Agl Energy Limited · ASX:AGL
Agl Energy — Macquarie Battery Forum 2018
8 slides from Agl Energy's conference presentation, Dec 4, 2018
Slide 1: The role of batteries in a transitioning energy system
The role of batteries in a transitioning energy system Dominique Van Den Berg General Manager – Portfolio Growth AGL Energy Limited
Slide 2: NEM energy mix – AEMO Integrated System Plan
NEM energy mix – AEMO Integrated System Plan 300 250 200 Energy (TWh) 150 100 50 0 Year -50 Thermal Renewables Storage Re-charge Key: Thermal - Peaking gas + liquids, CCGT, Black Coal, Brown Coal. Renewables – Hydro, Wind, Utility Solar, Rooftop PV, Biomass. Storage – Utility Storage Generation, Dis
Slide 3: Daily energy storage required to firm a conceptual wind farm
Daily energy storage required to firm a conceptual wind farm to its approximate average load 3,500 3,000 2,500 2,000 MWh 1,500 1,000 A 6-hour pumped hydro station could fully firm 43% of the year A 4-hour battery could fully firm 31% of the year 500 A 2-hour battery could fully firm 15% of the year
Slide 4: Indicative battery economics
Indicative battery economics Current value gap Revenue Costs Energy Capacity FCAS Capital Variable O&M Source: AGL Estimates, Comparison of Dispatchable Renewable Electricity Options – ARENA 2018. Battery assumptions: 2 hour, 100MW installed capacity, 20 year life, A$390k/MW initial capital cost, 2%
Slide 5: Grid-scale and household-scale battery projects
Grid-scale battery project Household-scale battery project Dalrymple North Battery Energy Storage System AGL’s Virtual Power Plant AGL Energy | Macquarie Battery Forum - 4 December 2018 5
Slide 6: Enablers: policy certainty, battery economics, financial innovation
• Stable energy and carbon policy settings 1. Energy policy certainty • Market design signals for the right asset mix • Technology advances to continue reducing costs while improving 2. Improved battery economics battery capabilities • Greater supplier choices • Financial partnering between members
Slide 7: About us
About us AGL is committed to We operate the country’s largest electricity generation helping shape a portfolio, we’re its largest ASX-listed investor in renewable energy, and we have more than 3.6 million sustainable energy customer accounts. Proudly Australian, with more than 180 years of future fo
Slide 8: Investor relations contacts
James Hall Chris Kotsaris Blathnaid Byrne General Manager, Capital Markets Senior Manager, Investor Relations Group Treasurer Phone: +61 2 9921 2789 Phone: +61 2 9921 2256 Phone: +61 2 9921 2255 Mobile: +61 401 524 645 Mobile: +61 402 060 508 Mobile: +61 424 644 947 Email: jbhall@agl.com.au Email: c