" I am not sure if they can force AGL to do anything really as it only happens in China and third world countries not in a capitalist western world countries."
Yes they can. They said the same thing with the gas industry and now it is legislated that they can't sell their gas to their overseas customers and leave domestic gas market short.
No reason why the same thing could not be done to the electricity supply industry where certain producers want to shut down power stations and leave the domestic electricity supply market short.
So if AGL can't replace Liddell's 2 gigawatts of on-demand power, they simply will not be given permission to shut it down because the public interest comes first.
AGL Price at posting:
$21.29 Sentiment: Sell Disclosure: Not Held
(20min delay)
