ASX:ORGElectric Utilities
How Investors Are Reacting To Origin Energy (ASX:ORG) Extending Eraring Coal Plant’s Operating Life
Origin Energy has delayed the retirement of its 2,880 megawatt Eraring coal-fired power station in New South Wales from August 2027 to April 2029, after authorities identified ongoing system security and reliability risks during Australia’s energy transition.
This extension highlights how aging coal capacity remains critical to grid stability while renewable generation, storage projects, and major transmission upgrades are still being developed.
We’ll now examine how extending Eraring’s...