Originally Posted by
Snoopy
My attempt at looking at this was post 1978. That shows both 'dps' and 'eps' to be higher than before once Tuahara is built (the quoted post shows dividends and earnings projections under the old dividend policy, and without Tuahara). But these projections do not include the effects of taking older stations permanently off line (if that occurs), and generally reduced generation from the existing Wairakei power plants. I haven't been able to work out how to quantify those effects.
SNOOPY