AGL Energy defends 2050 coal exit date

Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 23 : 13-Aug-15

AGL Energy has defended its decision to stick with coal-fired power generation until 2050, claiming an earlier exit would put jobs at risk, threaten the competitivess of some industries and increase electricity prices. CEO Andy Vesey also emphasised the importance to AGL of the Gloucester coal seam gas project in New South Wales, a target of environmental activists.

CORPORATES
AGL ENERGY LIMITED – ASX AGL, MACQUARIE GENERATION, JP MORGAN AUSTRALIA LIMITED

‘Green’ paper smells foul to some

Original article by Lucille Keen
The Australian Financial Review – Page: 11 : 24-Sep-14

The Australian Government’s energy proposals may increase the price of power for many households. The "green" paper proposes changes in the pricing of electricity to give consumers greater control over their use of energy. Narelle Rothery of South Australia said that it would be difficult for families to move household power usage to off-peak periods

CORPORATES
GREEN INITIATIVES PTY LTD

Case for electricity tariff reform ‘clear’

Original article by Adam Creighton
The Australian – Page: 18 : 18-Jul-14

AGL Energy’s chief economist, Paul Simshauser, argues that adopting an electric power tariff system based on the time of use could boost economic activity. He estimates that productivity could potentially increase by around $A1.6bn annually. Research by AGL suggests that nearly 66 per cent of Australian households that take up time-based tariffs are financially better off. He says an opt-out system for flexible tariffs may be the best approach

CORPORATES
AGL ENERGY LIMITED – ASX AGK