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Question and Answer Tracking Details

5422 - AFFORDABLE ENERGY IN NEW SOUTH WALES

Hornery, Sonia to the Minister for Planning, Minister for Housing, and Special Minister for State representing the Minister for Resources, Minister for Energy and Utilities, Minister for Arts, Vice-President of the Executive Council

What provisions will the Government make to ensure the people of New South Wales have access to clean, affordable energy infrastructure which will serve not only us, but future generations?

Answer -

I am advised:

The Government has a long standing commitment to a clean, affordable, reliable and secure energy system. We are focused on delivering this commitment through our energy programs and regulatory framework, in conjunction with our work at COAG Energy Council.

In working towards a secure and affordable energy supply for New South Wales consumers, the Government is developing Action Plans for Advanced energy; and Energy efficiency. As part of consultations for these draft Plans, the Government has proposed around $400 million over 5 years in new spending that will assist investors and industry accelerate the development and adoption of renewables, storage, electric vehicles, energy efficiency and demand management. The final Action Plans are expected to be released later in 2017.

The Government has also participated in the COAG Energy Council's review of security and reliability of the national electricity market which is a critical workstream that informs how we can improve a diversified energy mix at a national level.

The Government submission to the Finkel Review highlighted the key areas of reform necessary to ensure secure, affordable, reliable and sustainable National Electricity Market.

New South Wales is in a good situation compared to other states because we have a diversified energy mix and we are well connected within the National Electricity Market (NEM) with interconnection with both Queensland and Victoria.

Additionally we have Snowy and Snowy 2.0, which if this proceeds, will enable us to more easily manage a significantly higher percentage of renewables.

In February this year, the Government also announced the establishment of a New South Wales Energy Security Taskforce which is reviewing New South Wales' energy system security to ensure that in the complex web of national and State responsibilities we remain well placed to support our households and businesses with critical energy supplies.

The Taskforce's Initial Report, released on 22 May 2017, found that New South Wales is in a good position in terms of energy security and reliability under normal conditions.

However, in order to ensure New South Wales is in the best position possible, it provides seven high-level recommendations for the Government to look into between now and next summer.

The Government will work in line with the intent of the recommendations to ensure that New South Wales has reviewed its existing energy emergency and preparedness processes and procedures, as they have not been reviewed for a number of years.

The Government is also working to provide New South Wales customers with an affordable energy supply. Our network reform program has resulted in lower network costs for customers. The recently approved network prices for 2017-18 will mean lower network prices for all New South Wales customers.

We have also increased energy assistance measures to over $1 billion over four years. This means around 900,000 households are expected to receive around $250 million in assistance this financial year. This assistance will help ease the pressures on each household from their electricity and gas bills.


Question asked on 2 May 2017 (session 56-1) and printed in Questions & Answers Paper No. 121
Answer received on 6 June 2017 and printed in Questions & Answers Paper No. 133