I think that is skeochs point.
The WESM is delivering lower prices, so that a generator using imported LNG will not be dispatched enough to pay for its capex.
Other analysis shows that as demand increases, the merit order with new entrants will accommodate LNG fired generation profitably.
WESM the way to go for EWC, page-2
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $27.71M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $10.06K | 1.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1696820 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 288000 | 1 |
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| Last trade - 15.59pm 09/10/2024 (20 minute delay) ? |
| EWC (ASX) Chart |