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❓ The Minister for Energy rejects subsidising the Derby Tidal Power Project due to a satisfactory competitive power procurement outcome. However, the State is considering funding the Oakajee port infrastructure to support heavy industry in the Mid West.

AnsweredQoN 53Legislative Council

Asked

8 August 2000

Member

Hon Tom Stephens

Portfolio

Energy

QuestionView source ↗

Answered on 16 November 2000 The Minister

AnswerView source ↗

Answered

16 November 2000

Response time

100 days

In regard to the proposed Derby Tidal Power Project, the Minister for Energy can see no valid reason why the State should financially subsidise a private consortium when the State has undertaken a competitive power procurement process that has delivered a perfectly satisfactory outcome without the need for any subsidy provision to the successful independent private generator. On the other hand, the State is considering ownership of the port infrastructure at Oakajee which is designed to cater for the heavy industry needs of the Mid West region generally. Both the industrial estate and the port are planned as multi-user facilities and it is likely that Kingstream Steel Limited will be the initial user. The provision of funding contributions in this case is necessary to ensure that the facility is constructed, in a situation where there is no other proposal that will ensure an economically viable public infrastructure facility.

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