AGL mulls investor demands to quit coal in the 2030s

AGL mulls investor demands to quit coal in the 2030s

AGL has reported a sharp fall in underlying profit after a turbulent year of volatile prices,power plant outages and an uprising by billionaire investor Mike Cannon-Brookes.

  • byNick Toscano

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Power companies switch off support for key clean energy proposal

Power companies switch off support for key clean energy proposal

Power companies are opposing a key energy policy designed to help Labor deliver its climate ambitions,but experts say state ministers can ease the stand-off.

  • byMike Foley
Generators warn power grid reforms will drive up bills

Generators warn power grid reforms will drive up bills

Energy giants AGL and Snowy Hydro have taken aim at the government’s controversial strategy to shore up the power grid by paying generators to be on standby.

  • byNick Toscano
Victorian hydro scheme to play bigger role in green power shift
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Energy

Victorian hydro scheme to play bigger role in green power shift

Victoria’s largest hydropower scheme will undergo a $40 million expansion to boost support for renewables and avert the threat of blackouts and rising bills.

  • byNick Toscano
‘We cannot retreat’:Businesses warn a return to work from home won’t work for them

‘We cannot retreat’:Businesses warn a return to work from home won’t work for them

The business community is grappling with how to balance staff safety with productivity as COVID cases surge.

  • byEmma Koehn andPaul Sakkal
Power giants feel heat on coal closures,green energy plans

Power giants feel heat on coal closures,green energy plans

Coal plant owners including AGL will face shareholder pressure to set earlier closure dates,spend more on renewables and support their affected communities.

  • byNick Toscano
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Stranger things:Brookfield’s cover blown as battle for AGL takes thrilling turn

Stranger things:Brookfield’s cover blown as battle for AGL takes thrilling turn

AGL,which regularly trawls its own share register,quickly found an unusually named new shareholder and smelt a rat.

  • byElizabeth Knight
Intrigue as Brookfield acquires stake in AGL after failed takeover bid

Intrigue as Brookfield acquires stake in AGL after failed takeover bid

Canadian asset manager Brookfield has snapped up a 2.5 per cent stake in power giant AGL,fuelling speculation it may seek to revive a takeover push.

  • byNick Toscano
Energy crunch an unexpected boon for Mike Cannon-Brookes
Opinion
CBD

Energy crunch an unexpected boon for Mike Cannon-Brookes

How the crusading anti-fossil fuel billionaire tech bro could win out from Australia’s energy crunch. Plus,a new face at League HQ.

  • byKishor Napier-Raman andNoel Towell
AGL extends Latrobe Valley coal power outage as energy crunch persists
Updated
Energy

AGL extends Latrobe Valley coal power outage as energy crunch persists

A key unit at Victoria’s largest coal-fired power station will remain out of service for more than three months,deepening concerns about energy security and soaring power and gas prices.

  • byNick Toscano
Life is fines for ‘Australia’s next prime minister’ Craig Kelly
Opinion
CBD

Life is fines for ‘Australia’s next prime minister’ Craig Kelly

The United Australia Leader – who is now unemployed – has been hit with $14,250 worth of fines over election posters by Parramatta Council,and he’s not happy.

  • byKishor Napier-Raman andNoel Towell