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The Latest Breaking News from Damien Nicks

Transition 'well under way' as AGL rejects nuclear push

Energy giant AGL has posted a stellar profit on higher power prices, taking the lead in the transition and dismissing nuclear as too costly and too late.

AAP

‘Raises red flags’: Coalition nuclear power plan met with widespread scepticism from business groups

Australian energy sector and industry groups warn of risk of cost blowouts and destroying private sector investment

The Guardian - AU

Why support for nuclear power is burning bright in Muswellbrook

Muswellbrook residents express support for nuclear energy.

Newcastle Herald

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Australia’s big electricity generators say nuclear not viable for at least a decade

AGL Energy, Alinta, EnergyAustralia and Origin Energy say they will remain focused on renewables despite Coalition support for nuclear reactors

The Guardian - AU

AGL says no to nuclear power station at Liddell site

AGL rules out using Liddell site for future nuclear power station

Newcastle Herald

Bushfire survivors bring home renewable energy message

Survivors of bushfire say they want everyone to live in a home that is safe from extreme impacts of climate change, which demands a rapid rollout of renewables.

AAP

AGL Energy posts $576m half-year profit as it rejects accusations of price gouging consumers

The company’s CEO says he’s ‘acutely aware of the cost of living pressures both our customers and the broader community is under’

The Guardian - AU

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Largest emitter AGL battles delay, billionaire activist

Australia's biggest emitter AGL has avoided a second strike on executive pay but the largest shareholder is demanding an end to "old thinking" on energy supply.

AAP

AGL’s profits to boom as customers suffer massive price hike

AGL Energy has upgraded its profit outlook on increased generation and a reduction in forced outages but expects bill stress to rise as inflation remains high.

The New Daily

AGL ups profit outlook amid 'tough period for everyone'

AGL Energy has upgraded its profit outlook on increased generation and a reduction in forced outages but expects bill stress to rise as inflation remains high.

AAP

'I've never seen anything like it': Liddell's last moments

Liddell sent its final power to the grid at 10.15am on Friday.

Newcastle Herald

AGL Energy boss optimistic on fully decarbonised nation

AGL chief executive Damien Nicks is putting a turbulent year behind him and is optimistic the company can spark a fully decarbonised economy.

AAP

Loy Yang A’s premature closure puts pressure on renewable energy to replace fossil fuels

AGL is speeding up the closure of one of Australia’s biggest carbon polluting power plants, but a solid replacement is yet to take shape.

The New Daily

Amid rush to exit coal, AGL’s challenges are only just beginning

Energy retailer says it will need to find $20bn to meet its raised goal of adding 12 gigawatts of new wind and solar plants and storage by 2036

The Guardian - AU

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AAP

AGL catches up to peers with climate plan

Under AGL Energy's first climate transition plan, closing one coal-fired power station a decade early will avoid 200 million tonnes of greenhouse gases.

Newcastle Herald

AGL Energy to accelerate exit from coal

Australia's largest electricity generator AGL Energy - operator of the Liddell and Bayswater power stations in the Hunter Valley - will go "net zero" after abandoning plans to split into two companies.

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