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Origin to avoid ‘grief’

Origin Energy boss Grant King has singled out geothermal energy and hydropower as targets for long-term investment but will stay away from markets where projects rely on subsidies as they “always end in grief”.

Angela Macdonald-Smith

Origin Energy chief executive Grant King has singled out geothermal energy and hydropower as targets for long-term investment but will stay away from markets where projects rely on subsidies as they “always end in grief".

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com

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    Original URL: https://www.afr.com/companies/energy/origin-to-avoid-grief-20140917-jf08t