Agl Energy

31/03/2017: Business Council of Australia President Grant King made his inaugural speech at the The Australia-Israel Chamber of Commerce lunch in Sydney on Friday. The former CEO of Origin Energy made the speech at a time when federal government considering business's appeal for tax cuts which may be knocked back in Senate tonight. Hollie Adams/The Australian

Transgrid taps former Origin boss as new chair

The energy company has appointed former Origin Energy boss Grant King as its new chairman – a job that will see him join ex-AGL Energy chief to help transform its operations.

energyRenewable energy & economy

05/07/2024. Markus Brokhof, Chief Operating officer AGL pictured at former open-cut coal mine site outside of Muswellbrook which is in the process of being regenerated and developed into a pumped hydro project. The basin of the former coal mine will become the lower reservoir of the hydro project. AGL Energy exclusive site tour of Liddell and Bayswater power stations located in the Hunter Valley south of Muswellbrook in NSW, as they prepare for shutdowns and re-purposing of the sites. Britta Campion / The Australian

AGL sees benefits in pumped hydro

AGL Energy will explore upgrading three of its hydro power plants to run as pumped hydro facilities to capitalise on the price volatility that plagues Australia’s energy market.

energyRenewable energy & economy

(L-R) Melissa Gander, Chief Executive of Kaluza, Stephen Fitzpatrick Founder of OVO Energy and Kaluza, Jo Egan Chief Customer Officer, AGL and Damien Nicks Chief Executive of AGL. Picture: Giles Campbell-Wright / AGL

AGL Energy buys 20pc stake in tech platform for $150m

AGL Energy will then migrate its nearly 4 million customers on to a new technology platform as it looks to answer the success of rival Origin Energy.

Trading DayTrading Day

The All Ordinaries index is displayed on the Australian Stock Exchange (ASX) trading board in Sydney, Thursday, January 16, 2020. The ASX has hit a record high this morning, with the ASX 200 index going past 7000 for the first time ever. (AAP Image/Bianca De Marchi) NO ARCHIVING

ASX drops; ANZ shifts rate cut to Feb

The local sharemarket has closed sharply in the red on market concerns that US and Australian interest rates will stay higher for longer.

EnergyRenewable energy & economy

The Hornsdale Power Reserve big battery at Jamestown, South Australia.Owned by Neoen, the batteries are supplied by Tesla. The size has beenincreased from 100MW/129MWh to 150MW/197MWh. The battery installation isalongside the Hornsdale wind farm. September 2020. Picture supplied by Neoen

Brookfield bounces back with green giant takeover

The $10bn deal to buy Australia’s biggest renewable energy giant Neoen kills off any lingering interest from Brookfield in previous takeover targets Origin Energy and AGL.

energyRenewable energy & economy

Vestas V112 installation at AGL's Macarthur wind farm in Victoria, Australia: Photo courtesy of Vestas Wind Systems A/S

AGL seeks faster green energy approvals

Power giant AGL has upgraded its annual earnings guidance for the second time in three months and at the same time called for speedier approvals of new projects.

EnergyMining & Energy

Power lines at the AGL Power Station at Torrens Island in Adelaide, Monday, November 4, 2019. (AAP Image/Kelly Barnes) NO ARCHIVING

Two factors set to push AGL profits up by $500m

AGL Energy’s full year profit is likely to be about half a billion dollars higher than last year, the company has said in its second earnings upgrade in three months.

Trading DayTrading Day

SYDNEY, AUSTRALIA: Newswire Photos- NOVEMBER 07 2023: A general view of the digital boards at the ASX in Sydney as the Reserve Bank meets today to discuss another rate rise. Photo by: NCA Newswire /Gaye Gerard

ASX 200 climbs 1.4pc, AUD down after RBA

RBA board considered a rate hike, ‘not ruling anything in or out’. Inquiry wants steps to combat supermarket giants’ power. Earnings upgrade lifts AGL. ANZ profit down, $2bn buyback ahead. Sims tanks.

EnergyMining & Energy

05/05/2023. Gerard Spinks, 59, Bayswater plant assistant manager, has worked in coal fired plants for more than four decades and is concerned about what will happen to workers as the economy detransitions. Photographed with Bayswater Power station in the background, 15 minutes south of Muswellbrook in NSW. Britta Campion / The Australian

AGL eyes UK-based OVO Energy’s tech platform

AGL Energy is considering the value of OVO Energy’s technology platform as it seeks to compete against Origin Energy’s purchase of Octopus in the UK.

POLICYPolitics

TOPSHOT - An aerial view of a solar farm nearing completion in Heckfield near Hook, Hampshire on April 23, 2023. The solar farm is on target for completion in 2024 and is estimated to provide power to more than 6000 homes. It will have 33,102 bifacial solar panels, generating more than 19,000 MWhs of energy per annum. (Photo by Adrian DENNIS / AFP)

Energy at mercy of ‘ad hoc’ transition

Anthony Albanese’s push for net zero emissions is ‘uncoordinated’, a new report warns.

