❓ The question seeks details on market structures and incentives planned for July 2014 to encourage private investment in electricity generation and risk-taking, beyond simply selling power to Synergy. The answer indicates a market structure is being developed, but provides no specifics.
AnsweredQoN 33Legislative 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 be in place at 1 July 2014 to encourage private investors not only to build and sell to Synergy, but to take more of the market risk;
(b) if yes to (a) are these market structures and incentives contained in a set of published rules or other document, and if so, are these set of published rules available to the community, including investors, and where are they available; and
(c) if yes to (a) what is the name of these rules or other document, who is their author and what is their date?
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 be in place at 1 July 2014 to encourage private investors not only to build and sell to Synergy, but to take more of the market risk;
(b) if yes to (a) are these market structures and incentives contained in a set of published rules or other document, and if so, are these set of published rules available to the community, including investors, and where are they available; and
(c) if yes to (a) what is the name of these rules or other document, who is their author and what is their date?
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
Government owned electricity generator and retailer is being developed.
(b) N/A
(c) N/A
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