Battery boom gathers pace: Loy Yang plan
AGL’s bid to build a facility at its Loy Yang A coal plant in Victoria is the latest in a string of giant new batteries planned for Australia.
Agl Energy
Matt Kean hits out at AGL
NSW Energy Minister Matt Kean has launched an attack on AGL after it blamed the state‘s new energy policy for a decision to defer a Newcastle gas plant.
AGL to press pause as NSW powers on
AGL Energy has blamed the NSW government’s controversial energy blueprint for a decision to delay its Newcastle gas plant.
AGL adds to battery rush
AGL has added to the rush of large scale battery storage announcements, unveiling plans for a 250MW facility in South Australia.
CSR pins hopes on Tomago smelter
Building products supplier CSR will pay a special interim dividend to shareholders despite lower aluminium prices.
Gas in the mix for years, says AGL
AGL Energy argues gas will need to remain in the state’s generation mix even as it transitions to renewables.
AGL slapped with first strike
Proxy votes cast ahead of today’s shareholder meeting lobbed a strike against the energy group’s remuneration report.
Proxies claim first scalp
Proxy advisers and institutional shareholders have claimed their first major win on boardroom pay for this year’s annual reporting season.
Alcoa in talks on Portland power deal
lcoa is in talks with power generators over securing a new electricity contract for its Portland aluminium smelter in Victoria.
AGL to roll out virtual power plants
AGL Energy will offer bundled solar and battery systems to customers in Australia’s biggest states after a pilot project in South Australia.
AGL drops Portland rescue plan
AGL Energy has dumped a plan to share the burden of a new discounted power contract for Victoria’s Portland aluminium smelter.
Tomago seeks cheaper energy deal
Australia’s biggest aluminium smelter has reopened negotiations with AGL Energy to strike a cheaper electricity contract.
AGL’s LNG import terminal in the ‘wrong location’
There is overwhelming community opposition to AGL Energy’s proposed LNG import terminal in Victoria’s Mornington Peninsula.
Renewable energy only as good as its backup power
And why build a gas power plant in one of the world’s biggest thermal coal basins?
Energy players hit out at plan
The energy industry has hit back at the government’s plan for potential intervention in the power sector, saying the move may derail investment.
Energy plan: Is this Morrison’s NBN?
Scott Morrison’s fight with the energy companies has echoes of the Telstra brawl that ended up giving us the NBN.
Chevron sues Ampol over Caltex brand
Oil heavyweight Chevron is taking Ampol to court alleging breaches of trade mark licence agreements relating to the Caltex brand.
Optus chews on Click Energy sale
The $115m Amaysim netted from a sale of Click Energy to AGL Energy is further evidence the company overpaid for the business.
AGL buys Amaysim energy
AGL Energy has bought Amaysim’s energy unit, adding an extra 215,000 customers.
Vesey exits PG&E early
PG&E emerged from Chapter 11 bankruptcy in July following a restructuring after its equipment was linked to destructive wildfires that hit California in 2018.
ASX wipes week-to-date gains as Telstra drags
Shares bounced from daily lows but finished down 0.7pc under the drag of banks and ex-dividend trade in Telstra.
AGL setback on LNG plant
AGL Energy has suffered a setback over its plans to develop Australia’s first LNG import plant in Victoria.
Exec pay under pressure
Pay levels at some of the nation’s biggest companies are falling as corporate earnings succumb to the pandemic.
Coal power to make way for battery
AGL plans to convert its Liddell coal power station in NSW’s Hunter Valley into a site housing a giant battery system.
Worse to come as AGL profit sinks
AGL says underlying annual profit fell by 22pc and it expects its 2021 earnings could tumble by nearly a third.
Corporate profit reports painting a dismal picture
The impact of COVID-19 on corporate profits and the economy will be worse over the next 12 months at least, with Telstra and AGL joining CBA in issuing downbeat forecasts.
Power provider’s profits fall 22%
AGL Energy has posted a fall in full year underlying profit and flagged another due to accelerating “operating and market headwinds”.
Original URL: https://www.theaustralian.com.au/topics/agl-energy/page/14