Origin Energy Limited · ASX:ORG
Origin Energy — Macquarie Australia Conference 2013
20 slides from Origin Energy's conference presentation, May 1, 2013
Slide 1: ASX announcement cover fax: Presentation
For personal use only To Company Announcements Office Facsimile 1300 135 638 Company ASX Limited Date 1 May 2013 From Helen Hardy Pages 20 Subject PRESENTATION Attached for your information is a presentation being made to the Macquarie Australia Conference by Grant King, Managing Director. A copy of
Slide 2: Origin Energy, Macquarie Australia Conference 2013
For personal use only Origin Energy Macquarie Australia Conference, 1-3 May 2013 Grant King, Managing Director “Knowledge Is Power”
Slide 3: Important Notice
Important Notice For personal use only Each institution that reviews this presentation will be deemed to represent that it is a “qualified institutional buyer” within the meaning of Rule 144A under the U.S. Securities Act of 1933. This presentation does not constitute investment advice, or an induce
Slide 4: An investment in Origin provides a stake in
An investment in Origin provides a stake in … For personal use only The largest integrated energy business in Australia and New Zealand • Large and diverse fuel portfolio of physical and contracted fuel supply • Largest and most flexible generation portfolio • Largest retail energy customer base An
Slide 5: Origin focused on existing business challenges, APLNG and funding
Origin is focused on responding to challenges in the existing business, progressing the APLNG project and strengthening its funding position For personal use only Existing Business APLNG Funding Responding to Challenges Confidence in Schedule & Cost Strengthened • Regulation and pricing • Upstream 3
Slide 6: Adverse impacts of regulation: unfavourable QCA tariff determination
At this conference last year we talked about the potential adverse impacts of regulation on energy markets … For personal use only … which have eventuated in the form of an unfavourable QCA tariff determination for FY2013 5|
Slide 7: Effective retail energy markets underpinned by full deregulation
Effective retail energy markets are underpinned by full deregulation, with Federal and State governments committing For personal use only to this path … • On 7 December 2012, the Council of Australian Governments (COAG) agreed to the recommendations made by the Standing Council on Energy and Resourc
Slide 8: Retail competition in Australia is strong as evidenced by churn
Retail competition in Australia is strong as evidenced by churn … For personal use only • The Finnish based international energy think tank VassaETT has consistently found that Australia has the most competitive energy markets in the world • Victoria has been ranked the most competitive energy marke
Slide 9: South Australia has joined Victoria in deregulating retail prices
South Australia has joined Victoria in deregulating retail energy prices … For personal use only • The Victorian market has been fully • The South Australian regulator (ESCOSA) deregulated since 1 January 2009 deregulated electricity and gas prices • The most competitive energy market in the from 1
Slide 10: Wholesale energy costs expected to be higher this year
Wholesale energy costs are expected to be higher this year than in previous years … For personal use only 90 A combination of Reduced generation weather, 90 80 availability demand and 80 70 plant availability Average NEM Pool Price ($/MWh) Average NEM Pool Price ($/MWh) 70 60 Higher average pool 60
Slide 11: Impact of the LNG export channel evidenced in domestic market
The impact of the LNG export channel is now evidenced in the domestic market … For personal use only Expanding Industry Full Potential gas margins APLNG and begins LNG production Development in Energy GLNG start up production from APLNG Options Markets • Benefits of • Revenue from • Train 1 revenue
Slide 12: APLNG progress towards first gas in mid 2015
APLNG continues to make good progress towards delivering first gas in mid 2015 … For personal use only Water Treatment Facility, Trenching, Condabri – March 2013 Curtis Island site, March 2013 LNG Tank, March 2013 Condabri – March 2013 UPSTREAM PROJECT DOWNSTREAM PROJECT 35% Complete 37% Complete At
Slide 13: Origin manages maturity of existing debt facilities
Origin continues to manage the maturity of its existing debt facilities, increasing its undrawn committed debt facilities and cash to $6.21 billion at April 2013 For personal use only Loan & Bank Guarantees - Undrawn 2,500 Loans & Bank Guarantees - Drawn Hybrids, USPP, 144A & medium term notes • Pri
Slide 14: Energy a highly topical and debated subject
The production and consumption of energy continues to be a highly topical and much debated subject by consumers and in the community … For personal use only RETAIL PRICING • 72% of Australians say they are knowledgeable about electricity and gas, and 12% consider themselves very knowledgeable1 Howev
Slide 15: Traditional communication not addressing disconnection from the facts
Traditional ways of communicating with consumers and the community are not addressing the disconnection from the facts … For personal use only There is a lot of misinformation across the industry There is little ability to challenge much of the misinformation that exists to appropriately inform
Slide 16: Benefits are Clear and Darren Lockyer campaign effective
The ‘Benefits are Clear’ and Darren Lockyer Campaign activity has been effective For personal use only • Brand tracking from February 2013 showed favourability towards CSG in SE QLD (32%) is at its highest level • An uplift of 267% APLNG website traffic was achieved • From 6 February to 17 March APL
Slide 17: Darren Lockyer video – CSG and Fraccing
Darren Lockyer video – CSG and Fraccing For personal use only 16 |
Slide 18: Market leader's role: keep consumers and community informed
The role of a market leader is to ensure that consumers and the community are well informed For personal use only Origin has today launched a new digital platform, Energy Explorer, aiming to make accessible factual information on a variety of energy related topics 17 |
Slide 19: Energy Explorer establishes new channels for energy facts
Energy Explorer establishes new channels for Origin to provide energy facts, and product & service information to consumers … For personal use only Access to Factual Information • originenergy.com.au/energyexplorer • knowledgeispower.com.au Consumer Needs • Google searches • Provides products and se
Slide 20: Thank you, Further Information
For personal use only Thank you Further Information Kylie Springall Group Manager, Investor Relations Email: kylie.springall@originenergy.com.au Office: +61 2 8345 5288 Mobile: + 61 400 477 393 Website www.originenergy.com.au 19 |