Why would they run dual cycle (operate TPS at all) if pricing is -ve like it has been over the past few days/week? If they want to run dual cycle, this means running at ~80MW/h for a couple hours before enough heat generates for dual cycle to run. During the periods they would usually run dual cycle it has been -ve pricing all the way through until 3pm. They evidently showed they can run dual cycle particularly in strong $$$ periods (22 Jul - 2 Aug). Gas would effectively just be building right now in the pipeline to be deployed when more favourable pricing occurs. Transitioning out of winter now, so volatility events should slow down, weaker pricing through now-October as renewables are strong, but looking forward to end of Nov-Feb where QLD should see some favourable $$$.
QPM Price at posting:
3.2¢ Sentiment: Hold Disclosure: Held
