Company type | Public |
---|---|
ASX: AGL S&P/ASX 50 Component | |
Industry | |
Founded | 1837 |
Headquarters | Sydney, New South Wales, Australia |
Key people | Damien Nicks (CEO)[1] |
Products | |
Services |
|
Revenue | A$1,218 million (2022)[2] |
A$860 million (2022)[2] | |
Subsidiaries |
|
Website | www |
AGL Energy Ltd is an Australian listed public company involved in both the generation and retailing of electricity and gas for residential and commercial use.[3] It is one of the "big three" retailers in the National Electricity Market.[4] AGL is Australia's largest electricity generator, and the nation's largest carbon emitter.[5] In 2022, 83% of its energy came from burning coal.[6]
It is, however, targeting 12 gigawatts of new renewable energy by 2035, when all of its coal fire generators are aimed to be closed.[7][8] It closed Liddell Power Station in 2023, but aims to close Bayswater Power Station in 2033, and Loy Yang A Power Station in 2035.[9]