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AGL rejects Coalition’s nuclear option and doubles down on big batteries

Electricity giant will build ‘a whole range of assets’, but not nuclear reactors, to support closure of 50-year-old coal power plants

Electricity giant AGL Energy is standing firm on replacing ageing coal-fired power stations with renewable energy, as it rejects a federal opposition plan to add nuclear energy to the nation’s network.

“Both time and cost won’t allow nuclear to be done on time … the question right now is about getting on and getting this done as soon as we can,” AGL chief executive Damien Nicks told AAP on Wednesday.

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Source: https://www.theguardian.com/australia-news/2025/feb/13/agl-half-year-results-rejects-coalitions-nuclear-option-and-doubles-down-on-big-batteries

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