Macquarie Generation

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.

Macquarie Generation

Company type	subsidiary
Industry	Energy
Founded	1996 (1996)
Headquarters	Newcastle , Australia
Area served	National Electricity Market, Australia
Key people	Anthony Fowler (Group General Manager ) Scott Thomas (General Manager)
Products	Electricity generation
Services	Public utility
Revenue	A$1,019m (2011)[1]
Operating income	A$1,004m[1]
Net income	A$126m[1]
Total assets	A$4,034m[1]
Total equity	A$1,864m[1]
Owner	AGL Energy
Number of employees	628 [1]
Website	www.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 closed in April 2023.^[5][6]

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 Valley	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