totally the same topic... rather than blame "going green".... maybe you should read the history of why AGL lost money on it...
TLDR - they sold the green generators, then contracted themselves to buy the output at a higher price than where the NEM ended up.
Its a failure of financial instruments by Redman - not from green energy
Will Government pay AGL to go Green??, page-7
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Last
$10.26 |
Change
-0.020(0.19%) |
Mkt cap ! $6.902B | |||
| Open | High | Low | Value | Volume |
| $10.25 | $10.31 | $10.21 | $13.33M | 1.299M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7367 | $10.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.27 | 10000 | 1 |
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| AGL (ASX) Chart |