David Leitch is a regular contributor to Renew Economy. He is principal at ITK, specialising in analysis of electricity, gas and decarbonisation drawn from 33 years experience in stockbroking research & analysis for UBS, JPMorgan and predecessor firms.
To go into big wind and solar generation big-time will cannibalise AGL's coal generation profits – it's the classic problem incumbents face from industry disruption.
Despite a bumper year for renewables on Australia's grid, electricity prices remain stubbornly high. So what's going on?