In
its quarterly update, Origin confirms its view that the price rises
were being driven by coal plant outages and high fossil fuel prices, and
warns it will continue in at least the near term until more renewables
can be brought into the grid.
“The challenges with coal delivery
to Eraring Power Station are expected to persist into FY2023,” it says
in its quarterly update.
“This is expected to result in a material
increase in coal purchasing costs given high coal prices and continued
exposure to high spot electricity prices." ZeroHedge
No comments:
Post a Comment