SOURCE: Industrial Info Resources

Industrial Info Resources

March 18, 2013 06:15 ET

Origin Energy to Cancel Planned Capital Projects Due to Lower Electricity Demand in Australia, an Industrial Info News Alert

PERTH, AUSTRALIA--(Marketwire - Mar 18, 2013) -  Researched by Industrial Info Resources (Perth, Australia) -- Origin Energy Limited postponed a 500-megawatt (MW) expansion at the Darling Downs natural gas power plant. The company is now forecasting that the consumer demand for electricity will be less than what it forecasted when the project was proposed in early 2011.

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