scroll

Thoughts on AGL modelling?

Advanced Search

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

Ask a question

The Latest Q&A

Question asked 05/11/2022

Thoughts on AGL modelling?

Thanks for the insightful commentary. I am impressed you are sufficiently rational and independent of herd mentality to recognise that fossil fuels, whether we like it or not, will have to be around for a lot longer than people think. My question relates to the AGL analysis. "Our modelling shows that a 1.5-degree ambition would mean closing our coal-fired power stations by at least FY29, and all coal-fired power stations across the NEM by no later than FY31". How can AGL model the impact of a their 6.6GW of coal fired generation capacity on global emissions? To put AGLs emissions in context there are over 2000 GW coal fired power station in operation and a further 476 GW of new plants in the pipeline. I realise this is probably a hard one for you to answer but could you put it to AGL? Thanks Simon

Answer

Hi Simon,

Thanks for the thumbs up. You are right, there are so many moving parts to this equation and ultimately, the modeling is a best guess sort of approach with the information available here and now. We met with reps from Grok a few months ago however have not had engagement with AGL, noting their AGM happens next week. If we get the opportunity to ask AGL, we will and will report back, however we were not planning to attend the AGM.

chart

AGL Energy (AGL)

LAST UPDATED 04/11/2022 16:26

Latest Reports

Afternoon report 17/04/2025

The Match Out: ASX strong as energy bounces back, commodity stocks impress on quarterlies

A bullish session after a decent hit to U.S markets overnight, particularly the tech sector which was -3.9% weaker amid further U.S tariff and policy intervention. It was a slow and steady move up over the day, opening flat but climbing ~5-10 points hour after hour.

Morning report 17/04/2025

What Matters Today: Did MM turn neutral towards Gold too early?

The ASX 200 performed well on Wednesday, considering US NASDAQ Futures were down over 2% by 4pm AEST, courtesy of poor news from both sides of the Atlantic before the respective bourses even opened. Global Tech stocks sank on a one-two of bad news for tech goliaths Nvidia and ASML, the last thing the embattled semiconductor sector needed.