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The Latest Breaking News from Origin

Angus Taylor in pre-election move to make coal plants give five years’ notice before closing

Minister’s proposal comes after some plants said they would close earlier than scheduled as they struggled to compete with renewables

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

Russian share market reopens after month-long closure, ASX at two month high

The Russian stock market surges after being closed for a month, and the ASX climbs on higher iron ore prices and a rise on Wall Street.

ABC News

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Australian sanctions against Russian oligarch Viktor Vekselberg unlikely to affect Beetaloo Basin gas exploration, says Origin Energy

The Australian government's decision to sanction a Russian billionaire has revealed an unexpected link between the war in Ukraine and the remote Northern Territory.

ABC News

Australia sanctions Russian billionaires with mining industry links

Australia imposed sanctions on Friday on two Russian oligarchs with links to its mining industry, one of them a billionaire with an investment connection to Rio Tinto's Gladstone alumina refinery joint venture.

Reuters

Australian companies are divesting from Russia, but some links to oligarchs remain

Ethical investors are calling on Rio Tinto, Origin Energy and other entities to join the list of Australian comnpanies divesting from Russia.

The New Daily

NSW death toll rises to five; more ‘high impact’ storms forecast for Queensland – as it happened

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The Guardian - AU

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Origin Energy and Rio Tinto urged to review joint ventures with Russian oligarchs

Ukraine invasion prompts calls for Australian companies to ensure resources profits do not end up with Putin-linked investors

The Guardian - AU

‘A train wreck’: what happens to workers and towns when the lights go out on coal power?

Eraring, the country’s largest coal-fired power station, will shut in three years, but transition plans for employees, communities – and the grid – are lacking

The Guardian - AU

Dropping coal will hike power costs – unless the government gets its act together

Origin Energy's plans to close the country's largest coal fired generator in 2025 will push power prices much higher if government don't act quickly

The New Daily

Exit of coal-fired power station Eraring 'unlikely' to hit prices, but grid stability's a concern

Energy experts have hosed down concerns the early closure of Eraring coal-fired power station near Newcastle could spark electricity price spikes and throw the security of the grid into peril.

ABC News

The early closure of Australia’s biggest coal plant caught Angus Taylor by surprise – but it shouldn’t have

The shift to a grid that runs on renewables is a manageable transformation, but the federal government’s approach still frustrates

The Guardian - AU

Uncertainty for Eraring power station workers after Origin Energy announces early closure

The head of Origin Energy says he cannot guarantee all workers will be redeployed, after the plant's closure is brought forward by seven years to 2025.

ABC News

Australia's largest coal plant will close 7 years early – but there's still no national plan for coal's inevitable demise

In a major step forward for Australia’s clean energy transition, the country’s biggest coal-fired power station Eraring is set to close seven years early in 2025, Origin Energy announced this morning.

The Conversation

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AAP

Govt anger at NSW power station closure

Closing the country's biggest coal-fired power station seven years early could cause job losses and a spike in electricity prices, the NSW energy minister says.

The Guardian - AU

Australia’s largest coal-fired power station, Eraring, to close in 2025, seven years early

Origin Energy says the 2,880MW black-coal generator in NSW is not well-suited to rapidly changing conditions in the national electricity market

AAP

Origin accused of 'folly' amid coal exit

Origin Energy will shutter Australia's largest coal-fired power plant much earlier than expected, annoying the federal government and environmentalists.

ABC News

Origin Energy to shut Australia's largest coal-fired power plant, Eraring Power Station, by 2025

Origin Energy plans to shut Australia's largest coal-fired power plant seven years early, in 2025, with plans to replace it with a big battery on the same site.

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ABC News

Wesfarmers takes a hit from COVID supply chain woes, as ASX trades up

Australia's share market has ended in the green, as major companies — including Wesfarmers, Telstra, Origin and Whitehaven — post results.

Benzinga

Why Origin Agritech Shares Are Surging Today

Origin Agritech Ltd (NASDAQ: SEED) is trading significantly higher Monday after the company said it expects full-year 2022 revenue to exceed 150 million RMB ($23.58 million).

Benzinga

Paris Hilton Invests In NFT Platform Origin Protocol, Launches More NFTs

American media personality, socialite and businesswoman Paris Hilton decided to jump on the non-fungible token bandwagon by investing in NFT platform Origin Protocol.

Benzinga

Origin Investments Launches Multifamily Development Fund With 14% to 16% Target Annual Returns

Real estate manager Origin Investments has opened Growth Fund IV, its newest real estate fund targeting a 14% to 16% net internal rate of return (IRR).

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