The global group has been expanding in the sector in Europe, linking with ScottishPower in January to build 5GW of offshore wind capacity in the UK.
Mr Nunan wouldn’t comment on the accelerated timetable that AGL’s suitors envisage for the shutdown of AGL’s huge coal-fired power generators, but said notifications on planned shutdowns were important signals to suppliers to invest in replacement capacity.“Our job is to make sure that we’re able to take the guidance from the respective companies that own those coal-fired power stations, to see the signals that come with it, and then to meet the additional capacity.
“The deal with Shell will really allow us to go interstate and develop those projects much more quickly than we otherwise could have done,” Mr Geiger said. Shell did not disclose how much it is paying for its stake in WestWind or reveal any targets for the growth in the business.Meanwhile, Mr Nunan said Shell globally was monitoring the Ukrainian situation “extremely closely”, but did not see any immediate impacts in Australia as a result of sanctions.