Agl Energy Limited · ASX:AGL
Agl Energy — CEDA NSW Energy Series 2016
10 slides from Agl Energy's conference presentation, Jun 21, 2016
Slide 1: CEDA NSW Energy Series
CEDA NSW ENERGY SERIES | 12 June 2016 1 CEDA NSW Energy Series Brett Redman Chief Financial Officer Date 21 June 2016
Slide 2: Snapshot of AGL
CEDA NSW ENERGY SERIES | 12 June 2016 2 Snapshot of AGL Largest private generator. Largest carbon emitter. Largest private renewable investor. Customers Generation Wind Solar Hydro Gas Brown Gas Coal Electricity Black Coal OPERATIONAL › ~3.7 million customers › Largest privately owned electricity ge
Slide 3: The path to decarbonisation
CEDA NSW ENERGY SERIES | 12 June 2016 3 The path to decarbonisation
Slide 4: Snapshot of generation
CEDA NSW ENERGY SERIES | 12 June 2016 4 Snapshot of generation ~75% of thermal plants are past their original design life. 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 26-35 years
Slide 5: Powering Australian Renewables Fund
CEDA NSW ENERGY SERIES | 12 June 2016 5 Powering Australian Renewables Fund AGL to lead new innovative renewable investment funding. New initiative to stimulate investment Australia’s Renewable Energy Target › Announced February 2016 35 › $2-3 billion Fund ~5,000 MW required 30 » AGL to contribute ~
Slide 6: Market over supply blocks new investment
CEDA NSW ENERGY SERIES | 12 June 2016 6 Market over supply blocks new investment New build cost must compete with cash only running cost of sunk investment. Thermal generation cash running costs Renewable generation long run cost Cost Cost ($/MWh) ($/MWh) 140 140 120 120 100 100 80 80 60 60 40 40 20
Slide 7: Government policy needed to facilitate new renewables
CEDA NSW ENERGY SERIES | 12 June 2016 7 Government policy needed to facilitate new renewables Closing old generation is the final step to unlocking a wave of new investment. › The national fleet needs to be refreshed › Funding is available › Market over supply blocks new investment › Permanent closu
Slide 8: AGL and the next wave
CEDA NSW ENERGY SERIES | 12 June 2016 8 AGL and the next wave Commitment to decarbonise. Innovative funding. 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 further $2-3 billion It’s t
Slide 9: Contact information
CEDA NSW ENERGY SERIES | 12 June 2016 9 Contact information 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] e-mail: [email protected]
Slide 10: Disclaimer and important information
CEDA NSW ENERGY SERIES | 12 June 2016 10 Disclaimer and important information 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 account the potential