Page 435 - Week 01 - Thursday, 16 February 2012
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(5) Draft Action Plan 2 does not promote the public ownership of electricity generation assets. Access to financial capital to fund the establishment of the required capacity would be the responsibility of a private entity.
(6) The yearly operating cost will be dependent upon how much capacity is installed each year and is a cost borne by the owner of the facility.
(7) Draft Action Plan 2 does not promote the ownership of generating capacity by Government. Wind farms that have been established around the ACT are private entities that ‘sell’ electricity into the National Electricity Market.
(8) The cost of this pathway presented in draft Action Plan 2 is an estimate based on an assumed staged introduction of wind capacity and energy efficiency programs up to 2020. The cost each year up to 2020 will be dependent upon how much capacity is actually installed in each year.
(9) The GHG abatement from this pathway presented in draft Action Plan 2 is an estimate based on an assumed staged introduction of wind capacity up to 2020. The abatement each year up to 2020 will be dependent upon how much capacity is actually installed in each year.
(10) Draft Action Plan 2 does not promote the public ownership of electricity generation assets. This would be managed by a private entity and the cost born by the owner of the facility.
Gas-fired power station
(Question No 1958)
Mr Seselja asked the Minister for the Environment and Sustainable Development, upon notice, on 8 December 2011:
(1) In relation to the Weathering the Change Draft Action Plan 2, Pathway 3 – Buildings, transport, waste plus gas-fired electricity generation and offsets, how will the $325 million of capital for the combined cycle gas turbine facility be financed.
(2) What are the yearly operating costs of this facility and have they been built into the model.
(3) Will this capital investment be owned and operated by the Government; if not, how will this be managed.
(4) What will be the cost each year, for each component up to 2020, if this pathway was implemented.
(5) What will be the abatement, for each component in each year up to 2020, if this pathway was implemented.
Mr Corbell: The answer to the member’s question is as follows:
(1) Draft Action Plan 2 does not promote the public ownership of electricity generation assets. Access to financial capital to fund the establishment of the required capacity would be the responsibility of a private entity.
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