The Cost of Closing Coal-Fired Power Stations

Liddell is closing its units in the next week I think the last one will close next Friday. There'll be less supply of firming power in the evening as a result of taking Liddell out of the market because we haven't built enough new firming dispatchable capacity if you want to use that term for the evening and early morning spots just yet. Power prices, spot prices are coming down they're actually about 40% below where they were a year ago. But the general point remains overall that we've also got the erring closure coming up. Thank goodness it's and we just need to get on with building this new capacity and the infrastructure to support it as fast as