Macquarie Generation

Macquarie Generation is an electricity generation company in New South Wales, Australia that is 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.

Macquarie Generation
subsidiary
IndustryEnergy
Founded1996 (1996)
Headquarters
Newcastle
,
Australia
Number of locations
Hunter Region
Area served
National Electricity Market, Australia
Key people
Anthony Fowler (Group General Manager )
Scott Thomas (General Manager)
ProductsElectricity generation
ServicesPublic utility
Revenue A$1,019m (2011)[1]
A$1,004m[1]
A$126m[1]
Total assets A$4,034m[1]
Total equity A$1,864m[1]
OwnerAGL Energy
Number of employees
628 [1]
Websitewww.macgen.com.au

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 State Owned Corporations Act, 1989 (NSW) and the Energy Services Corporation Act, 1995 (NSW) 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 is scheduled to close in 2022.[5]

Generation portfolio

Macquarie Generation owns and operates the following power stations:

Name Fuel Type Location Maximum
Capacity
(MW)		 Commissioned
Bayswater Black coal with a 5% biomass maximum blend Steam turbines Muswellbrook,
Hunter Region		 2,640 1985
Liddell Black coal with a 5% biomass and a 5% recycled oil maximum blend Steam turbines Muswellbrook,
Hunter Valley		 2,000 1971
Solar panels Solar thermal energy
Oil-fired Gas turbines 50
Mini-Hydro Turbo 0.85
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References
  1. "Annual Report 2011" (PDF). Macquarie Generation. October 2011. Retrieved 9 December 2011.
  2. "Macgen Website"
  3. https://www.agl.com.au/about-agl/media-centre/article-list/2014/september/agl-completes-sale-of-macquarie-generation-and-announces-leadership-change
  4. "AGL Macquarie Website"
  5. "AGL Energy statement on Liddell Power Station". AGL Energy. 6 September 2017. Retrieved 6 September 2017.


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