Origin Energy Limited · ASX:ORG
Origin Energy — Citi Annual Australian and New Zealand Conference 2011
26 slides from Origin Energy's conference presentation, Oct 26, 2011
Slide 1: ASX announcement cover note for presentation
For personal use only To Company Announcements Office Facsimile 1300 135 638 Company ASX Limited Date 26 October 2011 From Helen Hardy Pages 26 Subject PRESENTATIONS Attached for your information is a presentation being made at the Citi Annual Australian and New Zealand Conference today by Mr Grant
Slide 2: Origin Energy – Citi Annual Australian and New Zealand Conference
For personal use only Origin Energy Citi Annual Australian and New Zealand Conference 26 October 2011
Slide 3: Important Notice
Important Notice This presentation does not constitute investment advice, or an inducement or recommendation to acquire or dispose of any securities in Origin, in any jurisdiction (including the USA). This presentation is for information purposes only, is in a summary form, and does not purport to b
Slide 4: Origin's performance: sustained growth and step changes in shareholder return
Origin’s performance has been categorised by both sustained growth, driven by consolidation in Australian energy markets … For personal use only Total Shareholder Return – Origin and S&P/ASX 100 Index 1,800 1,600 Origin Energy AGL merger 1,400 proposal; S&P/ASX 100 realisation of 1,200 CSG value in
Slide 5: Strategy focused on monetising fuel resources
Origin’s strategy continues to focus on monetising fuel resources through its Energy Markets business in Australia and New Zealand and access to growing international LNG markets … For personal use only • Energy Markets • Australia’s largest integrated energy retailer with a diverse generation portf
Slide 6: Energy Markets business: fuel-integrated generator and retailer
Origin’s Energy Markets business has delivered consistent growth through its strategy of being a fuel-integrated generator and retailer in domestic energy markets in Australia and New Zealand For personal use only Fuel Generator Retailer Extensive fuel Australasia’s largest Australasia’s largest pos
Slide 7: Sustained growth in Energy Markets through retail acquisitions
Sustained growth has been achieved in the Energy Markets business through retail acquisitions during the consolidation of the east Australian energy markets … For personal use only Origin’s Australian Retail Portfolio Growth Gross Profit by Retail Product and Gross Profit by Underlying Retail Produc
Slide 8: NSW energy reform marks end of industry consolidation
The completion of the NSW energy reform process marks the end of industry consolidation … For personal use only NEM Marketand Electricity Share of Electricity Natural Gas Marketand Gas share NEM Market Share of Generation Capacity2 retail in customer the NEMaccounts regions 1 NEM Market Share of Gen
Slide 9: NSW acquisition increased retail customer base by over 50%
The NSW acquisition led to an increase in Origin’s retail customer base of over 50% … and Electricity customer accounts by Electricity customer accounts Gas and For personal use only state by state NSW 252 VIC The NSW acquisition 1,156 included 1,585 NSW VIC 1,652 thousand accounts QLD 1,150 as at 1
Slide 10: Retail Transformation Program: new SAP billing system
Origin’s Retail Transformation Program is replacing customer billing and management systems with a new integrated SAP system … For personal use only • Origin is progressively moving customers to a new SAP integrated billing and customer management system • 1.3 million customers in Victoria and South
Slide 11: New products and business lines
Origin continues to develop its new products and business lines … For personal use only Solar and Home Products E-Mobility/Electric Vehicle • Since 2009, Origin has installed (EV) Charging approximately 47,000 rooftop solar • Installed Australia’s first ChargePointTM systems, with a total installed
Slide 12: NSW acquisition increased scale of generation portfolio
The NSW acquisition increased the scale and diversity of Origin’s Australian generation portfolio For personal use only Name Type Capacity State (MW) Bulwer Island1 CCGT, Cog 32 QLD Darling Downs CCGT 630 QLD Mt Stuart OCGT 414 QLD Roma OCGT 74 QLD Ladbroke OCGT 80 SA Darling Downs Power Station Ura
Slide 13: Generation portfolio responds to market signals
Origin’s generation portfolio can respond effectively to market signals … For personal use only FLEXIBILITY1 FUEL DIVERSITY1 MW Origin’s Generation Ramp-Up 6,000 5,000 4,000 3,000 2,000 1,000 Black Coal Gas 0 Peaking Liquids Hydro Min Gen 30 min 90 min Wind Generation: Spare Capacity Generation: Ope
