Latest news with #Marinus
The Advertiser
3 days ago
- Business
- The Advertiser
'Battery of the nation' undersea power cable at risk
One of the nation's largest energy projects could be in doubt amid a government stoush and a cost blowout. The multi-billion-dollar Marinus Link undersea power cable project to connect Tasmania to the mainland has been touted as critical to making the island state the "battery of the nation" by increasing its capacity to export green power. The $5.5 billion project is set to be funded by the federal, Tasmanian and Victorian governments. The Tasmanian government's decision on its 17.7 per cent share of the link's Stage 1 cable, initially promised by July 31, has been delayed. Tasmania's Shadow Energy Minister Janie Finlay on Saturday accused Premier Jeremy Rockliff of blocking a briefing from Energy Minister Nick Duigan on the Marinus business case. It had been hoped the briefing would create bipartisan support to secure the project as Tasmania's Liberal government scrambles for survival following the July 19 election. "We are days away from a critical decision on one of Tasmania's largest infrastructure projects," Ms Finlay told reporters. "The business case has been sitting in the premier's office for two months, but Jeremy Rockliff won't let Tasmanians see it. "Not only have they just not briefed Tasmanian Labor, but the premier has stepped in and actively blocked that." Tasmanian Minerals, Manufacturing and Energy Council chief executive Ray Mostogl said the delay and uncertainty placed the entire project at risk. Marinus Link must "issue notice to proceed" by the end of August or lose a $1.07 billion contract with the Italy-based Prysmian Group to supply the 345km cable. Tasmania's Liberal government is in caretaker mode after the state election delivered another large crossbench, some of whom oppose the Marinus project. Ms Finlay accused the Rockliff government of hiding the Marinus Link business case for political gain because it included significant price impacts to pay for transmission infrastructure. The government has denied Mr Rockliff or his staff blocked a briefing, saying the opposition would be briefed in line with caretaker conventions. "We are carefully and methodically working through the details, with a decision expected soon," Mr Duigan said. The undersea electricity and data connector would link Tasmania's northwest with Victoria's Latrobe Valley and allow the smaller state to import surplus solar while exporting hydropower to the mainland grid, where it could help reduce the risk of brownouts. The project was scaled back in September 2023 after the cost of two cables blew out by $1.7 billion to an estimated $5.5 billion. Under the plan, Victoria has a 33.3 per cent share and Tasmania 17.7 per cent, with an option to sell its stake to the Commonwealth on completion. Marinus Link has been touted as a critical component in making Tasmania the "battery" of the nation by increasing the island's capacity to export green power and allow excess energy generated on the mainland to be stored in Tasmania's hydro storage. The first stage is not slated to be finished until 2028/29. One of the nation's largest energy projects could be in doubt amid a government stoush and a cost blowout. The multi-billion-dollar Marinus Link undersea power cable project to connect Tasmania to the mainland has been touted as critical to making the island state the "battery of the nation" by increasing its capacity to export green power. The $5.5 billion project is set to be funded by the federal, Tasmanian and Victorian governments. The Tasmanian government's decision on its 17.7 per cent share of the link's Stage 1 cable, initially promised by July 31, has been delayed. Tasmania's Shadow Energy Minister Janie Finlay on Saturday accused Premier Jeremy Rockliff of blocking a briefing from Energy Minister Nick Duigan on the Marinus business case. It had been hoped the briefing would create bipartisan support to secure the project as Tasmania's Liberal government scrambles for survival following the July 19 election. "We are days away from a critical decision on one of Tasmania's largest infrastructure projects," Ms Finlay told reporters. "The business case has been sitting in the premier's office for two months, but Jeremy Rockliff won't let Tasmanians see it. "Not only have they just not briefed Tasmanian Labor, but the premier has stepped in and actively blocked that." Tasmanian Minerals, Manufacturing and Energy Council chief executive Ray Mostogl said the delay and uncertainty placed the entire project at risk. Marinus Link must "issue notice to proceed" by the end of August or lose a $1.07 billion contract with the Italy-based Prysmian Group to supply the 345km cable. Tasmania's Liberal government is in caretaker mode after the state election delivered another large crossbench, some of whom oppose the Marinus project. Ms Finlay accused the Rockliff government of hiding the Marinus Link business case for political gain because it included significant price impacts to pay for transmission infrastructure. The government has denied Mr