Origin Energy says recent price spikes in South Australia were predictable and “perfectly normal”. It has advised energy ministers not to be “spooked”.
Tag: "Origin Energy"
Origin signs offtake for hybrid solar and storage plant at Degrussa mine – its third solar contract, as it seeks bidders for massive Stockyard Hill wind farm.
Origin expects battery storage to spark a new wave of rooftop solar installations, but not until the costs of storage falls. And that could be a while.
Origin signs 13-year purchase agreement to help develop 100MW solar farm in north Queensland with Spanish group FRV.
Major utility says Australia could be world leader in uptake of solar-powered electric vehicles. Using the high penetration of rooftop solar, it recommends a series of initiatives to increase volumes and drive down prices. Brown coal generators are also in its sights.
Origin Energy says large-scale solar projects now at $80/MWh in Australia; plans several big projects and aims to be No 1 in rooftop solar. Says it’s well placed for shift to renewables because it has no “legacy assets” to protect. But falling oil price still a concern for LNG.
Sales of Tesla Powerwall begin in Australia as the first authorised resellers of the 7kWh battery are announced and launch their offers.
Origin Energy says it won’t fight against new technologies such as rooftop solar and battery storage, but it remains committed to its major gas play – a multi-billion bet that has seen its share price plunge as the international oil price tanked.