Strong close. I think we will see some improvement. US seems to be going better than expected. Hazelwood power station and other brown coal plants are closing down which will make the grid mor erratic. Meanwhile there was a record PV installs for houses this year which will further add some volatility to the grid which is good for a company like EPW as it has an offpeak agreement with Vales Point and a gas peaker to hedge with.
EPW Price at posting:
$1.17 Sentiment: Buy Disclosure: Held