Origin Energy Limited · Sydney Australia ·(Australian: ORG)
Company Description
Phone: +61-2-8345-5000
Fax: +61-2-9241-7377
Rankings
- ASX All Australian 50
View Origin Energy Limited Locations On A US Map
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This link will open in a new window Origin Energy focuses on integrating businesses within the energy industry, primarily in gas production, power generation, and energy retailing in Australia and New Zealand (through Contact Energy). It also invests in renewable energy technologies. The company is the #2 retailer of natural gas, electricity, and liquefied petroleum gas (LPG) in Australia with more than 2 million customers (mostly in Victoria). Origin explores for and produces gas and oil in Australia and New Zealand and supplies markets in Australia, New Zealand, and the Pacific. In 2008, UK energy giant BG Group announced an offer to buy Origin Energy for about $13 billion, but the bid was rejected. To read the full description, subscribe now.
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Key Origin Energy Limited Financials
| Company Type | Public - Australian: ORG Headquarters |
| Fiscal Year-End | June |
| 2009 Sales (mil.) | $12,424.7 |
Origin Energy Limited Executives
14 executives listed for Origin Energy Limited's Sydney, location.
| Title | Name & Bio | Contact |
| Chairman | H. McCann | Network |
| Managing Director and Board Member | Grant King | Network |
| Executive Director Finance and Strategy and Director | Karen Moses | Network |
Competition
Competitive Landscape for Origin Energy Limited
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Origin Energy Limited Competitors
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