Origin Energy (ASX:ORG) approved the third stage of its large-scale battery project at Eraring Power Station in New South Wales, increasing its dispatch duration to about four hours, the energy company said in a statement Thursday.
The third stage will add 700 megawatt-hours to the 460 megawatt/1,070 megawatt-hour first stage under construction, the statement said.
The combined energy storage of the battery will be 700 megawatt/2,800 megawatt-hours, with the 240 megawatt/1,030 megawatt-hour second stage also under construction.
Stage three is expected to come online alongside stage one by the end of 2025, while stage two is anticipated to come online in the first quarter of 2027, according to the statement.
Origin Energy shares rose nearly 1% in recent afternoon trade Thursday.
Price (AUD): $10.81, Change: $+0.09, Percent Change: +0.79%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。