Agl Energy Limited · ASX:AGL
Agl Energy — Investor Presentation (March 2017)
15 slides from Agl Energy's investor presentation, Mar 30, 2017
Slide 1: Torrens Island Power Station investor tour
AGL Energy Torrens Island Power Station investor tour 30 March 2017
Slide 2: Agenda
Agenda 1200 - 1300 Welcome, induction and Andy Vesey, Managing Director & CEO introduction Colin Mills, General Manager, Gas & Renewables 1300 - 1430 Site Tour 1430 - 1600 Management Presentation Andy Vesey, Managing Director & CEO and Q&A session Elisabeth Brinton, Executive General Manager, New En
Slide 3: Discussion Materials
Discussion Materials
Slide 4: Potential AGL solutions to SA challenges
Potential AGL solutions to SA challenges Asset renewal and market design the key to progress in AGL’s view Asset renewal via Aero-derivative or fast-start open-cycle gas turbines, grid-scale batteries, grid-scale solar, Virtual investment in flexible Power Plant and LNG import capacity all have a po
Slide 5: SA government plans broadly neutral to AGL
SA government plans broadly neutral to AGL Government focus is on system security; some investment opportunity for AGL Announced initiative Potential AGL Impact Government to build and own new 250MW emergency open- No commercial impact on existing assets if only run amid high cycle gas turbine black
Slide 6: Next steps for AGL in South Australia
Next steps for AGL in South Australia There remains potential for further investment Participation in SA government’s expression Torrens A ongoing of interest process for operation remaining large-scale battery subject to annual review Ongoing engagement in relation to potential new gas investment (
Slide 7: Torrens comprises a growing share of AGL gas
Torrens comprises a growing share of AGL gas AGL Torrens gas consumption vs AGL total gas sales (TJ) 29,329 FY16 207,130 18,705 FY15 206,300 19,658 FY14 200,937 - 30,000 60,000 90,000 120,000 150,000 180,000 210,000 AGL Torrens AGL Total Source: AGL 7
Slide 8: Monthly AGL Torrens Usage Profile vs. STTM Adelaide Price
8 - 500 1,500 2,000 4,000 3,000 3,500 1,000 2,500 Jan-13 Source: AEMO, AGL Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 AGL Torrens (TJ) Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-1
Slide 9: AGL Torrens availability
AGL Torrens availability Average Weekly Station Availability Annual Generation and Availability 1200 5000 4500 1000 4000 3500 800 3000 GWh 2500 MW 600 2000 400 1500 1000 200 500 0 2014 2015 2016 2014 2015 2016 0 1/01/2014 1/01/2015 1/01/2016 1/01/2017 TIPSA TIPSB TIPS A TIPS B Generation Availabilit
Slide 10: Wholesale: integration of climate and energy policy
Wholesale: integration of climate and energy policy Climate policy Policy objective Achieved Policy recommendation today? › Emissions Intensity Scheme (EIS) or similar required to give effect to 26-28% emissions reduction target Efficient dispatch Yes None › Given gas supply issues, increased renewa
Slide 11: Retail: the case for price dispersion and tariff reform
Retail: the case for price dispersion and tariff reform Descending scale of retailer offers Comparison of electricity consumption between standing offer and high discount customers $1,600 0.40 Standing offer customers use 18% $1,500 0.35 less than customers on biggest discount Annual electricity cos
Slide 12: Networks: discussion about valuation inevitable
Networks: discussion about valuation inevitable Average Household Electricity Costs ($) 1800 1600 Retail/Other 1400 Other 1200 Opex Depreciation 1000 Networks Retail/Other Retail/Other Return on 800 capital 600 Networks Networks 400 Generation 200 Generation Generation 0 2002 (Abbott) 2009 (Simshaus
Slide 13: Supporting vulnerable customers
Supporting vulnerable customers > $6.5m Affordability Initiative provides debt relief, Financial counsellors, solar for high consumers. > Building on this with AGL’s Fairer Way package: » Concession card and hardship program customers are not charged late fees » Customers participating in AGL’s hard
Slide 14: Contact information
Contact information James Hall General Manager, Capital Markets phone: +61 2 9921 2789 mobile: +61 401 524 645 email: jbhall@agl.com.au Nicole Rizgalla agl.com.au 131 245 Download the app Investor Relations Manager phone: +61 2 9921 2691 mobile: +61 400 488 836 email: nrizgalla@agl.com.au Blathnaid
Slide 15: Disclaimer and important information
Disclaimer and important information The information in this presentation: Is not an offer or recommendation to purchase or subscribe for securities in AGL Energy Limited or to retain any securities currently held; Does not take into account the potential and current individual investment objectives