❓ Dr. Brad Pettitt questions the Minister for Energy regarding the financial provisions for decommissioning the Muja and Collie coal-fired power stations, specifically inquiring about asset writedowns and decommissioning costs within the $3.8 billion renewable energy investment. The Minister provides figures for impairment losses and estimated decommissioning costs.
AnsweredQoN 948Legislative Council
QuestionView source ↗
COAL-FIRED POWER STATIONS — CLOSURE
948. Hon Dr BRAD PETTITT to the parliamentary secretary
representing the Minister for Energy:
I refer to the media release titled ''State-owned
coal power stations to be retired by 2030 with move towards renewable energy'',
specifically the investment of $3.8 billion in new green-power infrastructure
around the state.
(1) Does the $3.8
billion include any provision for asset writedowns or decommissioning costs
associated with the Muja and Collie power stations?
(2) What are the
estimated costs of asset writedowns or decommissioning costs associated with
the Muja and Collie power stations?
(3) Please table a breakdown of the
proposed costs and expenditures if available.
948. Hon Dr BRAD PETTITT to the parliamentary secretary
representing the Minister for Energy:
I refer to the media release titled ''State-owned
coal power stations to be retired by 2030 with move towards renewable energy'',
specifically the investment of $3.8 billion in new green-power infrastructure
around the state.
(1) Does the $3.8
billion include any provision for asset writedowns or decommissioning costs
associated with the Muja and Collie power stations?
(2) What are the
estimated costs of asset writedowns or decommissioning costs associated with
the Muja and Collie power stations?
(3) Please table a breakdown of the
proposed costs and expenditures if available.
AnswerView source ↗
I thank the member for some notice
of the question. The following information has been provided to me by the
Minister for Energy.
(1) No.
(2) In the 2021–22
financial year, Muja power station's impairment loss was $127 million
and Collie power station's impairment loss was $141 million. The
current indicative cost to decommission and rehabilitate both power stations is
$300 million.
(3) The
indicative decommissioning and rehabilitation costs for both sites are provided
in the following table. I seek leave for that table to be incorporated into Hansard .
[Leave granted for the following material
to be incorporated.]
Site
Decommissioning
and Rehabilitation
Muja
Power Station
$250
million
Collie
Power Station
$50
million
Total
$300
million
of the question. The following information has been provided to me by the
Minister for Energy.
(1) No.
(2) In the 2021–22
financial year, Muja power station's impairment loss was $127 million
and Collie power station's impairment loss was $141 million. The
current indicative cost to decommission and rehabilitate both power stations is
$300 million.
(3) The
indicative decommissioning and rehabilitation costs for both sites are provided
in the following table. I seek leave for that table to be incorporated into Hansard .
[Leave granted for the following material
to be incorporated.]
Site
Decommissioning
and Rehabilitation
Muja
Power Station
$250
million
Collie
Power Station
$50
million
Total
$300
million
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