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China’s State Grid Sells AusNet Stake for $1.3 Billion - Investment more than doubles over nine years under the power giant’s overseas electricity transmission and generation market strategy
‘Someone’s got to pay’ if AGL’s coal power plants shut in 2030, says chief executive Graeme Hunt, warning of the impact on consumers.
The government is reserving the right to invoke energy supply concerns under a national interest test to potentially block a proposed $8 billion takeover of AGL Energy.
Mike Cannon-Brookes’ Grok Ventures knew that if it was serious about solving big problems to shape a better future, why not come up with a plan for Australia’s AGL Energy.
The government is apprehensive about more early closures of coal-fired power stations, but it will be the economics, not politics that determines the timing.