AGL backs gas with new power station 

AGL Energy’s share price jumped today by 3% on the news that it will build a 252 megawatt gas-fired power station in New South Wales representing a commitment of A$400 million, according to company estimates. 

AGL backs gas with new power station  AGL backs gas with new power station  AGL backs gas with new power station  AGL backs gas with new power station  AGL backs gas with new power station 

Andy Vesey

The new station "would compromise flexible, fast start generation capable of delivering rapidly dispatchable peaking and firming capacity into the National Electricity Market," AGL said today.