Origin Energy Limited · ASX:ORG
Origin Energy — Macquarie Australia Conference 2017
12 slides from Origin Energy's conference presentation, May 2017
Slide 1: Macquarie Australia Conference
Macquarie Australia Conference Frank Calabria CEO May 2017 Origin Energy 1
Slide 2: Important Notices
Important Notices Forward looking statements This presentation contains forward looking statements, including statements of current intention, statements of opinion and predictions as to possible future events. Such statements are not statements of fact and there can be no certainty of outcome in re
Slide 3: Origin's key priorities
Origin’s key priorities REDUCING DEBT AND LEADERSHIP IN LEADERSHIP IN IMPROVING RETURNS ENERGY MARKETS INTEGRATED GAS • Execute Lattice Energy1 IPO • “Digital first” • Transition APLNG from project • Complete asset sales program • Customer experience, lifetime to operations value and innovative prod
Slide 4: Energy markets in transition - highlighting increased risks to security and affordability
Energy markets in transition - highlighting increased risks to security and affordability Historical Monthly Average Market Gas Prices Historical Monthly Average Electricity Prices 250 14 12 200 10 150 A$.MWh A$/GJ 8 6 100 4 50 2 0 0 Brisbane Sydney Victoria Adelaide QLD NSW VIC SA Source: AEMO Sour
Slide 5: Industry and government need to work together to restore balance between security, affordability and sustainability
Industry and government need to work together to restore balance between security, affordability and sustainability Restore Security Improve Affordability Build Sustainability • Adapt NEM • Policies to support increasing investment in gas supply • Integrate energy/carbon policy • Develop ancillary s
Slide 6: Gas – Origin's portfolio is well positioned to make gas available to customers
Gas – Origin’s portfolio is well positioned to make gas available to customers Energy Markets East Coast Gas Portfolio 300 • Competitive gas position with supply length beyond 2020 ‒ Ability to manage supply and tenor risk to provide gas to customers under term contracts 250 • Flexible transport and
Slide 7: Gas - APLNG continues to be a major supplier of gas to the east coast market
Gas - APLNG continues to be a major supplier of gas to the east coast market TJ/d APLNG Upstream Supply 2,000 120 day • Net contributor to domestic east coast gas market since production test inception in 2008 • Supplies ~20% of annual domestic east coast demand 1,500 ‒ More than 100 PJ/a to 2020 ‒
Slide 8: Electricity – Origin's flexible fuel and generation is able to respond to tight wholesale market
Electricity – Origin’s flexible fuel and generation is able to respond to tight wholesale market Monthly generation output 1,800 1,600 1,400 • Increased generation at Eraring and gas fired power stations support energy security 1,200 • Eraring has run at more than 65% capacity on average since outag
Slide 9: Electricity – Origin is increasing electricity supply by accelerating development of low cost renewables
Electricity – Origin is increasing electricity supply by accelerating development of low cost renewables Bundled PPA Prices1 (Large scale wind and solar) 160 • Largest Australian off-taker of large scale solar 120 ‒ Committing to more than 680 MW since early 2016, coming into production from 2018 $/
Slide 10: Customers want to be more empowered - Origin is responding through digitisation and innovation
Customers want to be more empowered - Origin is responding through digitisation and product and service innovation Product innovation Increasing customer engagement and online interaction Interaction NPS up 20% Online sales up 25% 14.8 193k Predictable Plan 12.3 154k 9.7 Solar as a Service Sol
Slide 11: FY2017 guidance remains on track, subject to market conditions
FY2017 guidance remains on track, subject to market conditions FY2017 Guidance1 A$m Energy Markets 1,440-1,500 E&P2 350-400 LNG 730-780 Corporate (65 - 70) Underlying EBITDA 2,450-2,615 Underlying NPAT 480-590 Adjusted Net Debt well below $9 billion Remaining contributions to APLNG A$0.3 billion (fr
Slide 12: THANK YOU
THANK YOU For more information Peter Rice Chau Le General Manager, Capital Markets Group Manager, Investor Relations Email: [email protected] Email: [email protected] Office: +61 2 8345 5308 Office: +61 2 9375 5816 Mobile: + 61 417 230 306 Mobile: + 61 467 799 642 www.originen