https://www.copyright link/companies/energy/industry-in-shock-as-vic-gas...

https://www.copyright link/companie...vic-gas-hits-unheard-of-58-gj-20210709-p5889c

"Gas prices in Victoria have taken another huge leap to levels of about 10 times average levels, fuelling urgent calls for the federal government to pull the trigger on its domestic gas security mechanism.
Wholesale prices surged to an unheard-of $58.44 a gigajoule in Victoria for a four-hour period on Friday, shocking manufacturers and raising the likelihood of plant shutdowns among those exposed to spot prices."

This was written on Friday.
I'd like to know how the study at LV is going for a large Coldry plant...

ECT said in April

"“We will also be planning the next logical step on the Coldry commercialisation pathway; a large commercial-scale plant. We previously commenced the review of the feasibility of a project at Yallourn, the site of the existing lignite-fired power station and mine (see announcement 28 November 2018), with promising outcomes. We paused this activity in mid-2019 to focus our efforts on the Coldry-Char project, but with funds raised from the capital raising, we are now in a position to resume the feasibility study at Yallourn. The study will focus on enabling the sector to pivot away from high-emission power generation, to the future low and zero emission use of lignite for higher value applications. “We believe the next 15 months will be exciting for the Company and on behalf of the Board, I wish to thank new and existing shareholders for their support.” Appointment of Corporate Advisor The Company is also pleased to advise that it has engaged Euclase Capital as Corporate Advisor (Euclase). Euclase will provide a range of corporate advisory services to the Company, including advice on strategic and cornerstone investors, advice on potential offtakers, assisting with the development of feasibility studies with a view to securing project finance for ECT’s Projects, and advising on business and corporate development opportunities."