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Environment

AGL's revenue from thermal coal generation increased 24% from $2,635 million in FY24 to $3,257 million in FY25, primarily driven by higher average pool prices due to periods of volatility driven by interconnector issues, low solar generation, and increased power station outages.

AGL's revenue from renewables generation increased 40% from $419 million in FY24 to $585 million in FY25, primarily driven by higher average pool prices and higher hydro and wind generation volumes.

FY21

FY22

FY23

FY24

FY25

Revenue from thermal coal generation (%)

18.4

28.8

27.6

19.4

22.6

Revenue from natural gas generation (%)

NR

1.2

1.1

0.6

1.2

Revenue from renewable generation (%)

NR

4.1

4.8

3.1

4.1

Notes

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 FY25 Annual Report.

NR: Not reported