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AGL Energy Provides Statement on Liddell Power Station

06 Sep 2017  |  09:04:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: AGL statement on Liddell Power Station

AGL Energy announced that it notes speculation in relation to a potential sale of the Liddell Power Station, or extension of the operating life of the power station, following comments made by the Prime Minister. It has committed to the closure of the Liddell Power Station in 2022, which is the end of its operating life. It provided this advance notice in April 2015 to avoid the volatility created by the sudden exit from the National Electricity Market of other coal-fired power stations. It recognises community and government concerns in relation to energy security, as highlighted in the Australian Energy Market Operator's 2017 Electricity Statement of Opportunities published and continues to assess the capacity that will be needed post 2022 to replace Liddell.

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