Happy CPM Day!

July 1 is a special day. The Carbon Pricing Mechanism (CPM) comes into effect, making the Fremantle wind farm more competitive by making it less profitable to produce electricity from ground-up or liquefied dinosaur fossils.

Also, in the Western Australian wholesale electricity business, the new Balancing and Load Following Ancillary Services markets commence on July 1. These changes will make the electricity market more competitive. With our current business model they are unlikely to have a major impact on the viability of the Fremantle Wind Farm. The team will be watching as the markets settle in, and if changes are required then we’ll adjust our models accordingly.

    Comments

    1. Keena
      July 29th

      Hi! I’m at work browsing your blog from my new apple iphone! Just wanted to say I love reading through your blog and look forward to all your posts! Keep up the superb work!

      • Michael
        July 29th

        Thanks Keena, we appreciate the support. Please join us on Facebook too!