The South Australian Energy Plan appears to be a considered and comprehensive approach to meeting current challenges in the market.
The Plan outlines the key issues facing South Australia with regard to being a world leader in the integration of renewables. Energy security and reliability are likely to be enhanced as a result of this package.
AGL looks forward to working with the South Australian Government on these reforms and is pleased that the Government recognises the vital need to secure more gas to assist in the energy transition. Increased gas supply is a key way of improving energy competitiveness for South Australian businesses and households.
Whilst national reform of the energy market architecture is urgently required, these South Australian reforms will address some key issues required for the more cost effective integration of increasing renewable energy generation and the foreshadowed integration into a national Energy Intensity Scheme is welcomed.
AGL is one of Australia’s leading integrated energy companies. It is taking action to responsibly reduce its greenhouse gas emissions while providing secure and affordable energy to its customers. Drawing on over 175 years of experience, AGL serves its customers throughout eastern Australia with meeting their energy requirements, including gas, electricity, solar PV and related products and services. 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, wind, solar, landfill gas and biomass.