Alistair_Heaton
Mechanical
- Nov 4, 2018
- 9,476
How much work is it to winterise the gas wells and other must have sites? I presume they don't need to do all of it if they have a proper plan for for next time to have rolling blackouts.
I can't see them getting much of the cash generated by peak price anyway. It seems that a sizable proportion of the customer retailers are going bust so won't pay anyway. The largest and most financially robust co-operative filed for chapter 11 last week. And if it can't sink the 3 days of peak charge then the others won't be able to anyway. So quiet who will cough up the cash to the suppliers is anyone's guess.
I can't see them getting much of the cash generated by peak price anyway. It seems that a sizable proportion of the customer retailers are going bust so won't pay anyway. The largest and most financially robust co-operative filed for chapter 11 last week. And if it can't sink the 3 days of peak charge then the others won't be able to anyway. So quiet who will cough up the cash to the suppliers is anyone's guess.