Rockliff or his staff blocked a briefing, saying the opposition would be briefed in line with caretaker conventions. "We are carefully and methodically working through the details, with a decision expected soon," Mr Duigan said. The undersea electricity and data connector would link Tasmania's northwest with Victoria's Latrobe Valley and allow the smaller state to import surplus solar while exporting hydropower to the mainland grid, where it could help reduce the risk of brownouts. The project was scaled back in September 2023 after the cost of two cables blew out by $1.7 billion to an estimated $5.5 billion. Under the plan, Victoria has a 33.3 per cent share and Tasmania 17.7 per cent, with an option to sell its stake to the Commonwealth on completion. Marinus Link has been touted as a critical component in making Tasmania the "battery" of the nation by increasing the island's capacity to export green power and allow excess energy generated on the mainland to be stored in Tasmania's hydro storage. The first stage is not slated to be finished until 2028/29. One of the nation's largest energy projects could be in doubt amid a government stoush and a cost blowout. The multi-billion-dollar Marinus Link undersea power cable project to connect Tasmania to the mainland has been touted as critical to making the island state the "battery of the nation" by increasing its capacity to export green power. The $5.5 billion project is set to be funded by the federal, Tasmanian and Victorian governments. The Tasmanian government's decision on its 17.7 per cent share of the link's Stage 1 cable, initially promised by July 31, has been delayed. Tasmania's Shadow Energy Minister Janie Finlay on Saturday accused Premier Jeremy Rockliff of blocking a briefing from Energy Minister Nick Duigan on the Marinus business case. It had been hoped the briefing would create bipartisan support to secure the project as Tasmania's Liberal government scrambles for survival following the July 19 election. "We are days away from a critical decision on one of Tasmania's largest infrastructure projects," Ms Finlay told reporters. "The business case has been sitting in the premier's office for two months, but Jeremy Rockliff won't let Tasmanians see it. "Not only have they just not briefed Tasmanian Labor, but the premier has stepped in and actively blocked that." Tasmanian Minerals, Manufacturing and Energy Council chief executive Ray Mostogl said the delay and uncertainty placed the entire project at risk. Marinus Link must "issue notice to proceed" by the end of August or lose a $1.07 billion contract with the Italy-based Prysmian Group to supply the 345km cable. Tasmania's Liberal government is in caretaker mode after the state election delivered another large crossbench, some of whom oppose the Marinus project. Ms Finlay accused the Rockliff government of hiding the Marinus Link business case for political gain because it included significant price impacts to pay for transmission infrastructure. The government has denied Mr Rockliff or his staff blocked a briefing, saying the opposition would be briefed in line with caretaker conventions. "We are carefully and methodically working through the details, with a decision expected soon," Mr Duigan said. The undersea electricity and data connector would link Tasmania's northwest with Victoria's Latrobe Valley and allow the smaller state to import surplus solar while exporting hydropower to the mainland grid, where it could help reduce the risk of brownouts. The project was scaled back in September 2023 after the cost of two cables blew out by $1.7 billion to an estimated $5.5 billion. Under the plan, Victoria has a 33.3 per cent share and Tasmania 17.7 per cent, with an option to sell its stake to the Commonwealth on completion. Marinus Link has been touted as a critical component in making Tasmania the "battery" of the nation by increasing the island's capacity to export green power and allow excess energy generated on the mainland to be stored in Tasmania's hydro storage. The first stage is not slated to be finished until 2028/29. One of the nation's largest energy projects could be in doubt amid a government stoush and a cost blowout. The multi-billion-dollar Marinus Link undersea power cable project to connect Tasmania to the mainland has been touted as critical to making the island state the "battery of the nation" by increasing its capacity to export green power. The $5.5 billion project is set to be funded by the federal, Tasmanian and Victorian governments. The Tasmanian government's decision on its 17.7 per cent share of the link's Stage 1 cable, initially promised by July 31, has been delayed. Tasmania's Shadow Energy Minister Janie Finlay on Saturday accused Premier Jeremy Rockliff of blocking a briefing from Energy Minister Nick Duigan on the Marinus business case. It had been hoped the briefing would create bipartisan support to secure the project as Tasmania's Liberal government scrambles for survival following the July 19 election. "We are days away from a critical decision on one of Tasmania's largest infrastructure projects," Ms