❓ Question seeks details on market structures and incentives to encourage private investment in electricity generation beyond selling to Synergy, specifically regarding risk-taking. The answer indicates a market structure is being developed but provides no specifics.
AnsweredQoN 68Legislative Assembly
QuestionView source ↗
I refer to the Minister's media comments reported in
The West Australian
dated 11 April 2013 stating that the real question is what kind of market structure and incentives, three, four or five years down the track will there be to encourage providers not only to build and sell power to Synergy, but to take more of the market risk, and I ask:
(a) what kind of market structure and incentives will there be on 1 July 2015 to encourage private investors not only to build and sell to Synergy, but to take more of the market risk;
(b) are these market structures and incentives contained in a set of published rules or other documents;
(c) if yes to (b) are these available to the community, including investors, and if so, from where are they available; and
(d) if yes to (b) what is the title(s) of these rules or other documents, who is their author and what are they dated?
The West Australian
dated 11 April 2013 stating that the real question is what kind of market structure and incentives, three, four or five years down the track will there be to encourage providers not only to build and sell power to Synergy, but to take more of the market risk, and I ask:
(a) what kind of market structure and incentives will there be on 1 July 2015 to encourage private investors not only to build and sell to Synergy, but to take more of the market risk;
(b) are these market structures and incentives contained in a set of published rules or other documents;
(c) if yes to (b) are these available to the community, including investors, and if so, from where are they available; and
(d) if yes to (b) what is the title(s) of these rules or other documents, who is their author and what are they dated?
AnswerView source ↗
Answered
11 June 2013
Responded by
Minister for Energy
Response time
55 days
(a) A market structure which takes into account the operation of a single
Government owned electricity generator and retailer is being developed.
(b) N/A.
(c) N/A.
(d) N/A.
Government owned electricity generator and retailer is being developed.
(b) N/A.
(c) N/A.
(d) N/A.
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