Coal to return: AGL

Energy supplier AGL has predicted a return to coal-fired power generation over the next few years due to a low carbon price that will make gas less competitive. "I expect a resurgence of coal-fired power," AGL chief executive Michael Fraser said. The anticipated decline in the carbon price from 2015 will take the pressure off coal prices, he said.

Energy supplier AGL has predicted a return to coal-fired power generation over the next few years due to a low carbon price that will make gas less competitive. "I expect a resurgence of coal-fired power," AGL chief executive Michael Fraser said. The anticipated decline in the carbon price from 2015 will take the pressure off coal prices, he said.

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