Pessimism grabs power industry as leaders cite high costs of decarbonisation and renewables transition

Uncertainty over Eraring's future is just one small piece of Australia's energy crisis.

ORIGIN Energy is looking again at its proposed 2025 closure of Eraring power station, according to comments reported from the same energy summit that saw rival Alinta Energy predict power price increases of at least 35 per cent next year.

The warning from Alinta Energy CEO Jeff Dimery has set off a firestorm of controversy, although some summit speakers were more optimistic about prices.