bearish
Power Points: Futures Pressure Downwards — May 2023
April 2023 saw continued strong hydro generation (particularly North Island), and a return to more favourable conditions for Meridian Energy (MEL); Whilst ASX futures remain stubbornly high, there are further signs new generation costs are falling with the recent NSW tender resulting in a solar price below A$35/MWh and wind below A$50/MWh
SUMMARY
(Sign Up to Access)Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
- Unlock all research summaries
- Follow top, independent analysts
- Receive personalised alerts and emails
- Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 46-minute read)
Discussions
(Paid Plans Only)
Forsyth Barr
New Zealand Professional Investment Services Firm
- Power Points: Futures Pressure Downwards — May 202314 May 2023
x