Agl Energy Limited · ASX:AGL
Agl Energy — Corporate Update (February 2023)
27 slides from Agl Energy's corporate update, Feb 23, 2023
Slide 1: Newcastle Community Dialogue Group
Newcastle Community Dialogue Group Thursday, 23 February 2023
Slide 2: Acknowledgement of Traditional Owners
Before we begin, I would like to acknowledge the Traditional Owners of the lands on which we meet today and pay my respects to their Elders past and present.
Slide 3: Agenda
Agenda Open and welcome, apologies, 1 declarations, previous minutes, business arising and 4 AGL Update correspondence 2 Land and Approvals Update 5 General business, next meeting and close 3 Newcastle Gas Storage Facility latest news
Slide 4: Tomago Battery Energy Storage System Project
Tomago Battery Energy Storage System Project Briefing CDG/AGL February 23, 2023
Slide 5: Agenda
Agenda 1 Introductions 4 Schedule 2 Project Overview 5 Discussion 3 Environmental Assessment Approach
Slide 6: AGL - Renewables
AGL - Renewables AGL is Australia's largest generator, and largest ASX listed renewables operator and developer: • 1,578 MW of wind • 155 MW of large-scale solar • 800 MW of hydropower • Building 300 MW of batteries now • 3.2 GW of projects in pipeline now Latest Review of Strategic Directions (ROSD
Slide 7: Project Overview
250MW Torrens Island Battery, SA Project Overview To construct, operate and maintain a battery energy storage system (BESS) at Tomago, NSW: • Construction and operation of a BESS of approximately 500 megawatts (MW) and up to 2,000 megawatt-hours (MWh) in capacity • Transmission line from the BESS la
Slide 8: Project Location
Project Location Land The site is at Tomago in a semi-rural/industrial area with industrial land uses located adjacent to and around the Site. Several industrial sites are immediately to the east, while rural properties are located to the south and east. BESS Site: 1940 Pacific Highway, Tomago (Lots
Slide 9: The Battery Site
The Battery Site • Area – total land is approximately 22 ha. BESS site is approximately 12 ha • LGA – Port Stephens Council • Zoning – IN1 (General Industrial) • Permissibility - permissible with consent within the IN1 General Industrial land use zone under the T&I SEPP • Design – will allow for kno
Slide 10: Newcastle Power Station Site
Newcastle Power Station Site • Project approved in March 2021 • Larger footprint • Site and constraints are well known • The Newcastle Power Station EIS • investigated the site in detail • widely consulted the community • received State planning approval with no objections CONFIDENTIAL | CDG Tomago
Slide 11: NSW Environmental Assessment for BESS
NSW Environmental Assessment for BESS Key and other environmental issues The EIS will detail any anticipated potential environmental impacts of a development on the environment, as well as proposing avoidance, mitigation and management. Key Matters Other Items Aboriginal heritage assessment – Severa
Slide 12: Aboriginal Heritage
Aboriginal Heritage (Sourced from Newcastle Power Station EIS – Nov 2019) CONFIDENTIAL | CDG Tomago BESS Project | February 2023 12
Slide 13: Matters of National Environmental Significance
Matters of National Environmental Significance MNES MNEs within 10 km of the Project World Heritage Properties None National Heritage Place None Wetlands of International Importance 1 Great Barrier Reef Marine Park None Commonwealth Marine Area None Listed Threatened Ecological 7 Communities Listed
Slide 14: Threatened species and likelihood – Moderate or greater
Threatened species and likelihood – Moderate or greater Scientific name Common name Conservation status Likelihood of occurrence Grevillea parviflora Small-flower grevillea Vulnerable Recorded subsp. parviflora Phascolarctos Koala Endangered Moderate cinereus • Site contains scattered, non-preferred
Slide 15: Community and Stakeholder Engagement
Community and Stakeholder Engagement AGL will engage with key stakeholders during the preparation of the Environmental Impact Assessment (EIS) and beyond • Relevant NSW and Federal Ministers • CASA • Transport for NSW • Department of Climate Change, Energy, State & Federal Government • DPE Environme
Slide 16: Schedule
Schedule Scoping Determination Complete Report/ EPBC Submit EIS Mobilise to site sought Construction Lodge August 23 Q2 2026 Feb 24 Q2 2028 Feb 23 CONFIDENTIAL | CDG Tomago BESS Project | February 2023 16
Slide 17: For discussion
For discussion 1. Planning pathway • AGL intends to lodge a State Significant Development application • Existing SSI-9837 approval (15/3/21) Newcastle Power Station 2. General engagement over coming months 3. Anything else? CONFIDENTIAL | CDG Tomago BESS Project | February 2023 17
Slide 18: Questions
Questions
Slide 19: Newcastle Gas Storage Facility
Newcastle Gas Storage Facility Latest News
Slide 20: Newcastle Gas Storage Facility – General
Newcastle Gas Storage Facility – General • No major incident, MTIs or LTIs • A break-in on Christmas eve. Perpetrators arrested the next day • Major maintenance activities completed as planned • Injection commenced late November 2022 • Injection is on hold for now due to low incoming pressure from J
Slide 21: Newcastle Gas Storage Facility – Community
Newcastle Gas Storage Facility – Community Local Community Investment Program – Round 1 FY23 Hunter Region Botanic Gardens - $5000 contribution to growing the Palm Gardens A renewed garden will allow the many visitors to the gardens enjoy a tranquil walk-through landscaped palm gardens with the oppo
Slide 22: AGL Update
AGL Update
Slide 23: 2023 Half Year Result in line with expectations
2023 Half Year Result in line with expectations 1.7* $(1,075)m $87m 65.2% +12 Total Injury Statutory Profit Underlying Net Profit Commercial Record high Net Frequency Rate after tax after tax Availability Promoter Score Reflects a disciplined and Including $(706)m of Down 55% on H122 Down 8.5 percen
Slide 24: AGL is leading Australia’s energy transition
AGL is leading Australia’s energy transition Connecting our customers Transitioning our nergy to a sustainable future energy portfolio the e tra ng ns di itio Lea n fo ns 4.3 million services provided nationally - Ambition to add up to 12 GW of new ra helping our customers decarbonise the way they l
Slide 25: AGL is making strong progress on delivering on its strategy
AGL is making strong progress on delivering on its strategy TODAY NEAR TERM FOCUS Connecting our customers • Growth in customer services and record • Accelerate growth of decentralised assets to a sustainable future high NPS under orchestration and electrification, underpinned by new technology • 19
Slide 26: General business, next meeting and close
General business, next meeting and close
Slide 27: Contact
Contact Jo Ferguson Community Relations Coordinator AGLCommunity@agl.com.au