Faked scientific findings can send other researchers off on dead-end trails, pursuing world-changing, lifesaving results that can’t exist. Universities must stop it before it’s too late.
AGL has also unveiled a target of formally approving the construction of 1.4GW of batteries over the 12-18 months, if the regulatory landscape improves.
CBA and Computershare hit records. Woolworths cutting jobs. AGL narrows guidance after profit fall. Suncorp’s March cash windfall, buyback promise. Star ex-boss: Casino ‘run in clean and legal’ way. BHP appoints new chairman. US CPI data next equity markets trigger.
An illusion of control seems precious when so much of life is uncertain.
Recent coal power outages have lifted wholesale electricity contracts which could flow through to bills, in a move that would hit households but boost AGL and Origin.
A major Aussie power company has been slapped with a $25m fine over charges to disconnected welfare recipients.
Damien Nicks of the nation’s biggest power generator says its critical to provide secure, affordable energy while funding the renewables rollout.
Opposition from AGL has scuppered Delta Electricity’s hopes to guarantee financing into 2025, leaving the future of its Vales Point coal power station up in the air.
Broken Hill plight exposes the gap between the promise of renewable energy and what it actually delivers.
Alcoa of Australia has locked in power supplies for its Portland aluminium smelter out to mid-2035, with a new deal with AGL providing more security for the future of the operations.
Renewable energy will generate 82 per cent of Australia’s power by 2031 or 2032 which is a year or two later than targeted, Transgrid chief Brett Redman says.
AGL Energy’s new technology business, Kaluza, plans a fivefold expansion of customer accounts to challenge Origin Energy’s own investment – market leader Octopus Energy.
The retirement of Patricia McKenzie is a surprise after just two years in the job, but the outgoing chair has said she came in to stabilise the company and annual results demonstrate that the job is done.
RBNZ begins easing with first rate cut since 2020. ASIC sues ASX over CHESS statements. APRA orders review into CFMEU-linked super funds. CBA profits slip. Seven Group underlying profit jumps, Seven West Media earnings sink.
The energy group’s new investment Kaluza is expanding into Japan – pitting itself against Origin Energy’s own play, Octopus Energy.
The energy sector’s rule maker has proposed a tweak to give greater returns to households with solar and batteries, which it hopes will spur increased uptake and less need for grid-scale developments.
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.
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.
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.
The local sharemarket has closed sharply in the red on market concerns that US and Australian interest rates will stay higher for longer.
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.
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.
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.
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.
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.
Anthony Albanese’s push for net zero emissions is ‘uncoordinated’, a new report warns.
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.
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.
AGL Energy is exploring manufacturing solar panels at the site of the recently closed Liddell coal power station.
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.
Original URL: https://www.theaustralian.com.au/topics/agl-energy