AGL Energy Ltd
AGL Energy Limited is an Australia-based company, which operates an electricity generation portfolio, comprising coal and gas-fired generation, renewable energy sources such as wind, hydro and solar, and others.
The business
AGL Energy Limited is an Australia-based company, which operates an electricity generation portfolio, comprising coal and gas-fired generation, renewable energy sources such as wind, hydro and solar, and others. The Company also owns an electric vehicle (EV) software platform. The Company's segments include Customer Markets, Integrated Energy and Investments. The Customer Markets segment comprises the consumer and large business customer portfolios responsible for the retailing of electricity, gas, broadband/mobile/voice, solar and energy efficiency products and services to residential, small and large business customers. The Integrated Energy segment operates its power generation portfolio and other key assets, including coal, gas, wind and hydro generation facilities, grid-scale batteries, natural gas storage and production facilities, and development projects. The Investments segment comprises its interests in the ActewAGL Retail Partnership, Tilt Renewables, and other investments.
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AGL expands renewables pipeline with $250m acquisition of Firm Power and Terrain Solar
AGL Energy (ASX: AGL) will spend $250 million to acquire battery energy storage system (BESS) developer Firm Power and solar project company Terrain Solar, along with an 8.1-gigawatt pipeline of renewable energy projects. The pipeline comprises 27 developments including 6.1GW of grid-scale BESS projects, 1.8GW of solar projects and 250 megawatts of onshore wind assets […]
EnergyQuest urges governments to address east coast gas shortfall as energy crisis looms
Leading Australian oil and gas research firm EnergyQuest says governments need to devise a new strategy to address a significant looming shortage in gas supply on the east coast. In a report titled “Time for a Plan B?”, EnergyQuest stated that the market still faces the same issues it forecast in 2019—a shortfall in east […]
AEMO calls for urgent investment increase as east coast gas crisis looms
The energy industry has again called for more investment to be made into the east coast gas market after a new report highlighted the potential for significant looming shortages. Industry lobby group Australian Energy Producers (AEP) warned that gas generators “may soon burn diesel” at extra cost and emissions to plug energy shortages unless new […]
Blue Energy secures AGL sales deal to boost east coast gas supply
Blue Energy (ASX: BLU) has achieved a significant breakthrough with the signing of a non-binding heads of agreement (HoA) with leading Australian energy utility AGL Energy (ASX: AGL). The HoA is for the supply of up to 300 petajoules of gas deliverable at Wallumbilla over ten years from Blue Energy’s Northern Bowen Basin ATP814 coal […]
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