Macquarie Generation Explained

Macquarie Generation
Type:subsidiary
Location City:Newcastle
Location Country:Australia
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: 1,019m (2011)[1]
Operating Income: 1,004m
Net Income: 126m
Assets: 4,034m
Equity: 1,864m
Owner:AGL Energy
Num Employees:628
Homepage:www.macgen.com.au

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.[2] 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 and the 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.[3] 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.[4]

The Liddell Power Station closed in April 2023.[5] [6]

Generation portfolio

Macquarie Generation owns and operates the following power stations:

NameFuelTypeLocationMaximum
Capacity
(MW)
Commissioned
BayswaterBlack coal with a 5% biomass maximum blendSteam turbinesMuswellbrook,
Hunter Valley
2,6401985
LiddellBlack coal with a 5% biomass and a 5% recycled oil maximum blendSteam turbinesMuswellbrook,
Hunter Valley
2,0001971
Solar panelsSolar thermal energy
Oil-firedGas turbines50
Mini-HydroTurbo0.85

External links

Notes and References

  1. Web site: 9 December 2011 . October 2011 . Annual Report 2011 . Macquarie Generation .
  2. http://www.macgen.com.au/ "Macgen Website"
  3. Web site: AGL completes sale of Macquarie Generation and announces leadership change.
  4. http://www.macgen.com.au/ "AGL Macquarie Website"
  5. Web site: AGL Energy statement on Liddell Power Station . 6 September 2017 . 6 September 2017 . AGL Energy.
  6. Web site: AGL defers Liddell, Torrens power plant closures in bid to avoid summer blackouts . 2 August 2019 . 30 March 2021 . ABC News (Australia).