❓ Question regarding Horizon Power's projected $4 billion investment in Pilbara energy infrastructure. The Minister clarifies the figure's origin, declines to table the study due to commercial sensitivity, and states the investment will be underwritten by resource developments, not the state government.
AnsweredQoN 996Legislative Council
QuestionView source ↗
HORIZON POWER — PILBARA ENERGY INFRASTRUCTURE INVESTMENT
I refer to Horizon Power’s 2010–11 annual report, which states that some $4 billion is required to be spent over the next few years on energy infrastructure in the Pilbara. (1) How is this figure determined, and will the minister table a copy of the study referred to in the annual report; and, if not, why not? (2) How much of this $4 billion is planned to come from the state government? (3) Given Horizon has less than $350 million allocated in 2011–12 and the forward estimates, how does the government plan to bridge this multibillion-dollar gap? Hon PETER COLLIER
I refer to Horizon Power’s 2010–11 annual report, which states that some $4 billion is required to be spent over the next few years on energy infrastructure in the Pilbara. (1) How is this figure determined, and will the minister table a copy of the study referred to in the annual report; and, if not, why not? (2) How much of this $4 billion is planned to come from the state government? (3) Given Horizon has less than $350 million allocated in 2011–12 and the forward estimates, how does the government plan to bridge this multibillion-dollar gap? Hon PETER COLLIER
AnswerView source ↗
I thank the honourable member for some notice of the question. (1) The $4 billion is an estimate of the midpoint between the forecast investment required to meet the energy needs of the region under the medium and high-load demand forecast scenarios considered in the study. The actual investment required will be driven by the number and type of mining projects that proceed in the region and the way the energy is sourced. The study contains commercially sensitive information, so it cannot be tabled. (2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
(1) How is this figure determined, and will the minister table a copy of the study referred to in the annual report; and, if not, why not? (2) How much of this $4 billion is planned to come from the state government? (3) Given Horizon has less than $350 million allocated in 2011–12 and the forward estimates, how does the government plan to bridge this multibillion-dollar gap? Hon PETER COLLIER replied: I thank the honourable member for some notice of the question. (1) The $4 billion is an estimate of the midpoint between the forecast investment required to meet the energy needs of the region under the medium and high-load demand forecast scenarios considered in the study. The actual investment required will be driven by the number and type of mining projects that proceed in the region and the way the energy is sourced. The study contains commercially sensitive information, so it cannot be tabled. (2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
(2) How much of this $4 billion is planned to come from the state government? (3) Given Horizon has less than $350 million allocated in 2011–12 and the forward estimates, how does the government plan to bridge this multibillion-dollar gap? Hon PETER COLLIER replied: I thank the honourable member for some notice of the question. (1) The $4 billion is an estimate of the midpoint between the forecast investment required to meet the energy needs of the region under the medium and high-load demand forecast scenarios considered in the study. The actual investment required will be driven by the number and type of mining projects that proceed in the region and the way the energy is sourced. The study contains commercially sensitive information, so it cannot be tabled. (2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
(3) Given Horizon has less than $350 million allocated in 2011–12 and the forward estimates, how does the government plan to bridge this multibillion-dollar gap? Hon PETER COLLIER replied: I thank the honourable member for some notice of the question. (1) The $4 billion is an estimate of the midpoint between the forecast investment required to meet the energy needs of the region under the medium and high-load demand forecast scenarios considered in the study. The actual investment required will be driven by the number and type of mining projects that proceed in the region and the way the energy is sourced. The study contains commercially sensitive information, so it cannot be tabled. (2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
Hon PETER COLLIER replied: I thank the honourable member for some notice of the question. (1) The $4 billion is an estimate of the midpoint between the forecast investment required to meet the energy needs of the region under the medium and high-load demand forecast scenarios considered in the study. The actual investment required will be driven by the number and type of mining projects that proceed in the region and the way the energy is sourced. The study contains commercially sensitive information, so it cannot be tabled. (2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
I thank the honourable member for some notice of the question. (1) The $4 billion is an estimate of the midpoint between the forecast investment required to meet the energy needs of the region under the medium and high-load demand forecast scenarios considered in the study. The actual investment required will be driven by the number and type of mining projects that proceed in the region and the way the energy is sourced. The study contains commercially sensitive information, so it cannot be tabled. (2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
(1) The $4 billion is an estimate of the midpoint between the forecast investment required to meet the energy needs of the region under the medium and high-load demand forecast scenarios considered in the study. The actual investment required will be driven by the number and type of mining projects that proceed in the region and the way the energy is sourced. The study contains commercially sensitive information, so it cannot be tabled. (2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
(2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
(3) Not applicable.
(1) How is this figure determined, and will the minister table a copy of the study referred to in the annual report; and, if not, why not? (2) How much of this $4 billion is planned to come from the state government? (3) Given Horizon has less than $350 million allocated in 2011–12 and the forward estimates, how does the government plan to bridge this multibillion-dollar gap? Hon PETER COLLIER replied: I thank the honourable member for some notice of the question. (1) The $4 billion is an estimate of the midpoint between the forecast investment required to meet the energy needs of the region under the medium and high-load demand forecast scenarios considered in the study. The actual investment required will be driven by the number and type of mining projects that proceed in the region and the way the energy is sourced. The study contains commercially sensitive information, so it cannot be tabled. (2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
(2) How much of this $4 billion is planned to come from the state government? (3) Given Horizon has less than $350 million allocated in 2011–12 and the forward estimates, how does the government plan to bridge this multibillion-dollar gap? Hon PETER COLLIER replied: I thank the honourable member for some notice of the question. (1) The $4 billion is an estimate of the midpoint between the forecast investment required to meet the energy needs of the region under the medium and high-load demand forecast scenarios considered in the study. The actual investment required will be driven by the number and type of mining projects that proceed in the region and the way the energy is sourced. The study contains commercially sensitive information, so it cannot be tabled. (2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
(3) Given Horizon has less than $350 million allocated in 2011–12 and the forward estimates, how does the government plan to bridge this multibillion-dollar gap? Hon PETER COLLIER replied: I thank the honourable member for some notice of the question. (1) The $4 billion is an estimate of the midpoint between the forecast investment required to meet the energy needs of the region under the medium and high-load demand forecast scenarios considered in the study. The actual investment required will be driven by the number and type of mining projects that proceed in the region and the way the energy is sourced. The study contains commercially sensitive information, so it cannot be tabled. (2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
Hon PETER COLLIER replied: I thank the honourable member for some notice of the question. (1) The $4 billion is an estimate of the midpoint between the forecast investment required to meet the energy needs of the region under the medium and high-load demand forecast scenarios considered in the study. The actual investment required will be driven by the number and type of mining projects that proceed in the region and the way the energy is sourced. The study contains commercially sensitive information, so it cannot be tabled. (2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
I thank the honourable member for some notice of the question. (1) The $4 billion is an estimate of the midpoint between the forecast investment required to meet the energy needs of the region under the medium and high-load demand forecast scenarios considered in the study. The actual investment required will be driven by the number and type of mining projects that proceed in the region and the way the energy is sourced. The study contains commercially sensitive information, so it cannot be tabled. (2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
(1) The $4 billion is an estimate of the midpoint between the forecast investment required to meet the energy needs of the region under the medium and high-load demand forecast scenarios considered in the study. The actual investment required will be driven by the number and type of mining projects that proceed in the region and the way the energy is sourced. The study contains commercially sensitive information, so it cannot be tabled. (2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
(2) Nil. Resource developments are expected to underwrite energy infrastructure development. (3) Not applicable.
(3) Not applicable.
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