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AGL Energy

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AGL Energy's Andy Vesey sees batteries 'changing the world'

The Sydney Morning Herald - ‎May 24, 2016‎
AGL Energy chief executive Andy Vesey has singled out the advance in battery storage as the factor that will "change the world" of energy investment over the next few years, with a significant impact on both businesses and individual consumers ...

AGL eyes power storage in 1000 homes to tap solar surge

Energy Voice - ‎13 hours ago‎
AGL Energy Ltd. plans to announce a program within a few months to roll out about 1,000 power-storage systems for Australian homes with rooftop solar panels amid forecasts that falling prices will stimulate demand.
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Battery Storage To Change World

ChannelNews - ‎May 25, 2016‎
AGL Energy chief executive Andy Vesey believes the price of battery storage of renewable energy will drop 60pc in the next five years, potentially changing the world of energy investment.

What's AGL Energy Ltd Upside After Today's Huge Increase?

Wall Street Hints and News - ‎May 24, 2016‎
The stock of AGL Energy Ltd (ASX:AGL) is a huge mover today! The stock is up 0.37% or $0.07 after the news, hitting $18.83 per share.

Electricity networks: Death of the 'Death Spiral' as old and new collaborate

The Australian Financial Review - ‎May 22, 2016‎
AGL Energy chief executive Andy Vesey, who announced the company would withdraw from coal-fired power by 2050 after being appointed last year, told the conference "who competes where" is "the wrong wrong argument".
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Energy: Let ageing plant close but beware higher electricity prices, says industry

The Australian Financial Review - ‎11 hours ago‎
AGL Energy plans to close all its existing coal power plant by 2050, including the 2180 megawatt Loy Yang A, by 2048. Loy Yang A has generated just more than 16,000 megawatt hours each year for the past three years, down from 17,163 in 2012.

AGL in $2bn renewables fund

The Australian - ‎May 24, 2016‎
The fund is looking to develop projects that would generate more than 1000 megawatts of renewable energy for $2bn-$3bn. AGL is to seed the fund with its 155MW solar energy projects at Nyngan and Broken Hill while also taking a “corner stone” equity ...
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Heat on prices as $144 gas cut flows

Courier Mail - ‎May 26, 2016‎
“I am pleased to confirm that, as determined by the Australian Energy Regulator (AER) on 26 May 2016, AGL will pass on the full reduction in gas network costs.

Electricity market model smashed by technology, says AGL boss Vesey

The Advertiser - ‎May 20, 2016‎
TECHNOLOGY has smashed the electricity market's business model and radical change is inevitable, AGL managing director Andy Vesey says.

5 things you need to know in Australian tech today

Business Insider Australia - ‎May 24, 2016‎
AGL's boss says energy storage batteries will change the world. AGL Energy chief executive Andy Vesey said yesterday that battery advances will “change the world” of energy investment in the short term, with a significant impact on both businesses and ...

Stocks close 1.45pc stronger

The Australian - ‎May 24, 2016‎
Energy stocks led the gains with a 2.7 per cent lift while the financial and materials sector were also flashing green, up around 1.5 per cent each, while consumer staples lagged as Wesfarmers' Target and coal-related writedown weighed on the sector.

Oil To Follow Gold: Producers Outperform Commodities

Spring FG Limited (registration) - ‎13 hours ago‎
ORG has its utility retailing business which provides core stable earnings just like AGL, which is an attractive business in its own right.
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The Torrens Island Power Station.

The Advertiser - ‎May 22, 2016‎
In a statement this afternoon, AGL said: “At approximately 7.30am water used for cooling was discovered by AGL operators pooling in the inlet area of AGL's Torrens Island power station.” “Emergency services were immediately called to assist with ...
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Is NextEra Energy Looking at Oncor Electric Again?

Market Realist - ‎May 26, 2016‎
With the acquisition of Oncor, NextEra Energy (NEE) can extend its regulated operations in Texas. NextEra Energy made an offer in the middle of last year to buy Oncor Electric that valued the company at $17.5 billion.

Trouble with Harry Triguboff of Meriton

The Australian - ‎May 25, 2016‎
And while the two will not butt heads directly in markets, they are both chasing investors who want exposure to the battery markets that AGL's “Fast and Furious” chief Andy Vesey says will turn the energy world on its head. Askew, a mining director of ...

Morning Headlines

Business News - ‎May 24, 2016‎
AGL Energy chief executive Andy Vesey has singled out the advance in battery storage as the factor that will ''change the world'' of energy investment over the next few years, with a significant impact on both businesses and individual consumers.
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Networks and retailers fight for solar + storage market, and energy future

RenewEconomy - ‎May 18, 2016‎
That's why the networks are keen to get in behind the metre, and the big gentailers - such as Origin Energy, AGL Energy and EnergyAustralia - and many smaller players are keen to keep them out. It promises to be one of the biggest and most significant ...

Shares open 8pts lower

Business News - ‎May 23, 2016‎
Among energy stocks, while AGL Energy was up 16 cents to $18.69, Woodside, Santos and Oil Search were in the red. Among the four major banks, Commonwealth Bank and Westpac were marginally higher, while ANZ and NAB were each down 0.5 per ...
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Coalition not ready to embrace high penetration renewable energy

RenewEconomy - ‎May 19, 2016‎
However, the Australian Energy Council, which represents major suppliers like Origin Energy and AGL Energy, and other big coal and gas generators, maintained its not-so-subtle scare campaign over the situation in South Australia.

BRW rich list released soon

The Australian - ‎May 24, 2016‎
Joining Mr Chook himself on the panel were 21st Century Fox director Sir Rod Eddington, Telstra director Nora Scheinkestel and surprise guest Vin Diesel, who was curiously well across the workings of energy company AGL. Really, AGL should keep the ...