⚡ Australia’s Biggest Energy Retailer Slows Down on Renewables — Eraring Future Still Unclear
Aug 14
2 min read
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Origin Energy, Australia’s largest energy retailer, is taking its time on new wind and solar projects — and still hasn’t decided exactly when to close the massive Eraring coal power station in NSW.
💰 Profits Are Up, But Renewables Are on Hold
2024/25 profit: $1.49 billion (up from $1.18b last year).
Earnings from the energy division are strong, but most new investments are going into big batteries, not new wind or solar farms.
🔋 Batteries First, Wind & Solar Later
Origin plans 1.7 GW of new renewable/storage projects by 2028 — but almost all of it is battery projects:
Eraring Battery – 700 MW / 2,800 MWh.
Mortlake Battery – 300 MW / 650 MWh.
Partnerships with other battery sites.
New wind and solar projects like Yanco Delta, Skye Ridge, and several NSW solar farms are still years away — some not expected until the 2030s.
🏭 Eraring Coal Plant — Close, Keep, or Shrink?
Eraring is officially due to close August 2027.
Origin may close some units early, shut it completely, or keep parts running until 2029.
The plant has been modified to run at lower capacity to avoid losing money during sunny midday hours.
🌏 Why This Matters for Australia
Australia needs 40+ GW of new wind and solar by 2030 to hit the national target of 82% renewables.If big energy companies like Origin, AGL, and EnergyAustralia don’t speed up, meeting that goal will be a challenge.
🔍 EServices4U Can Help You Go Renewable Now
While the big players slow down, you don’t have to wait.EServices4U helps homes and businesses design and install the right solar + battery system today — so you can:
Cut your energy bills.
Keep power during blackouts.
Be part of Australia’s clean energy future now, not in 2030.
📞 Visit www.eservices4u.com.au to get a tailored quote and start your renewable journey.
