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Gas Week |
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Gas Week |
A quick run over the calculator showed if BBP succeeded in closing draft deals to sell Uranquinty, $159m, and Ecogen interests, (Newport and Jerralang), for $142 million; Tamar for $100m, then, it and now needed maybe $41 million, to keep lenders happy. Kwinana and Neerabup projects were perhaps prospects for sale. In these planned deals UBS was to deal with conflicts of interest, under a new plan from the changed board under leadership of Len Gill.
(Full Article)Generators get dispatched in order to meet customer demand under the different drought scenarios. For example, a generator operating at 100per cent capacity factor over a certain period of time would be generating at its full rated power output for the entire period.
(Full Article)The tables summarise the annual USE (unsupplied energy - meaning ‘blackout risk”) figures for each region, and provide comparisons between the NEMMCO March 08 report and the 1 July update
(Full Article)One large unnamed Victorian generator faced a water crisis if dame levels stayed low. NEMMCO's 1 July drought update, which contained data not published in other NEMMCO forecasts - said"
(Full Article)The graph above shows Snowy Hydro generation over last 90 days to 11 August 2008, and reduced use of Tumut units. On 6 August Moody's withdrew insured ratings on Snowy Hydro's MTNs and Baa1 underlying senior unsecured ratings on all of Snowy Hydro's MTNs “for business reasons”. This suggests a major risk event for Snowy Hydro, not yet released to the market. The affected notes include $277 million of senior unsecured MTNs due in 2010 and $ 223 million of senior unsecured MTNs due in 2013.
(Full Article)