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Origin says it won’t fight against rooftop solar and storage
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.20 -
Beginning of the end for fossil fuels? Panic sweeps global markets
Financial markets are finally catching up to the news: Fossil fuels are in decline in both transport and electricity, and the woes of VW and Glencore. Even the Bank of England has sounded a warning. Meanwhile, the likes of BHP, Origin and AGL are trying to convince investors that everything is OK. -
Solar is very cheap, but the model is broken, says Origin Energy
Origin Energy says solar is the cheapest form of energy for households, but warns that sub-standard systems – particularly inverters – are causing problems for consumers. It even suggested a “pink batts” moment could trigger the removal of remaining subsidies. But the company has also been at fault. -
Big utilities charge into distributed energy, one step at a time
Australia’s biggest two utilities have decided they want to own the rooftop solar on homes and business, and maybe the storage and EVs too. RE interviews the executives behind the strategies, and their attempts to switch from a centralised model to a distributed future. -
Network operator sees no future for generators, retailers
Operator of one of Australia’s biggest networks says solar, battery storage and micro grids means the business models of centralised generators and retailers will be made redundant. In other words, no long term future for Origin, AGL or EnergyAustralia. The future is local, and that is bad news for coal, gas and nuclear.
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