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Parliamentary Questions

Question Without Notice No. 872 asked in the Legislative Council on 28 November 2017 by Hon Peter Collier

Minister responding: Hon B.S. Wyatt
Parliament: 40 Session: 1
Answered on 28 November 2017

RENEWABLE ENERGY PROJECTS — WARRADARGE WIND FARM
      872. Hon PETER COLLIER to the minister representing the Minister for Energy:
      (1) Given the significant changes in pricing in recent years, did Synergy test the market for procurement of large-scale renewable options prior to committing to the Warradarge wind farm?
      (2) Is the cost of capital for the Warradarge wind farm higher than Western Australian Treasury Corporation's borrowing rates?
      (3) What renewable energy projects are included in the investment vehicle with the Dutch infrastructure fund?
      (4) Of the projects in (3), which projects are partially or wholly owned by the state government; and, of those, which will come off the state's balance sheet as a result of their transfer to the investment vehicle with the Dutch infrastructure fund?
Hon STEPHEN DAWSON replied:
I thank the Leader of the Opposition for some notice of the question.
      (1) In 2015–16, Synergy conducted an expression of interest process for the procurement of renewable energy and large-scale generation certificates. Synergy has continued to monitor the market since then. Synergy will continue to meet with potential proponents on an as-required basis and monitor the market regularly.
(2) The details of the arrangement are yet to be finalised.
      (3) It is envisaged that the Greenough River solar farm and the Albany Grasmere wind farm will be included in the investment vehicle.
(4) The details of the arrangement are yet to be finalised.