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.

By InvestSMART · 3 May 2013

By InvestSMART ·
3 May 2013

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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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Coal to return: AGL

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