Page 826 - Week 02 - Thursday, 23 February 2012
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(3) Would this capital investment for renewable energy be Government owned and operated; if not, how will this be managed.
(4) What will be the cost each year up to 2020, if this pathway was implemented.
(5) What will the abatement be in each year up to 2020, if this pathway was implemented.
(6) Is the cost of Pathway 1 based on the current lowest cost source of large scale renewable energy, page 16; if so, what is the estimated upper cost of this pathway if a different source of renewable energy is used.
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. Wind farms that have been established around the ACT are private entities that ‘sell’ electricity into the National Electricity Market. Access to financial capital to fund the establishment of the required capacity would be the responsibility of that private entity.
(2) 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.
(3) 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.
(4) The cost of this pathway presented in draft Action Plan 2 is an estimate based on an assumed staged introduction of wind capacity up to 2020. The cost each year up to 2020 will be dependent upon how much capacity is actually installed in each year.
(5) 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.
(6) The cost of Pathway 1, as presented in draft Action Plan 2, is based on the installation of wind generation- currently the most cost effective form of renewable energy. Modelling indicates that nearly 2,000MW of solar photovoltaic (PV) would be required to generate the same amount of energy as the wind example provided in draft Action Plan 2.
Environment—energy efficiency
(Question No 1957)
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, what will be the average cost to existing commercial building owners for retrofitting buildings to the suggested energy efficiency standard.
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