It is great to see several South Australian pumped hydro projects shortlisted under the Government’s program to underwrite new energy generation.
I am taking the opportunity of my visit to Whyalla, Port Augusta and the surrounding region to take a brief look at two of the shortlisted project sites -- Middleback Ranges and Goat Hill.
It is another reminder of the huge potential of South Australia in general and the Upper Spencer Gulf in particular to contribute to our transition to clean, reliable and affordable energy.
The region has the skills and the clean sources of energy as well as the space in abundance to contribute to Australia’s clean energy future.
All it needs is the opportunity afforded by these projects.
However, the endorsement of the potential of these proposals also begs the question why they were overlooked by the government when it was considering its $1.5 billion equity investment in Snowy Hydro 2.0.
With no competitive tender undertaken, how can we know that Snowy 2.0 is the best value for money?
It is outrageous that these South Australian projects weren’t given an opportunity to compete for this $1.5 billion in Government investment.
The Government is again ‘picking winners’, instead of letting free market competition do its job.
The fact that Snowy 2.0 is in a marginal electorate could not possibly have something to do with the decision.