Electricity retailing is the final sale of electricity from generation to the end-use consumer. This is the fourth major step in the electricity delivery process, which also includes generation , transmission and distribution .
34-578: AGL may refer to: Businesses [ edit ] AGL Energy , Australian energy company, successor to Australian Gas Light Company AGL Resources , an American utility company Atlanta Gas Light , a subsidiary of AGL Resources Australian Gas Light Company , a former Australian energy company Science and technology [ edit ] Biology [ edit ] AGL gene, which codes for human glycogen debranching enzyme amylo- α- 1,6- glucosidase, 4- α- glucanotransferase (AGL), another name for
68-718: A renewable source of energy . AGL announced in April 2015 and reaffirmed in September 2017 that it intends to close the Liddell Power Station in 2022. The closure of this and other coal-burning power stations in Australia led to Prime Minister Malcolm Turnbull , to seek advice from the Australian Energy Market Operator on extending the life of a number of them, to head off future power shortages. Turnbull said
102-416: A bulk power generator and a carbon-neutral energy retailer. AGL Energy was to be rebranded as Accel Energy and hold the company's coal-fired power plants and wind farm contracts, while the electricity and gas retail assets were to be spun off into a separately listed company, AGL Australia. In May 2022, the proposed split was abandoned with the chairman, two board members and CEO resigning, the company citing
136-594: A gas distribution system in the Hutt Valley and Porirua area, owned through its 71% owned subsidiary Natural Gas Corporation. This network was sold to Vector in 2004 for NZ$ 814 million. The company bought Transalta NZ's electricity retail business for NZ$ 824 million in 2001. Subsequently, selling the electricity retail asset for a loss. On 6 October 2006, the Australian Gas Light Company and Alinta merged and restructured to create two new listed companies,
170-555: A group of affine transformations in mathematics Artificial grammar learning , an investigative technique in cognitive psychology and linguistics Automatic Grenade Launcher , weapon for shooting grenades rapidly Other uses [ edit ] AGL, the United States Navy hull classification symbol for a lighthouse tender Abergele & Pensarn railway station , UK (National Rail code AGL) Angola , ITU letter code Fembe language (ISO 639-3 code agl) "Animism:
204-670: A majority of its power generation. The Australian Government Clean Energy Regulator publishes an annual list of the ten largest emitters of greenhouse gases . In the 2019-20 financial year , AGL came first place on the list, with reported emissions of 42.4 million tonnes , which is equivalent to nine million cars on the road. AGL is responsible for more than double the carbon emissions of Australia's second-biggest electricity generator, and more than BHP , Rio Tinto , Glencore , and Qantas combined. AGL's coal-burning power stations are responsible for eight per cent of Australia's total national emissions . In February 2016, AGL announced
238-465: A market in advising users about switching supplier . This trend continued in other countries (see New Zealand Electricity Market and deregulation ) and the role of electricity retailing changed from what was essentially an administrative function within an integrated utility to become a risk management function within a competitive electricity market . Electricity retailers now offer fixed prices or variable for electricity to their customers and manage
272-570: A restructured Alinta Ltd and AGL Energy Ltd. In Victoria, in June 2012, AGL Energy acquired Loy Yang A Power Station and the Loy Yang coal mine. Loy Yang A has four generating units with a combined capacity of 2,200 MW. In New South Wales, in September 2014 AGL Energy acquired Macquarie Generation from the New South Wales Government for $ 1.5 billion. Macquarie Generation's assets included
306-496: Is different from Wikidata All article disambiguation pages All disambiguation pages AGL Energy AGL Energy Ltd is an Australian listed public company involved in both the generation and retailing of electricity and gas for residential and commercial use. It is one of the "big three" retailers in the National Electricity Market . AGL is Australia's largest electricity generator, and
340-674: The ACT Government , was formed in October 2000 as Australia's first utility joint venture. Twenty-five per cent owned by AGL Energy, ActewAGL provides electricity, natural gas, and telecommunication services to business and residential customers in the Australian Capital Territory and south-east New South Wales. In 2000, AGL purchased emerging telecommunications provider Dingo Blue from C&W Optus for $ 22m. AGL closed Dingo Blue down in 2003 AGL had New Zealand assets including
374-593: The Future Fund joined AGL as investors in Powering Australian Renewables. Electricity retailing Electricity retailing began at the end of the 19th century when the bodies which generated electricity for their own use made supply available to third parties. In the beginning, electricity was primarily used for street lighting and trams . The public could buy once large scale electric companies had been started. The provision of these services
