Energy at mercy of ‘ad hoc’ transition
Anthony Albanese’s push for net zero emissions is ‘uncoordinated’, a new report warns.
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.
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.
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.
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.
AGL has finalised plans to construct a 2GW renewable energy development as its transition plans accelerate.
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.
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.
Some 55,000 Victorian households remain disconnected from the state’s electricity grid more than two days after wild weather downed transmission towers and power lines.
AGL says Victoria’s largest coal-fired power station will resume operating today, although tens of thousands may have to wait weeks for power to be fully restored.
AGL Energy will restore full operations at its Loy Yang coal power station within 24 hours, however many Victorians could be left without power for ‘days, if not weeks’.
Hundreds of thousands were left without power after Victoria’s major power station shut down, before wild storms knocked out transmission lines.
ASX 200 closes down 0.2pc at 7603.6points. Loy Yang A station offline. Callide C station failure report out. Macquarie hit by profit warning, star exit. Challenger lifts. Seek, Lew-backed Breville, Seven West and James Hardie fall.
A $30m revamp of a city office tower has kicked off, with an energy giant set to move in from its longstanding city fringe home. See the plans.
Things are finally going right for the old-world electricity generator as it prepares to bet everything on turning green.
Falling wholesale electricity costs could feed through to power bills, AGL Energy has said as it defended its 400pc half-year profit bonanza.
Iron ore miners trim gains as China’s CPI falls at fastest pace since 2009. Investors back News Corp, AGL earnings updates. Cochlear up on profit upgrade. REA Group, Transurban and Alliance Aviation drop.
Original URL: https://www.theaustralian.com.au/topics/agl-energy/page/2