Macquarie Generation
{{Short description|Australian Energy Company}}
{{Use Australian English|date=May 2024}}
{{Use dmy dates|date=July 2019}}
{{one source|date=September 2013}}
{{Infobox company
| name = Macquarie Generation
| logo =
| type = subsidiary
| foundation = {{start date|1996}}
| founder =
| location_city = Newcastle
| location_country = Australia
| locations =
| area_served = National Electricity Market, Australia
| key_people = Anthony Fowler (Group General Manager )
Scott Thomas (General Manager)
| industry = Energy
| products = Electricity generation
| services = Public utility
| revenue = {{decrease}} {{AUD}}1,019m (2011){{cite web |accessdate=9 December 2011 |date=October 2011 |url=http://www.macgen.com.au/Resources/Documents/Annual-Reports/AR-2011.pdf |title=Annual Report 2011 |publisher=Macquarie Generation }}
| operating_income = {{decrease}} {{AUD}}1,004m
| net_income = {{decrease}} {{AUD}}126m
| assets = {{decrease}} {{AUD}}4,034m
| equity = {{decrease}} {{AUD}}1,864m
| owner = AGL Energy
| divisions =
| subsid =
| homepage = [http://www.macgen.com.au/Home/ www.macgen.com.au ]
| footnotes =
| intl =
}}
Macquarie Generation is an electricity generation company in New South Wales, Australia, owned by AGL Energy, and has a portfolio of generating sites using predominantly thermal coal power. The company now trades as AGL Macquarie and generates electricity for sale under contract.
AGL Macquarie supplies approximately 12% of the National Electricity Market and 30% of the New South Wales electricity market.[http://www.macgen.com.au/ "Macgen Website"] In early stages, Macquarie has commenced development of solar thermal power as a renewable source of energy.
History
Macquarie Generation was established by the Government of New South Wales in 1996 under the {{Cite Legislation AU |NSW|act||State Owned Corporations Act, 1989}} and the {{Cite Legislation AU |NSW|act||Energy Services Corporation Act, 1995}} as part of the split up of the Electricity Commission of New South Wales.
In September 2014, the NSW Government sold Macquarie Generation to AGL Energy for $1.5 billion.{{Cite web|url=https://www.agl.com.au/about-agl/media-centre/article-list/2014/september/agl-completes-sale-of-macquarie-generation-and-announces-leadership-change|title = AGL completes sale of Macquarie Generation and announces leadership change}} Macquarie Generation's assets included the 2,640 MW Bayswater Power Station, the 2,000 MW Liddell Power Station, the 50 MW Hunter Valley Gas Turbines and the Liddell Solar Thermal Project.[http://www.macgen.com.au/ "AGL Macquarie Website"]
The Liddell Power Station closed in April 2023.{{cite web |url=https://www.agl.com.au/about-agl/media-centre/asx-and-media-releases/2017/september/agl-energy-statement-on-liddell-power-station |title=AGL Energy statement on Liddell Power Station |date=6 September 2017 |accessdate=6 September 2017 |publisher=AGL Energy}}{{cite web |url=https://www.abc.net.au/news/2019-08-02/agl-delays-defers-power-plant-closures-to-avoid-summer-blackouts/11377876 |title=AGL defers Liddell, Torrens power plant closures in bid to avoid summer blackouts |date=2 August 2019 |accessdate=30 March 2021 |publisher=ABC News (Australia)}}
Generation portfolio
Macquarie Generation owns and operates the following power stations:
class="wikitable sortable" border="1" |
Name
! Fuel ! Type ! Location ! Maximum ! Commissioned |
---|
Bayswater
| Black coal with a 5% biomass maximum blend |align="right" | 2,640 |align="center" | 1985 |
rowspan=4 | Liddell
| Black coal with a 5% biomass and a 5% recycled oil maximum blend | Steam turbines |rowspan=4 | Muswellbrook, |align="right" | 2,000 |align="center" | 1971 |
Solar panels
|align="right" | |align="center" | |
Oil-fired
| Gas turbines |align="right" | 50 |align="center" | |
Mini-Hydro
| Turbo |align="right" | 0.85 |align="center" | |
References
{{reflist}}
External links
{{Portal|Energy|Companies}}
- [http://www.macgen.com.au/Home/ Macquarie Generation]
{{EnergyNSW}}
Category:Government-owned companies of New South Wales
Category:Electric power companies of Australia
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