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#1732851527671408-582: The Powering Australian Renewables Fund , which is Australia's largest privately owned renewable energy company. In 2015 the New South Wales Environment Protection Authority ordered the suspension of AGL's Gloucester operations after finding toxic chemicals had been introduced into Hunter Water's systems. The EPA subsequently found no "evidence of harm to the environment or pollution of waters" and AGL
442-560: The glycogen debranching enzyme Computing [ edit ] A Graphics Language, BASIC language extension for control of Hewlett-Packard plotters Adobe Glyph List , a list of glyph names for Unicode characters Apple Graphics Library , the Apple API for OpenGL Automotive Grade Linux , an open operating system and framework for automotive applications Other uses in science and technology [ edit ] Above ground level , in aviation Affine general linear group ,
476-581: The 2,640 MW Bayswater Power Station , the 2,000 MW Liddell Power Station , the 50 MW Hunter Valley Gas Turbines and the Liddell Solar Thermal Project. From the two thermal coal power stations and two oil-fired gas turbines , Macquarie Generation supplies approximately 12% of the National Electricity Market and 30% of the New South Wales electricity market. In early stages, Macquarie has commenced development of solar thermal power as
510-424: The 20th century contributed to an explosive growth in electrification around the world. The supply of electricity to homes, offices, shops, factories, farms, and mines became the responsibility of public utilities , which were either private organizations subject to monopoly regulation or public authorities owned by local, state or national bodies. In some countries a statutory or government-granted monopoly
544-660: The Gloucester gas project and that it would cease production at the Camden Gas Project in South West Sydney in 2023, twelve years earlier than previously proposed. AGL has implemented a decommissioning and rehabilitation program for its well sites and other infrastructure in the Gloucester region. In November 2016, AGL commenced the progressive decommissioning and rehabilitation of wells at the Camden site. In August 2017, it
578-587: The Gods' Lake", a fictional location in Animism (TV series) Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title AGL . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=AGL&oldid=1110609883 " Category : Disambiguation pages Hidden categories: Short description
612-444: The creation of the Powering Australian Renewables Fund . The Powering Australian Renewables Fund or PARF (now PowAR), owns and develops more than 1,000MW of large-scale renewable energy projects to support Australia's renewable energy capacity and transition to a low-carbon economy. Once fully invested, PARF expects to own approximately 10% of Australia's renewable energy capacity. In June 2016, Queensland Investment Corporation and
646-478: The development of a new $ 295 million gas-fired generator in South Australia. The Barker Inlet Power Station , will replace two of the four Torrens Island A turbines which are expected to be decommissioned in late 2020. The island's B turbines will continue to operate as usual. The Barker Inlet Power Station was officially completed and handed over to AGL in early 2020. In August 2017, Crib Point Import Jetty
680-481: The domestic consumer, and thus the amount charged for, is measured through an electricity meter that is usually placed near the input of a home to provide easy access to the meter reader. Customers are usually charged a monthly service fee and additional charges based on the electrical energy (in kWh ) consumed by the household or business during the month. Commercial and industrial consumers normally have more complex pricing schemes. These require meters that measure
714-400: The energy usage in time intervals (such as a half-hour) to impose charges based on both the amount of energy consumed and the maximum rate of consumption, i.e. the maximum demand. This is usually called peak demand charge. Frequent reporting also allows the retailer to pass on the spot price (with some markup) to its customers. The rapid growth in electric appliance usage in the early part of
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#1732851527671748-526: The government had been advised that if the Liddell plant were to close in 2022, there would be a 1,000 MW gap in base load , dispatchable power generation . In 2018, AGL was among 17 energy businesses that supported the launch of the Energy Charter , a global initiative aimed at bringing together all parts of the power supply chain to give customers more affordable and reliable energy. In 2019, AGL entered
782-400: The nation's largest carbon emitter. In 2022, 83% of its energy came from burning coal. It is, however, targeting 12 gigawatts of new renewable energy by 2035, when all of its coal fire generators are aimed to be closed. It closed Liddell Power Station in 2023, but aims to close Bayswater Power Station in 2033, and Loy Yang A Power Station in 2035. The Australian Gas Light Company
