Eraring Energy owned and operated the following power plants to generate electricity for sale under a contract: Eraring Energy manages liability for asbestos-related diseases resulting from asbestos exposure in former New South Wales and Pacific Power electrical commissions. These sites include closed power plants such as Bunnerong, Ultimo, White Bay, Pyrmont and Wangi Wangi. These commitments are managed by Eraring Energy on behalf of the NSW government. [Citation required] Eraring Energy was an electricity generation company in Australia, owned by the Government of New South Wales and with a portfolio of coal, wind and thermal hydroelectric facilities. It was sold to Origin Energy in 2013. [2] [3] Under the agreements, Origin Energy has the right to negotiate the production of eraring and Shoalhaven Scheme power plants and to collect market revenues from those assets. In return, Eraring Energy receives a combination of fixed and variable monthly payments. If certain facility availability targets are not met, the availability of liquidated damage may be supported by Eraring Energy to Origin Energy. Following the NSW government`s release of the energy reform strategy in September 2009, the Special Minister of State received an instruction on 14 December 2010 to carry out Operation GenTrader. Eraring Energy was created in 2000 by the State Owned Corporations Act, 1989 (NSW) and the Energy Services Corporation Act, 1995.

On February 25, 2011, the Minister of State issued an order to transfer eraring Energy`s shares in Rocky Point Holdings (responsible for the development of the Cobbora coal mine) to Cobbora Holding Company Pty Limited, a separate company of NSW. Eraring Energy continues to operate the renewable facilities of Hume Power Station, Burrinjuck Power Station, Brown Mountain Power Station, Keepit Power Station, Crookwell Wind Farm and Blayney. On February 27, 2011, eraring Energy entered into the Production Trade Agreements (GTA) with Origin Energy, as part of the NSW government`s energy reform process, with the following amendments: