A brief analysis of recent AEMO pricing data for the Qld energy...

A brief analysis of recent AEMO pricing data for the Qld energy market makes me somewhat sceptical that the quoted EBITDA figures will be achieved.

QPM's own analysis suggests the EBITDA predictions are based on running the Townsville Power Station for ten hours a day, relying on an average price of $200 per MWH. The pricing data from May included in the QPM EBITDA predictions showed peak pricing at above $1000 per MWH in 5 minute increments.

The below data is from the last 24 hours, and the average price over any given 10 hour period doesn't come close to $200 per MWH.