En­ergy tak­ing cen­tre stage

Central and North Burnett Times - - NEWS -

THE Queens­land Farm­ers’ Fed­er­a­tion has wel­comed the State Gov­ern­ment’s com­mit­ment to mak­ing en­ergy cen­tral in its $1.16 bil­lion pre-bud­get.

The Powering Queens­land Plan is de­signed to en­sure af­ford­able, se­cure and sus­tain­able en­ergy sup­ply for Queens­land homes, busi­nesses and in­dus­try, and in­cludes a $386 mil­lion plan to strengthen and di­ver­sify.

QFF pres­i­dent Stu­art Ar­mitage wel­comed the gov­ern­ment’s com­mit­ments to ad­dress the is­sues of in­creas­ing elec­tric­ity costs and se­cu­rity of sup­ply, but re­served judg­ment un­til real price re­lief ar­rived.

“It is en­cour­ag­ing, but frus­trat­ing at the same time, that the gov­ern­ment has demon­strated that it has the power to in­ter­vene in a bro­ken sys­tem to ad­dress elec­tric­ity prices,” Mr Ar­mitage said.

“Some­thing QFF has ar­gued for a long time.”

QFF high­lighted the moves to se­cure more gas sup­ply as a pos­i­tive sign for the fu­ture.

“And to en­sure se­cu­rity of sup­ply as re­new­ables play a more im­por­tant role across Queens­land,” Mr Ar­mitage said.

“The ac­knowl­edge­ment and ac­tions to ad­dress is­sues around sourc­ing and bid­ding on the na­tional elec­tric­ity mar­ket to sup­ply Queens­land also makes sense, in­clud­ing the move to change the Stan­well Cor­po­ra­tion’s bid­ding prac­tices in the Na­tional En­ergy Mar­ket with the in­ten­tion to achieve lower whole­sale prices.”

Mr Ar­mitage said any ef­forts made to ap­ply down­ward pres­sure on elec­tric­ity prices in ru­ral ar­eas is a step in the right di­rec­tion.

“The fi­nan­cial pres­sure faced by Queens­land busi­nesses due to high and un­sus­tain­able elec­tric­ity prices is now beyond cri­sis level,” Mr Ar­mitage said.

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