Finlay told reporters. "The business case has been sitting in the premier's office for two months, but Jeremy Rockliff won't let Tasmanians see it. "Not only have they just not briefed Tasmanian Labor, but the premier has stepped in and actively blocked that." Tasmanian Minerals, Manufacturing and Energy Council chief executive Ray Mostogl said the delay and uncertainty placed the entire project at risk. Marinus Link must "issue notice to proceed" by the end of August or lose a $1.07 billion contract with the Italy-based Prysmian Group to supply the 345km cable. Tasmania's Liberal government is in caretaker mode after the state election delivered another large crossbench, some of whom oppose the Marinus project. Ms Finlay accused the Rockliff government of hiding the Marinus Link business case for political gain because it included significant price impacts to pay for transmission infrastructure. The government has denied Mr Rockliff or his staff blocked a briefing, saying the opposition would be briefed in line with caretaker conventions. "We are carefully and methodically working through the details, with a decision expected soon," Mr Duigan said. The undersea electricity and data connector would link Tasmania's northwest with Victoria's Latrobe Valley and allow the smaller state to import surplus solar while exporting hydropower to the mainland grid, where it could help reduce the risk of brownouts. The project was scaled back in September 2023 after the cost of two cables blew out by $1.7 billion to an estimated $5.5 billion. Under the plan, Victoria has a 33.3 per cent share and Tasmania 17.7 per cent, with an option to sell its stake to the Commonwealth on completion. Marinus Link has been touted as a critical component in making Tasmania the "battery" of the nation by increasing the island's capacity to export green power and allow excess energy generated on the mainland to be stored in Tasmania's hydro storage. The first stage is not slated to be finished until 2028/29.
Perth Now
4 days ago
- Business
- Perth Now
'Battery of the nation' undersea power cable at risk
One of the nation's largest energy projects could be in doubt amid a government stoush and a cost blowout. The multi-billion-dollar Marinus Link undersea power cable project to connect Tasmania to the mainland has been touted as critical to making the island state the "battery of the nation" by increasing its capacity to export green power. The $5.5 billion project is set to be funded by the federal, Tasmanian and Victorian governments. The Tasmanian government's decision on its 17.7 per cent share of the link's Stage 1 cable, initially promised by July 31, has been delayed. Tasmania's Shadow Energy Minister Janie Finlay on Saturday accused Premier Jeremy Rockliff of blocking a briefing from Energy Minister Nick Duigan on the Marinus business case. It had been hoped the briefing would create bipartisan support to secure the project as Tasmania's Liberal government scrambles for survival following the July 19 election. "We are days away from a critical decision on one of Tasmania's largest infrastructure projects," Ms Finlay told reporters. "The business case has been sitting in the premier's office for two months, but Jeremy Rockliff won't let Tasmanians see it. "Not only have they just not briefed Tasmanian Labor, but the premier has stepped in and actively blocked that." Tasmanian Minerals, Manufacturing and Energy Council chief executive Ray Mostogl said the delay and uncertainty placed the entire project at risk. Marinus Link must "issue notice to proceed" by the end of August or lose a $1.07 billion contract with the Italy-based Prysmian Group to supply the 345km cable. Tasmania's Liberal government is in caretaker mode after the state election delivered another large crossbench, some of whom oppose the Marinus project. Ms Finlay accused the Rockliff government of hiding the Marinus Link business case for political gain because it included significant price impacts to pay for transmission infrastructure. The government has denied Mr Rockliff or his staff blocked a briefing, saying the opposition would be briefed in line with caretaker conventions. "We are carefully and methodically working through the details, with a decision expected soon," Mr Duigan said. The undersea electricity and data connector would link Tasmania's northwest with Victoria's Latrobe Valley and allow the smaller state to import surplus solar while exporting hydropower to the mainland grid, where it could help reduce the risk of brownouts. The project was scaled back in September 2023 after the cost of two cables blew out by $1.7 billion to an estimated $5.5 billion. Under the plan, Victoria has a 33.3 per cent share and Tasmania 17.7 per cent, with an option to sell its stake to the Commonwealth on completion. Marinus Link has been touted as a critical component in making Tasmania the "battery" of the nation by increasing the island's capacity to export green power and allow excess energy generated on the mainland to be stored in Tasmania's hydro storage. The first stage is not slated to be finished until 2028/29.
