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Origin Energy Limited (ASX:ORG)

ALERT: Price-sensitive ASX Announcement for ORG
Current share price for ORG : $10.870 -0.18 (-1.63%)+
Release
20 Jan 2026 8:22AM
Price at Release
$11.050
Full Release
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Summary
Origin Energy Limited has announced the extension of operations at the Eraring Power Station until April 2029. This decision aims to support energy supply in New South Wales during the transition to renewable energy sources. Origin's investment in Eraring's maintenance has enabled reliable and flexible operations, and they do not plan further major overhauls before the plant's retirement. The extension aligns with Origin's emissions reduction targets and their commitment to net zero emissions by 2050. Support programs for employees and community initiatives will continue through existing funds and programs.
Key Points
  • Eraring Power Station operations extended to April 2029.
  • Extension supports energy supply during transition to renewables.
  • Origin will not conduct further major maintenance before 2029.
  • Extension aligns with Origin's emissions targets and 2050 net zero ambition.
  • Employee support and community programs will continue.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.