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The Latest Breaking News from Frank Calabria

Energy users and ex-ACCC boss praise government for staring down ‘bullies of the gas industry’

Industry argues capping gas at $12 a gigajoule risks future investment but experts say price is top end of range forecast before invasion of Ukraine

The Guardian - AU

Transition crunch:Origin chief hints Eraring may not close in 2025

The head of Origin Energy has given the strongest indication yet that Eraring Power Station may not close in 2025.

Newcastle Herald

Global shocks likely to drive more frequent interest rate changes, RBA says

Central banks will need to adjust rates more often to respond to unpredictable levels of inflation, Philip Lowe says

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

'Be honest' on bill shock from new energy

Origin Energy says the push for clean energy is "out of step" with consumers, warning of bill shock for years from the cost of building new renewable assets.

AAP

This week's power price scare has triggered an overdue debate on the sheer scale of the grid rebuild task

A national effort in decarbonising the grid

Newcastle Herald

Power price rises and grid change pessimism as industry weighs up the costs of going green

Tough road leads to power pessimism

Newcastle Herald

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

Questions over Eraring as rival tips big power price rises

Newcastle Herald

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Origin Energy to quit Beetaloo gas project but green groups warn environmental threat remains

Sale will come at a loss but distance company from both environmental controversy and Russian oligarch

The Guardian - AU

Origin Energy backs out of investment into on-shore gas exploration in Beetaloo Basin

Origin Energy will divest its stake in gas exploration in the Beetaloo Basin entirely in a major shift, as it focuses on a "refreshed strategy" to "grow cleaner energy and customer solutions".

ABC News

Origin exits Beetaloo for up to $90m loss

Origin Energy has offloaded its stake in the gas-rich Beetaloo Basin for a loss of up to $90 million, but it doesn't spell the end of controversial development.

AAP

Origin Energy sets climate transition plan

Origin Energy's climate transition plan has been 'condemned' by some for failing to include new gas fields, setting up a showdown at the annual general meeting.

AAP

Origin Energy sinks on FY23 uncertainty

Origin Energy has posted a loss after an "an almost unparalleled year" for energy market conditions, and spooked investors with a lack of guidance for FY23.

AAP

Soaring gas prices help Origin Energy net $1.59bn from Queensland pipeline

Revenue at Australia Pacific LNG doubles in 2021-22, prompting renewed calls for a windfall tax

The Guardian - AU

Switching off: Inside Eraring power station as staff come to terms with its closure

Shock, denial, stress, anger. Workers are struggling to comprehend the early closure of Australia’s largest coal-fired power station and the plan for what comes next.

ABC News

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