In December 2017, Origin Energy announced that it would close the plant by 2032 as part of a plan to reduce its carbon emissions by 50% by that date.[10] Environmentalists criticized the move as insufficient, and noted that the closure date marked the end of the plant's 50-year life cycle anyway. "Given that Eraring makes up approximately 70 per cent of Origin’s overall emissions, the company is committing to increase its carbon pollution across the rest of the portfolio," noted energy analyst Dan Goucher.[10]
In February 2020, it was reported that Origin Energy was considering a "range of scenarios" which could result in the plant's closure earlier than 2032.[11]
In June 2021, Origin Energy moved the retirement date for Unit 1 forward to2030 and the retirement date for Unit 2 forward to 2031, with Units 3-4 retiring in 2032.[12]
In February 2022, the company announced the plant was set to close by August 2025, seven years earlier than planned. Origin Energy said the plant was unable to compete with the “influx of renewables”, the Financial Times reported, quoting the firm’s chief executive saying: “The economics of coal-fired power stations are being put under increasing, unsustainable pressure by cleaner and lower cost generation, including solar, wind and batteries.” The announcement came ahead of Origin’s half-year results, which showed a further deterioration of profits generated by the Eraring plant. Gross profits from Origin’s electricity business fell to $222 million for the half-year ending December 2021, down from $503 million in the same period ending December 2020.[13][14][15]
https://www.gem.wiki/Eraring_power_station
