Eraring Energy was an electricity generation company in Australia that was owned by the Government of New South Wales, and had a portfolio of generating sites using thermal coal, wind, and hydroelectric power.

Eraring Energy owned and operated the following power stations to generate electricity for sale under contract: Subsequent to the NSW Government releasing its Energy Reform Transaction Strategy in September 2009, a Direction was issued to Eraring Energy on 14 December 2010 by the Special Minister of State, to the Board to enter into a GenTrader Transaction Implementation Deed.

On 27 February 2011, Eraring Energy entered into Generation Trading Agreements (GTA) with Origin Energy as part of the New South Wales Government's energy reform process with changes to the business as follows: On 25 February 2011 a Direction was issued by the Special Minister of State to transfer Eraring Energy’s shares in Rocky Point Holdings (responsible for the development of the Cobbora coal mine) to the Cobbora Holding Company Pty Limited, a separate NSW statutory corporation.

In return, Eraring Energy receives a combination of fixed and variable monthly payments.

These liabilities are managed by Eraring Energy on behalf of the NSW Government.