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Energy Security

Basslink Report Shows Public Ownership Needed

Rosalie Woodruff MP | Greens’ Energy spokesperson

News today confirms that the Basslink failure was due to Basslink Pty Ltd operating the cable above safe use thresholds.

This adds weight to the case for public ownership of the asset.

Private ownership of the cable has meant it has taken two years for the public to find out what caused the failure. We cannot afford to be left in the dark over crucial matters of energy security again.

Basslink should be publicly owned

Rosalie Woodruff MP | Greens Energy spokesperson

Now is the time for the state and federal governments to commence negotiations with Keppel Holding Trust to buy the Basslink cable and take control over this essential power asset.

Keppel have announced they are seeking expressions of interest for ownership of the cable, following reports they are struggling to meet lending obligations.

Basslink 2.0 Business Case $20M Madness

Rosalie Woodruff MP | Greens' Energy spokesperson 

The Liberals should be spending $20 million on real action to create energy security, instead of a wasteful, politically-driven business case for a second Basslink interconnector. This money could build more renewable capacity now, and help pay Tasmanians a fair price for their rooftop solar.

The Commonwealth report into the feasibility of a second Basslink, published earlier this year, was adamant it would be a lame duck project.  

COAG Must Consider Public Ownership of Basslink

Rosalie Woodruff MP | Greens' Energy spokesperson 

As State, Territory and Federal Ministers for Energy converge on Hobart tomorrow, Minister Barnett should formally open a conversation about nationalising the Basslink cable.

The functioning of the Basslink underwater cable is critical for Tasmania’s energy security. Basslink’s role in balancing the national electricity grid is also now being intensively investigated by Hydro and the Federal Government.

PAC Report Silent on Threats to Energy Security

Rosalie Woodruff MP | Greens' Energy spokesperson

The Public Accounts Committee’s Financial Position and Performance of Government Owned Energy Entities report, tabled in the Tasmanian Parliament today, is underwhelming.  It is a missed opportunity to address the vulnerability of Tasmania's energy system, which was highlighted during the energy crisis.

The report fails to comment on, let alone make recommendations about, the largest and most serious threats to our energy security and its affordability in Tasmania.

Liberals' Energy Inaction Costing Tasmania Millions

Rosalie Woodruff MP | Greens' Energy spokesperson

Tasmania has a massive renewable energy generation deficit that is costing a fortune.  The Liberals’ refusal to drive investment in new renewables cost Tasmania an estimated $15 million this January alone.*

Through January, nearly half of the State’s electricity was imported over Basslink, or generated by the costly Tamar Valley Power Station.

Energy Security Taskforce Points Finger At Government

Rosalie Woodruff MP | Greens' Energy spokesperson

The Interim Report of Tasmania’s Energy Security Taskforce found that Tasmania needs more on-island renewables, and the Tasmanian Government is wholly responsible for our energy security.

The Taskforce found Tasmania has a deficit of about 7-10% in hydro-electric and wind generation, based on long-term averages.  In order for the State’s energy supply to be more secure, they recommend this gap is plugged by new renewable energy development.

Basslink Break Uncertainty Highlights Need for On-Island Renewables

Rosalie Woodruff MP | Greens' Energy spokesperson

The energy crisis exposed Tasmania’s vulnerability to cuts to our electricity supply, and the State's increasing dependence on dirty coal-fired power from the mainland. 

Basslink's confirmation that after an extensive independent investigation they have been unable to identify the cause of the cable failure reinforces that vulnerability.

Groom Silent as Basslink Finances Fail

Rosalie Woodruff MP | Greens Energy spokesperson

Basslink's third quarter financial report has painted an alarming picture of the state of their finances.  There's a real risk Basslink may go into liquidation, and the costs of the energy crisis to Tasmanians becomes even more unknown.

At the moment, all that we do know is that Basslink are in default to their creditors, and Hydro Tasmania have not paid them a facility fee since September.


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