Environment
Revenue by generation type
AGL's revenue from thermal coal generation decreased 32% from $3,901 million in FY23 to $2,635 million in FY24, primarily driven by lower generation due to the closure of Liddell Power Station in April 2023.
AGL's revenue from renewables generation decreased 38% from $673 million in FY23 to $419 million in FY24, primarily driven by lower generation volumes due to planned outages at the Victorian hydroelectric power stations, and lower wind generation in South Australia.
FY20 | FY21 | FY22 | FY23 | FY24 | |
|---|---|---|---|---|---|
Revenue from thermal coal generation (%) | 23.5 | 18.4 | 28.8 | 27.6 | 19.4 |
Revenue from natural gas generation (%) | NR | NR | 1.2 | 1.1 | 0.6 |
Revenue from renewable generation (%) | NR | NR | 4.1 | 4.8 | 3.1 |
AGL’s revenue from thermal coal generation is derived by: multiplying the proportion of total generation output (GWh) to the pool that was sourced from thermal coal power stations by the total revenue of AGL’s electricity sales to the pool, plus AGL’s revenue from sales of brown coal from AGL’s Loy Yang Mine. |
AGL’s revenue from gas generation is derived by: multiplying the proportion of total generation output (GWh) to the pool that was sourced from gas generation power stations by the total revenue of AGL’s electricity sales to the pool. |
AGL’s revenue from renewable generation is derived by: multiplying the proportion of total generation output (GWh) to the pool that was sourced from wind farms, hydroelectric power stations and solar farms by the total revenue of AGL’s electricity sales to the pool. |
A breakdown of AGL’s total generation output sold to the pool by fuel source is reported in AGL’s FY24 Annual Report. |
NR: Not reported |