ENERGY TRANSITION

AGL lifts renewables target amid profits slump

Biggest emitter lifts 2030 goal to 6GW amid transition pace criticism

AGL lifts clean energy target as critics say plan lacks real ambition. Pictured AGL CEO Damien Nicks and ACCR executive director

AGL lifts clean energy target as critics say plan lacks real ambition. Pictured AGL CEO Damien Nicks and ACCR executive director | Credits: AGL

AGL Energy has raised its 2030 renewables and storage target by 20% to 6 gigawatts (GW), even as a near $100 million statutory loss underscored a weaker outlook, partly cushioned by battery-backed renewable...

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