The Advertiser
28-06-2025
- Business
- The Advertiser
State Liberals hit back at critics and launch campaign
Embattled Premier Jeremy Rockliff has hit back at growing criticism of his government's budget management as he formally launches his campaign to recapture the hearts, minds and votes of Tasmanians. The island state heads to the polls next month after parliament declared no confidence in the Liberal minority leader in early June. It will be Tasmania's second election in successive years and the fourth since 2018. Debt is the number one issue, with the dissenting opposition and crossbench lashing Mr Rockliff over his handling of the state's finances. Figures released last week by treasury forecast a worse position than estimated in the May 2025/26 state budget, with net debt to reach $13 billion in 2027/28, above the budget forecast of $10.2 billion. It called for "explicit policy choices", warning the rate of debt growth was unsustainable. Mr Rockliff will head to Tasmania's north on Sunday to officially hit "go" on his re-election bid. However, in an attempt to beat him to the punch, Labor leader Dean Winter on Saturday unveiled plans to immediately find $1 billion in savings if he wins power and to put any windfall tax revenue gains towards debt reduction. Mr Rockliff immediately dismissed the move as "a recycling of a number of policies already in existence". "His plan to 'maximise government business profits' means higher charges, including increased car rego and power prices," he said. "The truth is Mr Winter will increase taxes." The major parties also traded barbs on Saturday on support for the proposed Marinus Link project. The undersea electricity and data connector would link Tasmania's northwest with Victoria's Latrobe Valley and allow the smaller state to import surplus solar while exporting hydropower to the mainland grid where it could help reduce the risk of brownouts. "After promising the project for 11 years - and delivering nothing - Jeremy Rockliff is now unsure whether he supports it," according to opposition energy spokeswoman Janie Finley. Government counterpart Nick Duigan accused Mr Winter of wanting to "trade away" Tasmania's economic future by forfeiting a seat at the Marinus table and leaving Victoria to call the shots in any deal. The Liberals (14 seats) and Labor (10) face an uphill battle to reach the 18-seat mark required to govern in head to the polls on July 19. Embattled Premier Jeremy Rockliff has hit back at growing criticism of his government's budget management as he formally launches his campaign to recapture the hearts, minds and votes of Tasmanians. The island state heads to the polls next month after parliament declared no confidence in the Liberal minority leader in early June. It will be Tasmania's second election in successive years and the fourth since 2018. Debt is the number one issue, with the dissenting opposition and crossbench lashing Mr Rockliff over his handling of the state's finances. Figures released last week by treasury forecast a worse position than estimated in the May 2025/26 state budget, with net debt to reach $13 billion in 2027/28, above the budget forecast of $10.2 billion. It called for "explicit policy choices", warning the rate of debt growth was unsustainable. Mr Rockliff will head to Tasmania's north on Sunday to officially hit "go" on his re-election bid. However, in an attempt to beat him to the punch, Labor leader Dean Winter on Saturday unveiled plans to immediately find $1 billion in savings if he wins power and to put any windfall tax revenue gains towards debt reduction. Mr Rockliff immediately dismissed the move as "a recycling of a number of policies already in existence". "His plan to 'maximise government business profits' means higher charges, including increased car rego and power prices," he said. "The truth is Mr Winter will increase taxes." The major parties also traded barbs on Saturday on support for the proposed Marinus Link project. The undersea electricity and data connector would link Tasmania's northwest with Victoria's Latrobe Valley and allow the smaller state to import surplus solar while exporting hydropower to the mainland grid where it could help