AGL Archives - Page 6 of 7 - Renew Economy

Markets

AGL’s surprisingly soft results, and a question over future of Portland smelter
AGL’s results were surprisingly soft, but the key for investors this year will be the future of the Portland smelter and the rival Halewood generator.
David Leitch

Aug 10, 2016

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Markets

AGL Energy’s surprising profit downgrade, as gas prices spike
AGL Energy’s future in gas is problematic, but the extent of its problems revealed this week is surprising.
David Leitch

Jul 8, 2016

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AGL renewables fund just a greener shade of black
AGL can add all the green garnishes it wants to its fossil fuel diet, but until the base menu is changed, these token acts won’t add up to much.
Kara Sonter

Feb 24, 2016

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AGL quits coal seam gas, to focus on “energy evolution”
AGL cites low oil and gas prices for sudden exit from gas exploration and production, and all its coal seam gas assets. Environmentalists hail major victory, as AGL says it wants to focus on “energy evolution”.
Giles Parkinson

Feb 4, 2016

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AGL’s Vesey: We’re not sure what future business model is
AGL Energy chief says rooftop solar, battery storage, and the “internet of things” will redefine the energy market and change business models – he’s just not sure what to, yet. Andrew Vesey speaks of “virtual power plants” that may replace large generators, but is not convinced he needs to follow international utilities and split assets.
Giles Parkinson

Dec 10, 2015

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AGL adds two new, larger battery systems to energy storage suite
AGL launches two new residential battery offerings from Sunverge aimed at households who are large energy consumers and have between 4-5kW of rooftop solar.
Sophie Vorrath

Nov 12, 2015

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Broken Hill 53MW solar plant nears full generation, as last PV modules installed
AGL’s 53MW Broken Hill solar farm on track to be fully operational by end 2015, after First Solar installed last of the NSW project’s PV modules.
Sophie Vorrath

Oct 12, 2015

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Utilities told capital strike worked once, now they have to build wind and solar
Environment minister Greg Hunt says the Renewable Energy Target is ‘rock solid’ and Australia’s energy majors have “no excuse” for not investing in large-scale renewables. The problem is, right now there are no investments, and no commitments by the utilities.
Giles Parkinson

Oct 9, 2015

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Beginning of the end for fossil fuels? Panic sweeps global markets
Financial markets are finally catching up to the news: Fossil fuels are in decline in both transport and electricity, and the woes of VW and Glencore. Even the Bank of England has sounded a warning. Meanwhile, the likes of BHP, Origin and AGL are trying to convince investors that everything is OK.
Giles Parkinson

Sep 30, 2015

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Coal heavy AGL to invest in renewables “if and when” investment climate improves
AGL defends coal plant buying spree, saying it would provide funds to invest in renewables “if and when” investment climate improves.
Giles Parkinson

Sep 30, 2015

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Broken Hill solar plant achieves first generation
The first 26MW of the Broken Hill Solar Plant in NSW have been switched on and are feeding energy into the grid.
Sophie Vorrath

Sep 17, 2015

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AGL targets 400MW rooftop solar in push into New Energy
AGL Energy sets out an ambitious solar target for its new energy division, but continues to hedge its bets between future technology and ageing fossil fuel generation.
Giles Parkinson

May 26, 2015

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