GNX 0.00% 27.5¢ genex power limited

Duck day in QLD

  1. 4,200 Posts.
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    Power prices in QLD were negative between 7:30 AM and 3 PM- must have been sunny everywhere. Kidston power station was offline from 7:30 AM until 3 PM - presumably under orders from AEMO.

    QLD market power price was below -$400 (yes that's a negative) between 10 AM and 1 PM, so Kidston Hydro could have been paid > $400 per MWh to pump water up the hill, then get paid another $100 per MWh to let it down again during the evening peak.

    Interesting times.
 
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