Actions 2009/10.
During the coming year, we will:
- Continue to investigate opportunities to expand our low emission and renewable generation interests. This includes over 2,000 MW of new renewable projects and over 5,000 MW of new gas fired projects in addition to the 353 MW of renewable generation projects under construction as of 30 June 2009
- Commission the Bogong Hydro power station (140 MW) and the Hallett 2 Wind Farm (71 MW)
- Continue to work with the Commonwealth and State Governments as they implement an emissions trading scheme and expanded Renewable Energy Target
- Continue to work with our stakeholders to foster greater levels of shared knowledge about the targets, pathways and costs associated with reducing greenhouse gas emissions
- Provide expert advice on energy efficiency and carbon management services for our major commercial and industrial customers
- Provide electricity with lower greenhouse intensity than the corresponding State averages to contribute towards a long-term goal of substantially decarbonising our electricity supply by 2050
- Continue to work with our emerging technology partners Torrens Energy and Better Place Australia with a view to transforming the stationary energy and transportation sectors
- Continue to meet our obligations and targets through our participation in the Chicago Climate Exchange – a 6% reduction in emissions from Loy Yang A power station (AGL’s 32.5% equity share) and Torrens Island Power Station by 2010
- Offset 100% of the emissions associated with AGL’s office electricity use through renewable energy and abatement purchases
- Offset 100% of the emissions from our vehicle fleet through abatement purchases
- Contract at least an additional 1 TWh of GreenPower sales to become Australia’s largest retailer of GreenPower by volume
- Continue to work with governments and agencies at all levels to foster understanding around energy markets and energy efficiency programs
