9 May 2018: ““The concern is that Enemalta would have direct evidence of the extra costs incurred by buying LNG at a high price in today’s market,” Poten – Electrogas’s energy consultants – wrote in the report.”
“Poten said in its report that if these take or pay requirements did not exist, it would make more financial sense for Enemalta to use the interconnector, rather than running the D3 and new Electrogas power plants.”
“Poten calculated that the cost of generation of both the D3 and Electrogas plants, excluding fixed costs, would be approximately €72/MWh.”
“Poten said the average cost of buying from the interconnector from January 2016 to September 2016 was €46/MWh.”
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