AGL explores manufacturing solar panels
AGL Energy is exploring manufacturing solar panels at the site of the recently closed Liddell coal power station.
Agl Energy
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.
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.
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.
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.
AGL plots mega renewable development
AGL has finalised plans to construct a 2GW renewable energy development as its transition plans accelerate.
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.
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.
Thousands of homes still without electricity
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.
Days, even weeks before power fully restored
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.
More than 250,000 without power amid Victorian outage
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’.
‘Volatile’: 500k blacked out after power fail
Hundreds of thousands were left without power after Victoria’s major power station shut down, before wild storms knocked out transmission lines.
AGL’s Loy Yang hit by outage; ASX closes weaker
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.
First look: Stunning plans for $30m CBD tower transformation
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.
Power shock: AGL finally gets on with it
Things are finally going right for the old-world electricity generator as it prepares to bet everything on turning green.
AGL hints at power bill reprieve as profits surge
Falling wholesale electricity costs could feed through to power bills, AGL Energy has said as it defended its 400pc half-year profit bonanza.
ASX gains; AGL soars, REA drops
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.
An enormous task that requires doing things very differently
Wind farm components are scarce, transformer supply is patchy and sourcing the special steel for them is even harder. AGL boss Damien Nicks explains the vast challenges of energy transition.
Liddell demolition the beginning of the end for reliable power
Armed with the blessing of the NSW Minns Labor government, AGL Energy will begin demolishing its Liddell coal-fired power station early next year.
Green light for renewables deals a boost for NSW
A consortium will deliver an expanded renewable energy zone and AGL Energy’s $750m battery project at its former Liddell Power Station will go ahead.
CEO Survey 2024 part 1: AGL, BHP to Bunnings
The Australian surveyed asked the nation’s CEOs their views on inflation, energy and opportunities for their businesses in 2024. From AGL, BHP to Bunnings. These are their full responses.
ASX hits 10-month high; G8, Liontown gain
ASX 200 hits fresh 10-month high on Bank of Japan’s unchanged policy, outlook. SQM, Hancock’s Azure bid lifts lithium bets. G8 Education soars. New CEO for takeover target Pacific Smiles.
Torrens Island at centre of emerging battery trials
AGL will trial a new battery system – adapted from technology used in space – that’s emerging as a potential alternative to lithium-ion for grid-scale storage.
AGL avoids second strike, Cannon-Brookes demands climate action
An unambitious attitude to carbon transition is rewarding AGL executives with bonuses for ‘standing still’, the billionaire’s vehicle said.
ASX 200 gains; first strike for Fortescue
RBA ‘resolute’ on CPI returning to target. Backlash against payouts to former Fortescue execs. Pro Medicus founders’ $176m selldown. AGL avoids second strike as Cannon-Brookes demands climate action.
The digital guru determined to keep the lights on at AGL
If Dave Bartolo can pull off his latest project at AGL it will be, in his words, a miracle. And save the energy giant millions of dollars.
Strain on grid from EVs smaller than expected
Electric vehicle owners respond to price signals from tariffs and charge in off-peak periods, allaying concerns that Australia’s electricity grid may struggle with the rise of zero emission cars.
AGL firms fined for power breaches
Two AGL power stations have been handed fines after they admitted to inadvertently breaching their promise to be available to supply emergency power.
AGL to be fined millions over compliance fail
Two separate power stations in NSW and Victoria are set to be fined millions after admitting they were not ready to supply power in an emergency.
Brace for 1970s-style blackouts: ex-AGL boss
APA chair and former AGL boss Michael Fraser says a reality check is needed on energy, as Australia stumbles over its efforts to hit net zero targets by the end of the decade.
Original URL: https://www.theaustralian.com.au/topics/agl-energy/page/2