Innovative energy start ups join business accelerator
26 Sep 2017
Five innovative local energy start ups have been announced as the latest participants in EnergyLab – Australia’s first accelerator of new business and technological initiatives.
23 May 2017
As the world’s population continues to grow, companies like Origin will be helping to meet the increased demand for energy at the same time as reducing emissions.
Correct as of publication date 23rd May 2017
We are committed to helping secure a cleaner energy supply because we want a cleaner, better future for all Australians and the planet.
Here’s five ways we are moving towards a cleaner energy future.
1. We mean business when it comes to climate change
Gas will be the key to managing the transition to lower carbon and providing reliability and affordability as renewable energy grows. Origin’s generation portfolio consists of mainly gas-fired power stations, which are lower emissions than coal. We have committed to closing our single coal-fired power station, Eraring in NSW, at the end of its life in the 2030s and are accelerating our investment in renewables.
Origin was the world’s first energy company to sign up to seven initiatives of the We Mean Business coalition, a worldwide group of NGOs, signatory companies and institutional investors committed to limiting climate change impacts to 2oC. Read more about it here.
2. We’ve already invested heavily in renewable energy
Origin is one of Australia’s largest supporters of renewable energy, with a portfolio of more than 700MW of owned or contracted renewable energy.
We have invested in wind generation for more than a decade and by 2020, we intend to add up to 1500 MW of new, large-scale renewable energy to our portfolio. In the past year, we have signed a series of long-term agreements to buy the power produced by solar farms across Australia including:
3. We are one of the largest providers of green energy in Australia
We have over 150,000 green energy customer accounts, making us one of the largest Australian providers of GreenPower and Green Gas products.
Green Energy is energy sourced from government accredited renewable power sources.
4. We are solar experts
We have 410,000+ Origin electricity customers with rooftop solar installed, who receive feed-in tariffs for the extra solar energy they produce.
Origin is also Australia’s second largest installer of residential solar systems, having directly sold and installed around 85,000 residential solar systems.
5. We believe a balanced supply is important.
Origin owns and manages a fleet of gas-fired power stations which help maintain a reliable and secure electricity system, especially as we grow our renewable energy sources like solar and wind.
We’ll keep doing what we can to decarbonise our energy supply and economy, while making sure our responsibilities as the largest energy provider in Australia are met at all times.