Overview
- Origin will run Eraring until April 30, 2029, extending the life of the 2,880 megawatt plant by two years from the 2027 schedule.
- The company says the extra time will allow new renewable generation, storage and transmission to be delivered, including a planned large battery at the site.
- NSW Energy Minister Penny Sharpe welcomed the move as providing certainty for workers and consumers, with the state projecting adequate supply by 2029 as projects come online.
- A previous $450 million risk‑sharing arrangement with NSW had shifted closure to August 2027, offering coverage of losses up to $225 million a year under certain triggers.
- Origin says the extension does not change its 2030 emissions targets or 2050 net‑zero pledge, while climate advocates condemn the delay and cite frequent 2024 outages linked to price spikes.