The NSW government considered a pitch to buy the loss-making Eraring Power Station in secret talks with Origin Energy last year. But the deal fell apart amid government concerns that underwriting a plan to keep the coal-fired power station open longer could “crowd out” other investments in energy.
After negotiations failed Origin announced the closure of Eraring in 2025.
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Samantha Hutchinson is the AFR's National Reporter. Most recently, she was CBD columnist for The Sydney Morning Herald and The Age. Before that, she covered Victorian and NSW politics and business for The Australian, the AFR and BRW Magazine. Connect with Samantha on Twitter. Email Samantha at samantha.hutchinson@afr.com.au