ExclusiveMining & Energy

Facilities to receive and distribute natural gas are pictured on the grounds of gas transport and pipeline network operator Gascade in Lubmin, northeastern Germany, close to the border with Poland, on August 30, 2022. - Lubmin's industrial infrastructure includes a receiving and distribution station for the Nord Stream 1 pipeline and is also the place where the finally canned Nord Stream 2 pipeline for more gas from Russia comes to shore. The construction of a terminal to receive LNG at the site is planned. Government measures to assure supplies of gas over the winter have prepared Germany to deal with further curbs in Russian deliveries, Chancellor Olaf Scholz said on August 30, 2022, a day before Moscow is due to cut off gas supplies for three days. (Photo by Odd ANDERSEN / AFP)

AGL: Gas import terminals needed to avoid shortfall

Australia will need more than one LNG import terminal to safeguard east coast supplies and prevent a devastating shortfall, one of AGL Energy’s most senior executives says.

ExclusiveRenewable energy & economy

05/07/2024. Bayswater Power station which is currently still operational but also scheduled for eventual closure. AGL Energy exclusive site tour of Liddell and Bayswater power stations located in the Hunter Valley south of Muswellbrook in NSW, as they prepare for shutdowns and re-purposing of the sites. Britta Campion / The Australian

AGL: Aussies willing to pay extra for homemade solar

The Liddell coal-fired power station is silent after more than 50 years and AGL Energy plans to transform the 10,000ha site into a renewable energy hub, keeping jobs in the region.

energyRenewable energy & economy

Solar panels installs on Mornington Peninsula houses after July 1, 2024 could deliver a 20 per cent rate cut for up to five years.

AGL explores manufacturing solar panels

AGL Energy is exploring manufacturing solar panels at the site of the recently closed Liddell coal power station.

energyMining & Energy

THE AUSTRALIAN. Transmission power lines near the Stubbo solar farm development. Residents of Mudgee and surrounds have concerns about a number of developments that are part of the Central-West Orana renewable energy zone. 09/02/2024. Picture by Max Mason-Hubers

Power price cut ‘risks profit’ of big providers

The Australian Energy Regulator Australians is delivering relief to consumers’ electricity bills but it will come at a cost to the profits of Origin and AGL, and dent competition, say experts.

Trading DayTrading Day

SYDNEY, AUSTRALIA: NewsWire Photos: MARCH 18 2024: A general view of the digital boards at the ASX in Sydney. Picture: NCA NewsWire/ Gaye Gerard

Inflation war ‘isn’t yet won’: RBA; ASX up

Bullock says ‘the war isn’t yet won’ on inflation, RBA ‘not ruling anything in or out’. Dollar falls. Telstra hit with two-hour outage. Bank of Japan’s first hike in 17 years. Takeover targets Pacific Smiles, Boral gain.

Nuclear debatePolitics

SYDNEY, AUSTRALIA: NewsWire Photos: MARCH 12 2024: The Leader of the Opposition Peter Dutton is in Sydney and makes a speech at the Australian Financial Review Business Summit. Picture: NCA NewsWire / Gaye Gerard

Coalition nuke plans muddy landscape: AGL

Australia’s biggest electricity generator has slammed a nuclear push by the Opposition, ruling out the technology in a move that may sideline a plan to station a reactor in the Latrobe Valley.

Trading DayTrading Day

Pedestrians are reflected in a window as they walk past an electronic stock board at the ASX Ltd. exchange centre in Sydney, Australia, on Thursday, Feb. 14, 2019. âWe made good progress on our core initiatives across the period, including the program to replace CHESS with distributed ledger technology; upgrade of our secondary data centre to strengthen market resilience; and restructure of our Listings Compliance team to enhance the quality of market oversight,â ASX Chief Executive Officer Dominic Stevens said. Photographer: David Moir/Bloombergrket resilience; and restructure of our Listings Compliance team to enhance the quality of market oversight,â ASX Chief Executive Officer Dominic Stevens said. Photographer: David Moir/Bloomberg

ASX’s biggest weekly fall in six months

ASX down 2.3 per cent this week. AGL slams nuclear debate as muddying landscape. ASIC concerned by Westpac process. Tabcorp CEO’s comment was about female regulator. ARN Media lifts Southern Cross bid.

exclusiveMining & Energy

TRARALGON, AUSTRALIA - AUGUST 17: A general view of the Loy Yang power plants as the sun rises on August 17, 2022 in Traralgon, Australia. The Greens will introduce a bill to state parliament this week proposing the closure of Victoria's remaining coal plants - Yallourn, Loy Yang A, and Loy Yang B - by 2030 ahead of the current plan for decommissioning by 2046. (Photo by Asanka Ratnayake/Getty Images)

AGL plots mega renewable development

AGL has finalised plans to construct a 2GW renewable energy development as its transition plans accelerate.

energyMining & Energy

31/10/2017: Eraring Power Station, New South Wales' largest coal-fired power station, is taking on extra coal and lifting output 10 per cent ahead of summer peaks. Hollie Adams/The Australian

Energy market signals being distorted: AGL

A scheme allowing state governments to delay the closure of coal-fired power stations would complicate the country’s energy transition, AGL Energy has warned.

VICTORIAPolitics

MELBOURNE, AUSTRALIA - NewsWire Photos, FEBRUARY 07, 2023: Victorian Premier Daniel Andrews holds a press conference on the first day of Parliament in Melbourne with Lily D'Ambrosio the Minister for Climate Action. Picture: NCA NewsWire / David Crosling

State in the dark on blackout probe

Victorian Energy Minister Lily D’Ambrosio has refused to provide any details of who the “experts” will be, nor confirm whether they have yet been appointed.

Original URL: https://www.theaustralian.com.au/topics/agl-energy