Business
‘Right moment’: AGL unveils plans for at least 1000MW of batteries – Sydney Morning Herald
Energy giant AGL has lodged a proposal to build as much as 500 megawatts of batteries at its Liddell power plant and has plans of doubling that total across the nation.
“The new build of renewables is exactly what the driver is,” he said.
AGL has planning approvals for a 500MW battery at Liddell, the ageing 1660MW power station that is slated to close by April 2023.
The Liddell battery is part of an 850MW multi-site storage plan to be installed by June 2024 that the company announced Thursday along with its earnings.
AGL reported a 22 per cent fall in underlying full-year profit and disappointed investors by providing a gloomier-than-expected outlook for the…
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