UPDATE 2-Australia's PM pushes AGL to consider Alinta's interest in Liddell coal-fired plant [Reuters]
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Source: Reuters
Australia's PM pushes AGL to consider Alinta's interest in Liddell coal-fired plant | Reuters 3 Min Read SYDNEY (Reuters) - Australia’s biggest energy producer, AGL Energy Ltd, came under pressure from the country’s Prime Minister on Wednesday to sell or keep running its coal-fired Liddell Power Station, after Alinta Energy expressed interest in a purchase. AGL had planned to shut the plant, which started operations in 1971, in 2022 as part of a phased exit from coal. But as Australia’s electricity supply business has become a hot political issue, following a string of blackouts and price spikes, the company has come under intense pressure from the national government to sell it instead. With Alinta, AGL’s Hong Kong-owned rival, interested in extending Liddell’s operating life as a potential power-supply shortfall looms, Prime Minister Malcolm Turnbull said he spoke to AGL Chairman Graeme Hunt overnight. “I said to him: Look, it’s in the public interest, it’s in the community’s intere
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