With a coal power station, "reversion to the mean" - the result...

With a coal power station, "reversion to the mean" - the result of years of under-investment then something explodes. High pressure steam is scary stuff.

If people have been sweating these assets for years so that this is already happening injuring workers (which is offensive and wrong).
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Imagine the slash and burn response to $20/MWh and running Eraring as a peaker plant - this is the veiled threat behind ORG saying that there could be a "disorderly" response to these electricity prices.

There's good pictures of "reversion to the mean" in this article, you think a sell-side analyst with a few years keeping a desk warm after university who can't invest to save himself and has never been responsible for responding to a power station tripping at 3am would understand this?

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