816-792: The proposal was unlikely to gain the required 75% shareholder approval. In August 2024, AGL announced it would acquire Firm Power, a grid-scale battery project developer, and its affiliated Terrain Solar, a developer of solar and wind farm projects, for $ 250 million. This is a listing of AGL's corporate acquisitions and disposals. AGL has a diverse power generation portfolio—including base, peaking and intermediate generation plants—spread across traditional thermal generation as well as renewable sources including hydro and wind. The following tables listing significant assets are based on AGL's 2016 Annual Report. (20% ownership) in development (20% ownership) (20% ownership) (20% ownership) AGL holds 20% of
850-684: The right to develop a pumped hydroelectric energy storage project in the mined-out main pit of the Kanmantoo mine on the eastern side of the Adelaide Hills in South Australia . The project is expected to be capable of storing and generating 250MW of electricity from 2024. In early 2020, AGL announced that it would not be proceeding with the Kanmantoo Pumped Hydro project. AGL currently owns three coal-burning power stations which produce
884-470: The risk involved in purchasing electricity from spot markets or electricity pools. This development has not been without casualties. The most notable example of poor risk management (coupled with poor market regulation) was the 2001 California electricity crisis , when Pacific Gas and Electric and Southern California Edison were driven into bankruptcy by having to purchase electricity at high spot prices and sell at low fixed rates. Customers may choose from
918-563: The telecommunications industry with the purchase of Southern Phone , a regional telecommunications company. In September 2020, AGL signed an agreement to acquire energy retailer Click Energy from Amaysim for $ 115 million. The company began selling broadband Internet services under its own brand in November 2020 and, in February 2021, it launched AGL Mobile, a mobile phone service provider. In June 2021, AGL announced its intention to split into
952-446: Was allowed to continue its Gloucester operations. In February 2016, AGL announced that exploration and production of natural gas assets would no longer be a core business for the company. This followed years of campaigning, including protests at shareholder meetings and a non-violent blockade of exploration sites, by anti-CSG community group Groundswell Gloucester. This announcement included clarification that AGL would not proceed with
986-481: Was announced as the preferred location for a new terminal importing gas from other markets. The project is expected to cost $ 250 million, with construction expected to commence in 2021. In 2021, the Andrews State Government halted the project, despite gas shortages being forecasted, forcing AGL to announce that it would no longer proceed with the project. In April 2019, AGL announced that it had acquired
1020-684: Was announced that the Coopers Gap Wind Farm would proceed to construction, with AGL securing funding from the Powering Australian Renewables Fund. When completed the 453 MW Coopers Gap Wind Farm will be the largest in Australia. The final wind turbine at the Coopers Gap Wind Farm was completed in April 2020. In May 2017, it was announced that construction had commenced on the 200 MW Silverton Wind Farm in north western New South Wales. In June 2017, AGL announced
1054-498: Was created to be controlled by legislation, for example Eskom in South Africa . Electricity retailing in the period from approximately 1890 to 1990 consisted of managing the connection, disconnection and billing of electricity consumers by the local monopoly supplier. In many utilities there was a marketing function which encouraged electricity usage when there was excess capacity to supply and encouraged conservation when supply
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1088-567: Was formed in Sydney in 1837, and supplied town gas for the first public lighting of a street lamp in Sydney in 1841. AGL was the second company to list on the Sydney Stock Exchange . The company gradually diversified into electricity and into a number of different locations. ActewAGL , a joint venture between the Australian Gas Light Company and Icon Water , a government-owned enterprise of
1122-479: Was generally the responsibility of electric companies or municipal authorities who either set up their own departments or contracted the services from private entrepreneurs. Residential, commercial and industrial use of electricity was confined, initially, to lighting but this changed dramatically with the development of electric motors , heaters and communication devices. The basic principle of supply has not changed much over time. The amount of energy used by
1156-484: Was tight. An electricity provider is often known as "the electric company " or "the power company". In 1990 there was a significant development in the way electricity was bought and sold. In many countries, the electricity market was deregulated to open up the supply of electricity to competition. In the United Kingdom the electricity supply industry was radically reformed to establish competition, including
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