Slide 14: Earnings growth underpinned by uplift in Australian energy prices
Future growth in earnings from Origin’s domestic portfolio will be underpinned by the uplift in Australian energy prices … Australian Domestic Gas Prices For personal use only 12.00 PJ Australian domestic gas 10.00 prices expected to increase Origin Origin 2011 and Sources FuelUses Supply/Demand of
Slide 15: Deepening integration through generation and fuel development
A deepening integration of Origin’s retail market share through generation and fuel development will drive continued growth in the Energy Markets business For personal use only Peak Demand1 vs Generation Capacity Origin’s Generation Origin's Portfolio Generation && Portfolio Development Options Deve
Slide 16: APLNG milestones culminating in FID on first phase
APLNG achieved major milestones during the prior 12 months, culminating in FID on the first phase of its project in July 2011 … For personal use only State and Federal approvals of Environmental Impact Statement Binding agreement with Sinopec for 20-year 1-train LNG off-take agreement and Sinope
Slide 17: APLNG has Australia's largest 2P CSG reserves base
APLNG has Australia’s largest 2P CSG reserves base with prime acreage in both Qld CSG “sweet spots” … PJ For personal use only APLNG 2P Reserves 12,000 PJe APLNG Reserves APLNG's Reserves and Resources & Resources 10,000 APLNG Dilution 28,000 3C = 10,050 8,000 Origin Share 24,000 6,000 2C = 4,041 3C
Slide 18: APLNG joint venture with ConocoPhillips and Sinopec
APLNG is underpinned by a strong, aligned joint venture that combines Origin’s leading position in Australian CSG development and ConocoPhillips’ extensive LNG and CSG capabilities … For personal use only • Australia’s largest integrated • Integrated energy company • Integrated energy and chemical c
Slide 19: Australia's longest history of CSG exploration and production
With Australia’s longest history of CSG exploration and production … For personal use only Origin and APLNG exploration and production permits in the Surat and Bowen basins … Origin will be responsible for the upstream program 18 |
Slide 20: Downstream facility using Optimised Cascade LNG technology
The downstream facility will utilise ConocoPhillips’ proprietary Optimised Cascade® Process LNG technology … For personal use only • Bechtel, as part of their Global LNG Collaboration with ConocoPhillips, will be EPC contractor for the downstream program • The project will utilise ConocoPhillips’ Op
Slide 21: Regulatory regime underpinning CSG to LNG projects
A comprehensive regulatory regime underpins CSG to LNG projects ensuring responsible development of these large projects For personal use only Environmental Impact Statement (EIS) Environmental, social and economic impact assessment State Federal Coordinator General Report Gas Fields Pipeline LNG Fa
Slide 22: Execution risk controls and mitigation plans
Execution risk is underpinned by appropriate controls and risk mitigation plans … For personal use only Extensive Project • Significant front end engineering and design Planning • Early contractor engagement • Industry leaders engaged for all key contracts and services of the project Strong Manageme
Slide 23: Funding the first phase of APLNG
Origin is well placed to fund the first phase of its APLNG project, in addition to its ongoing capital expenditure commitments … For personal use only • Origin’s funding for the first phase of the APLNG project has been secured through: ‐ Sinopec’s APLNG equity contribution (US$750 million Origin sh
Slide 24: Further growth opportunities: gas, geothermal, hydro, solar
Origin is creating further growth opportunities … GAS GEOTHERMAL HYDRO SOLAR For personal use only • Domestic, as well • Geothermal • Evaluation of a • Development of as international gas development in New hydro-electric solar photovoltaic exploration Zealand through scheme in PNG with technologies
Slide 25: FY2012 Underlying EBITDA guidance reaffirmed
Based on Origin’s current assessment of operations and prevailing market conditions, Origin anticipates Underlying EBITDA to increase by around 35 per cent in FY2012 … For personal use only At the Full Year Results announcement in August Origin advised that based on operations to date and the then p
Slide 26: Thank you / Further Information
For personal use only Thank you Further Information Angus Guthrie Group Manager, Investor Relations Email: angus.guthrie@originenergy.com.au Office: +61 2 8345 5558 Mobile: + 61 417 864 255 Website www.originenergy.com.au 25 |
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