Looks like NI hydro is really struggling looks to be around the 5%ile at present with generation well down (around 500 MW being generated from NI hydro compared to 2,500 MW SI Hydro) - should be a good month for generation for MEL they should be able to sell excess into the wholesale market with prices > $200 MW.
Great for MEL (due for another run) and not so good for MCY, (don't hold the latter).
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Originally Posted by boysy
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