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Australia Keeps Pressure on AGL to Extend Life of Liddell Plant

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Australia’s government will keep up the pressure on AGL Energy Ltd. to extend the life of its Liddell coal-fired power station with Prime Minister Malcolm Turnbull scheduled to meet company executives Monday.

The government is urging AGL to consider options to keep the Hunter Valley plant running, saying it provides reliable capacity that is essential to maintain security of supply in New South Wales state. The Sydney-based company has said the plant needs to close by 2022, although it could be sold.