All articles
-
No Time For Half Measures Under AEMO’s 30-Year Roadmap
The path to Australia’s clean energy future is clear and it’s time to grasp the opportunity as the Australian Energy Market Operator (AEMO) releases its 2022 Integrated System Plan (ISP), says Greenpeace Australia Pacific. Under AEMO’s plan outlining a 30-year roadmap of investments for the National Electricity Market (NEM), more than $12 billion of investment…
-
‘Anti-Competitive And Morally Repugnant’ Coal And Gas Companies To Blame As Enova Enters Into Voluntary Administration
News that Australia’s first community-owned electricity retailer Enova Energy has been forced into voluntary administration is a damning indictment of the greed of the coal and gas companies which are at the heart of the energy crisis that is hurting Australian households and businesses, Greenpeace Australia Pacific says. Enova tied for first place in Greenpeace…
-
AGL’s Unreliable Coal A Dirty Rat Eating Away At Household Wallets
News that AGL’s Loy Yang A coal-burning power station will be offline until September, on top of additional outages at its Bayswater and Liddell stations, shows the need for AGL to rapidly embrace renewable energy in order to reduce its climate pollution and help bring down prices for Australian households, Greenpeace Australia Pacific says. AGL…
-
Ding, Dong, AGL’s Demerger Is Dead – Now Ditch The Dud Leadership
Energy giant AGL, Australia’s biggest climate polluter, has ditched its planned demerger, which Greenpeace Australia Pacific has labelled “one of the most bungled and misguided attempts at a corporate restructure in Australian history. Glenn Walker, senior campaigner at Greenpeace Australia Pacific, said that the failure of AGL’s demerger is representative of the failure of vision…
-
Labor Government’s 2030 Renewables Target Renders AGL’s Demerger A Dead Duck
Labor’s victory and the overwhelming vote for climate-focused candidates marks the death knell for AGL’s proposed demerger, Greenpeace Australia Pacific says. The incoming government's Powering Australia policy [1] is to ensure renewables will make up 82 per cent of the National Electricity Market (NEM) by 2030, which closely aligns with AEMO’s industry-backed step change scenario…
-
‘The Memory Of A Goldfish And The Agility Of An Elephant’, AGL’s Claims Out Of Step With Market
Claims made today by AGL, Australia’s biggest climate polluter, that ending coal generation by 2030 is an ‘engineering impossibility’ are a clear demonstration of the failure of the company’s leadership and inability to keep pace with the changes underway in the energy market, Greenpeace Australia Pacific says. As AGL limps towards its proposed demerger amongst…
-
Demerger Documents ‘The Height Of Greenwashing’ As Both AGL And Accel Set To Breach Paris Climate Targets
Documents released today by AGL, Australia’s biggest climate polluter, outlining the details of its proposed demerger cement the company’s environmentally and financially ruinous path, revealing that both entities will breach Paris-aligned climate targets and slow the global energy transition, Greenpeace Australia Pacific says.
-
AGL’s Massive $73M Profit Hit Yet Another Domino Falling In Dodgy Demerger Strategy
AGL, Australia’s biggest climate polluter, today admitted its profits could take a $73 million hit following the breakdown of a major unit at its Loy Yang A coal-burning power station - the latest stumble in the inevitable domino effect of its financial and environmental failure, Greenpeace Australia Pacific says. AGL’s Loy Yang A in Victoria’s…
-
Coal Pushes Wholesale Power Prices To Double In A Year, Squeezing Australian Households
Today’s update from the Australian Energy Market Operator (AEMO) revealing wholesale power prices soared 141 per cent in the first three months of 2022 compared to the same period last year - due to coal plant outages and coal market bids - shows how companies like AGL are driving up the cost of living for…
-
AGL Loy Yang: A Generator Fault Highlights Fundamental Failure Of Dirty And Unreliable Coal
The announcement that AGL, Australia’s biggest climate polluter, suffered a generator fault at its Loy Yang A coal-burning power station which could cause an outage until 1 August 2022 highlights the risk of running unreliable, dirty coal-burning power stations, Greenpeace Australia Pacific says. In the past five years alone, AGL has spent $1.7 billion on…