AGL rejects Coalition’s nuclear option

by

Ed.

Reported at www.theguardian.com: AGL Energy has rejected a federal opposition proposal to introduce nuclear energy, emphasizing its commitment to renewable energy solutions, including batteries and pumped hydro, to replace aging coal-fired power stations.

CEO Damien Nicks stated that nuclear would not be implemented in time and cost effectively, affirming the company’s focus on developing multiple energy assets instead.