AGL

AGL operates Australia’s largest electricity generation portfolio, with an operated generation capacity of 10,984 MW, which accounts for about 20% of the total generation capacity in the National Electricity Market. See below for the latest AGL News, Analysis, Profit Results, Share Price Information, and Commentary. 

EnergyCo awards A$9.45m funding to pumped hydro project

It will fund the targeted geotechnical due diligence programme, amongst others.

EnergyCo awards A$9.45m funding to pumped hydro project

It will fund the targeted geotechnical due diligence programme, amongst others.

AGL underlying profit down 58% YoY in FY2022

A drop in trading and origination electricity earnings contributed to this.

AGL expands green hydrogen study in Hunter Energy hub

Fortescue Future Industries will provide green hydrogen for the project.

AGL invests $27.7m to upgrade Clover hydro power station

This will add 14MW to the output capacity of the Kiewa Hydro Scheme

Over $3.7b battery storage projects compete for ARENA funding

ARENA has invited 12 projects to apply for $100m funding. 

AGL-led consortium to study green hydrogen energy hub dev’t at Torrens Island

This will cater to users in South Australia and interstate, and even export markets.

AGL Energy withdraws demerger proposal 

The company believes it will not receive the required 75% approval threshold. 

Australia under 'dramatic transformation' as it adds 50GW renewables

The country expects its electricity will be supplied by renewable sources by 2025.

AGL acquires biogas plants provider Energy360

This is support of Australia’s clean energy transition.

AGL, Nu-Rock to assess feasibility of repurposing coal ash

The companies want to convert industrial waste materials to construction bricks.

AGL, Neoen enter virtual battery charging deal

AGL will charge and discharge up to 70MW of Neoen’s 100MW/200MWh Capital Battery.

ARENA grants $14m funding for AGL’s Broken Hill battery project

This will help fund the 50MW/50MWh lithium-ion large scale battery storage.

AGL shuts down gas power unit in South Australia

Renewables continued lowering of power prices makes it harder for fossil fuels to compete.