Agl Energy Limited · ASX:AGL
Agl Energy — CEDA NSW Energy Series 2016
11 slides from Agl Energy's conference presentation, Jun 21, 2016
Slide 1: ASX & Media Release: Presentation to CEDA by Brett Redman, CFO
AGL Energy Limited Locked Bag 1837 Level 22, 101 Miller St T: +61 2 9921 2999 ABN: 74 115 061 375 St Leonards NSW 2065 North Sydney NSW 2060 F: +61 2 9921 2552 For personal use only AUSTRALIA AUSTRALIA www.agl.com.au ASX & Media Release Presentation to CEDA by Brett Redman, CFO 21 June 2016 Attached
Slide 2: CEDA NSW Energy Series
CEDA NSW ENERGY SERIES | 21 June 2016 1 CEDA For personal use only NSW Energy Series Brett Redman Chief Financial Officer Date 21 June 2016
Slide 3: Snapshot of AGL
CEDA NSW ENERGY SERIES | 21 June 2016 2 Snapshot of AGL Largest private generator. Largest carbon emitter. Largest private renewable investor. For personal use only Customers Generation Wind Solar Hydro Gas Brown Gas Coal Electricity Black Coal OPERATIONAL › ~3.7 million customers › Largest privatel
Slide 4: The path to decarbonisation
CEDA NSW ENERGY SERIES | 21 June 2016 3 The path to For personal use only decarbonisation
Slide 5: Snapshot of generation
CEDA NSW ENERGY SERIES | 21 June 2016 4 Snapshot of generation ~75% of thermal plants are past their original design life. For personal use only NEM installed capacity by type NEM installed capacity by age 50+ Other Other years Renewable 0-15 years 36-50 Hydro years 16-25 years Coal Natural gas 26-3
Slide 6: Powering Australian Renewables Fund
CEDA NSW ENERGY SERIES | 21 June 2016 5 Powering Australian Renewables Fund AGL to lead new innovative renewable investment funding. For personal use only New initiative to stimulate investment Australia’s Renewable Energy Target › Announced February 2016 35 › $2-3 billion Fund ~5,000 MW required 30
Slide 7: Market over supply blocks new investment
CEDA NSW ENERGY SERIES | 21 June 2016 6 Market over supply blocks new investment New build cost must compete with cash only running cost of sunk investment. For personal use only Thermal generation cash running costs Renewable generation long run cost Cost Cost ($/MWh) ($/MWh) 100 100 80 80 60 60 40
Slide 8: Government policy needed to facilitate new renewables
CEDA NSW ENERGY SERIES | 21 June 2016 7 Government policy needed to facilitate new renewables Closing old generation is the final step to unlocking a wave of new investment. For personal use only › The national fleet needs to be refreshed › Funding is available › Market over supply blocks new invest
Slide 9: AGL and the next wave
CEDA NSW ENERGY SERIES | 21 June 2016 8 AGL and the next wave Commitment to decarbonise. Innovative funding. For personal use only AGL supports the path to decarbonisation and is ready to invest › Largest private investor and developer of renewable energy in Australia › PARF designed to invest furth
Slide 10: Contact information
CEDA NSW ENERGY SERIES | 21 June 2016 9 Contact information For personal use only Investors Media Nicole Rizgalla Kathryn Lamond Investor Relations Manager Media Manager phone: +61 2 9921 2691 phone: +61 2 9921 2170 mobile: +61 (0) 400 488 836 mobile: +61 (0) 424 465 464 e-mail: [email protected]
Slide 11: Disclaimer and important information
CEDA NSW ENERGY SERIES | 21 June 2016 10 Disclaimer and important information For personal use only The information in this presentation: › Is not an offer or recommendation to purchase or subscribe for securities in AGL Energy Limited or to retain any securities currently held. › Does not take into