already so both turbines will be going. Grid must be experiencing some sort of issues as QLD hit a price cap spike this morning at $17,500 MW/h and is scheduled to repeatedly hit it this evening. Usually when these price spikes have been forecast it hasnt come to fruition in winter but based off yesterday and this morning's price action, it could be a big day for QPME.

    One singular 5 minute interval at $17.5kMW/h (presuming TPS output is at max 240) is $350k in revenue, so if they get sustained periods at this price then they will make some serious $$$
 
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