Count on 5% compound growth in demand. Sweating existing assets like Hazelwood is way to minimize capital cost which in the end is the biggest cost in whatever source of energy you care to analyze. Energy should be a small part of a developed economy's household and business budget. Low reliability is much bigger impact, so I would advocate floating retail price to ensure demand supply is in balance at all times.
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Count on 5% compound growth in demand. Sweating existing assets...
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