❓ Mr Nalder questions Synergy's renewable energy costs and the potential need for Ministerial Directions to underwrite the Albany Wave Farm, Collie Biomass Plant, and Collie Solar Farm projects if their costs exceed Synergy's existing renewable portfolio average. The Minister provides a cost for Synergy's current portfolio and states that project costs are yet to be determined.
AnsweredQoN 749Legislative Assembly
QuestionView source ↗
(1) what is Synergy’s bundled renewable energy portfolio cost per Mega Watt-hours (MWh)? (2) will the Albany Wave Farm have an average bundled cost per MWh higher than (1)? (3) if yes to (2), will Synergy require a Ministerial Direction to underwrite the project through an offtake agreement? If not, why not? (4) will the Collie Biomass Plant have an average bundled cost per MWh higher than (1)? (5) if yes to (4), will Synergy require a Ministerial Direction to underwrite the project through an offtake agreement? If not, why not? (6) will the Collie Solar Farm have an average bundled cost per MWh higher than (1)? (7) if yes to (6), will Synergy require a Ministerial Direction to underwrite the project through an offtake agreement? If not, why not?
AnswerView source ↗
Answered
8 August 2017
Responded by
Minister for Energy
Response time
8 days
(1) Currently, the bundled average renewable energy portfolio cost of Synergy's existing renewable assets, and for existing and newly committed Power Purchase Agreements, is approximately $130/MWh.
(2-4) The average cost of energy will be identified following the undertaking of feasibility and business case processes required for such developments.
(5) As the bundled price is yet to be determined in accordance with the answer provided to question four this is not applicable.
(6) The average cost of energy will be identified following the undertaking of feasibility and business case processes required for such developments.
(7) As the bundled price is yet to be determined in accordance with the answer provided to question six this is not applicable.
(2-4) The average cost of energy will be identified following the undertaking of feasibility and business case processes required for such developments.
(5) As the bundled price is yet to be determined in accordance with the answer provided to question four this is not applicable.
(6) The average cost of energy will be identified following the undertaking of feasibility and business case processes required for such developments.
(7) As the bundled price is yet to be determined in accordance with the answer provided to question six this is not applicable.
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