Investor Presentaiton
Expensive and Unreliable Power in SA
The Australian National Electricity Market (NEM) is in turmoil, with South Australia at the
epicentre. Prices have risen despite falling demand, averaging A$123/MWh in FY2017.
Electricity Futures Price Quarterly ($/MWh)
160.00
140.00
120.00
100.00
80.00
60.00
40.00
20.00
Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2016 2016 2016 2017 2017 2017 2017 2018 2018 2018 2018 2019 2019 2019 2019 2020 2020 2020 2020 2021
Vic Jul-16
Vic Jul-17
SA Jul-16
⚫SA Jul-17
Current Dispatch: 17:40
$ 30.60
$-1000
49
61
549
$ 29.53
292
$ 25.20
$ 27.45
Grid stability is becoming an important concern due to:
■ Intermittent power
■ Renewable mandates and certificates
■ Withdrawal of both base-load and peak-load fossil supply
LCK
SOUTH
LEIGH CREEK ENERGY
AUSTRALIA
www.lcke.com.au
ASX: LCK
The National Electricity Market on the
day of the South Australian Blackout,
28 September 2016
7View entire presentation