Origin Energy
Origin gets $410 million boost as stake in UK outfit Octopus soars in value
Australian power giant Origin’s stake in Britain’s Octopus Energy has gained hundreds of millions of dollars in value after the fast-growing UK company secured new backing.
- by Nick Toscano
Latest
Origin, NSW consider keeping Eraring coal plant open for longer
Origin Energy and the NSW government are in detailed talks over the future of Eraring, the largest Australian coal-fired power plant.
- by Nick Toscano and Mike Foley
Updated
World markets
ASX slides despite Wall Street rebound
Rate-sensitive sectors including consumer stocks dragged the local sharemarket lower, despite a US equities rebound overnight following its steep sell-off.
- by Millie Muroi
LNG giants escape export clampdown this winter as supplies lift
East coast gas producers will avoid facing unprecedented orders to break export contracts and redirect supplies to Australian buyers this winter.
- by Nick Toscano
Renewable energy boost turns up heat on existing power plants
The energy industry is warning greater co-ordination is needed to ensure new supplies are built in time for more coal-fired power plant closures.
- by Nick Toscano
Keeping the lights on at Eraring could cost taxpayers $150 million a year
The Minns government has so far not disclosed the terms of its negotiations with Origin Energy ahead of a likely extension beyond 2025.
- by Michael McGowan
The energy sector is having its Uber moment
Octopus Energy wants to give the global electricity market its Uber moment as renewable energy erodes the traditional relationships between power companies, their customers and the grid.
- by Colin Kruger
Minns announces $275 million in clean energy grants
The Minns government will offer funding for small and medium-sized businesses to pilot new clean energy technology.
- by Michael McGowan
Origin fires up capacity in response to Victorian power outage
The energy giant is running its only power station in Victoria at full capacity to help stabilise the grid following Tuesday’s huge storm.
- by Simon Johanson
Spot prices point to mid-year energy relief for households
Households may get some relief from high electricity prices by the middle of the year as forward spot prices in the wholesale electricity market fall.
- by Simon Johanson
Bosses raise the pressure as work-from-home tension reaches ‘pivotal point’
While some companies have tied office attendance to pay in a bid to get employees back in the office, it could come with unintended consequences.
- by Millie Muroi and David Swan