Electricity giant will build ‘a whole range of assets’, but not nuclear reactors, to support closure of 50-year-old coal power plants

Electricity giant AGL Energy is standing firm on replacing ageing coal-fired power stations with renewable energy, as it rejects a federal opposition plan to add nuclear energy to the nation’s network.

“Both time and cost won’t allow nuclear to be done on time ... the question right now is about getting on and getting this done as soon as we can,” AGL chief executive Damien Nicks told AAP on Wednesday.

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