Origin Energy Ltd higher Wednesday, outperforms the Utilities sector
Here is the latest company close update for Origin Energy Ltd, ORG.
Origin Energy
Origin goes it alone on Eraring
In an indication of Origin Energy’s confidence that its Eraring coal-fired power station will turn a profit, it has elected not to opt into an underwriting deal with the NSW government.
Should you buy into boring stocks right now?
Telstra, Woolworths, Coles and Origin Energy are among the companies that may be worth a closer look as share markets struggle.
Santos seeks LNG supplies as contract expiry approaches
Santos’ LNG facility is seeking short-term gas supply deals due to the looming expiry of a contract with Australia Pacific LNG, which is part owned by Origin Energy.
Origin, Goodman ponder demergers, spin-offs
Two listed powerhouses, Origin Energy and Goodman Group, could both have their sights on major demergers or spin-offs of units in the coming years.
Bigger the better: Batteries giving Origin life after coal
With a brutal bidding war now a distant memory, Origin Energy boss Frank Calabria is opting for an unconventional path in the race to build out clean energy.
Origin boss calls for energy market reform now
Australia’s largest electricity and gas retailer says market rules must be urgently changed and action taken to address structural gas deficits in order to ensure the country’s grid remain reliable.
ASX steady as miners gain; CBA rises, IAG down
Sigma gains as $300m worth of shares change hands. Alliance Aviation’s labour costs growing after first industrial action in two decades. IAG top loser as investors miss buyback. Temple & Webster top gainer. ‘Cleaner result’ sees ASX Ltd soar.
Origin to win prized transmission access
Securing access to a key cog in the NSW renewables plan will come as relief to Origin following its $300m acquisition of the giant Yanco Delta wind development.
Cannon-Brookes’ SunCable energy project unveils new CEO
The Mike Cannon-Brookes-backed SunCable undersea energy delivery project has named a former Origin executive to take on the role of CEO.
Energy transition a huge opportunity: Origin Energy CEO
Frank Calabria says global energy transition presents enormous opportunity for Australia to be a leading economy in decarbonisation.
NSW’s largest coal power station suffers fresh delays
The delay in restoring capacity at Origin Energy’s Eraring coal power station means NSW is running without its two largest power plants operating at full capacity.
ICA Partners joins Barrenjoey for Origin Energy role
Origin is accelerating its strategy to expand renewable energy and storage in its portfolio.
Energy transition needs a balanced, long-term approach
Key takeaways from Macquarie’s latest Green Energy Conference – which headlined the CEOs of Origin Energy and Santos – were the ever-present risks of a poorly managed transition.
Origin on the hunt for wind backers
Australia’s largest electricity retailer has tapped an investment bank for a $1bn-plus process to find a backer for its Yanco Delta wind development.
Origin expands size of Eraring battery
Origin Energy has committed to a third expansion of the battery at its Eraring coal power station, which once finished will be one of the world’s largest.
‘True believers’ still pumping millions into green hydrogen
Green hydrogen ambitions have flickered recently, but serious money is still flowing into the sector from international investors which excites people like Paul Barrett.
Supply disruption forced Origin’s hand in 2022
Origin Energy was forced to look elsewhere for resources to power Australia’s largest coal power station after disruptions to supplies in 2022.
Energy market in need of urgent reform
Australia must urgently develop energy market rules for beyond 2030 or risk an economic catastrophe, Origin Energy chief executive Frank Calabria has warned.
China demands cheaper LNG deal
Sinopec is the latest in a wave of Asian buyers that have been looking to renegotiate their long-term LNG contracts to reflect the new pricing environment.
Origin exits hydrogen in latest blow to Labor’s net zero targets
The energy major is abandoning its ambitious plans for hydrogen in the latest blow to the Albanese government’s dreams for the energy source to help drive the transition to net zero.
Coal mine to axe 200 over failure to secure Eraring supply deal
NSW producer Centennial Coal is axing 200 jobs at its Mandalong mine after failing to win a new supply deal with Origin for its Eraring coal-fired power station.
Power struggle: It’s AGL’s Kaluza versus Origin’s Octopus
AGL Energy’s new technology business, Kaluza, plans a fivefold expansion of customer accounts to challenge Origin Energy’s own investment – market leader Octopus Energy.
Bad policy, nation underpowered
Business and consumers will pay dearly for years of green lawfare.
Origin slumps on disappointing outlook after record profit
Investors dump Origin shares following the energy major’s outlook guidance, which many believe is too conservative, after booking a record profit.
AGL’s Kaluza challenges Origin’s tech play with expansion
The energy group’s new investment Kaluza is expanding into Japan – pitting itself against Origin Energy’s own play, Octopus Energy.
Eraring coal power station output hits five-year high
Generation from NSW’s largest coal power station has soared as government policies to lower household and business bills incentivised Origin Energy to ramp up production.
Origin to spend $450m to expand Eraring battery
The energy group will spend another $450m to expand a battery at the Eraring coal power station as it looks to exploit the increasing market volatility.
Aussie homes to benefit from changes to energy rules
The energy sector’s rule maker has proposed a tweak to give greater returns to households with solar and batteries, which it hopes will spur increased uptake and less need for grid-scale developments.
Origin buys stake in decarbonisation company
Origin Energy has acquired 20 per cent in a specialist decarbonisation firm that works with major companies on projects to slash their emissions.
Original URL: https://www.theaustralian.com.au/topics/origin-energy