11 September 2017, Renew Economy, AGL calls Coalition bluff on Liddell, focuses on solar, wind and storage. AGL Energy has called the bluff of the federal Coalition over the future of Liddell, pointing out that the ageing coal plant is unreliable, and stating its clear focus is on replacing the capacity with renewable energy and storage. CEO Andy Vesey agreed to take the government’s proposal to extend the life of the coal generator or sell it to the company board, but that commitment is likely to be nothing more than a face-saver for a Coalition government pushed into the realms of stupid by its desperation to appease its right wing and the Nationals. There is no way the AGL board would approve a proposal not favoured by Vesey, and the CEO clearly has other plans afoot, and they are all about renewables, peaking plants and storage. “Short term, new development will continue to favour renewables supported by gas peaking,” Vesey said after a meeting in Canberra with prime minister Malcolm Turnbull, energy minister Josh Frydenberg, and deputy prime minister and Nationals leader Barnaby Joyce. “Longer term, we see this trend continuing with large-scale battery deployment enhancing the value of renewable technology. In this environment, we just don’t see new development of coal as economically rational, even before factoring in a carbon cost,” Vesey said in a statement. And he made clear in this statement that Liddell would retire, as planned. “Following today’s meeting with the Prime Minister, we have committed to deliver a plan in 90 days of the actions AGL will take to avoid a market shortfall once the Liddell coal-fired power station retires in 2022.” And for good measure, he tweeted that line …. “once the Liddell coal-fired power station retires in 2022.” Read More here