reduce the risk of brownouts. "After promising the project for 11 years - and delivering nothing - Jeremy Rockliff is now unsure whether he supports it," according to opposition energy spokeswoman Janie Finley. Government counterpart Nick Duigan accused Mr Winter of wanting to "trade away" Tasmania's economic future by forfeiting a seat at the Marinus table and leaving Victoria to call the shots in any deal. The Liberals (14 seats) and Labor (10) face an uphill battle to reach the 18-seat mark required to govern in head to the polls on July 19. Embattled Premier Jeremy Rockliff has hit back at growing criticism of his government's budget management as he formally launches his campaign to recapture the hearts, minds and votes of Tasmanians. The island state heads to the polls next month after parliament declared no confidence in the Liberal minority leader in early June. It will be Tasmania's second election in successive years and the fourth since 2018. Debt is the number one issue, with the dissenting opposition and crossbench lashing Mr Rockliff over his handling of the state's finances. Figures released last week by treasury forecast a worse position than estimated in the May 2025/26 state budget, with net debt to reach $13 billion in 2027/28, above the budget forecast of $10.2 billion. It called for "explicit policy choices", warning the rate of debt growth was unsustainable. Mr Rockliff will head to Tasmania's north on Sunday to officially hit "go" on his re-election bid. However, in an attempt to beat him to the punch, Labor leader Dean Winter on Saturday unveiled plans to immediately find $1 billion in savings if he wins power and to put any windfall tax revenue gains towards debt reduction. Mr Rockliff immediately dismissed the move as "a recycling of a number of policies already in existence". "His plan to 'maximise government business profits' means higher charges, including increased car rego and power prices," he said. "The truth is Mr Winter will increase taxes." The major parties also traded barbs on Saturday on support for the proposed Marinus Link project. The undersea electricity and data connector would link Tasmania's northwest with Victoria's Latrobe Valley and allow the smaller state to import surplus solar while exporting hydropower to the mainland grid where it could help reduce the risk of brownouts. "After promising the project for 11 years - and delivering nothing - Jeremy Rockliff is now unsure whether he supports it," according to opposition energy spokeswoman Janie Finley. Government counterpart Nick Duigan accused Mr Winter of wanting to "trade away" Tasmania's economic future by forfeiting a seat at the Marinus table and leaving Victoria to call the shots in any deal. The Liberals (14 seats) and Labor (10) face an uphill battle to reach the 18-seat mark required to govern in head to the polls on July 19. Embattled Premier Jeremy Rockliff has hit back at growing criticism of his government's budget management as he formally launches his campaign to recapture the hearts, minds and votes of Tasmanians. The island state heads to the polls next month after parliament declared no confidence in the Liberal minority leader in early June. It will be Tasmania's second election in successive years and the fourth since 2018. Debt is the number one issue, with the dissenting opposition and crossbench lashing Mr Rockliff over his handling of the state's finances. Figures released last week by treasury forecast a worse position than estimated in the May 2025/26 state budget, with net debt to reach $13 billion in 2027/28, above the budget forecast of $10.2 billion. It called for "explicit policy choices", warning the rate of debt growth was unsustainable. Mr Rockliff will head to Tasmania's north on Sunday to officially hit "go" on his re-election bid. However, in an attempt to beat him to the punch, Labor leader Dean Winter on Saturday unveiled plans to immediately find $1 billion in savings if he wins power and to put any windfall tax revenue gains towards debt reduction. Mr Rockliff immediately dismissed the move as "a recycling of a number of policies already in existence". "His plan to 'maximise government business profits' means higher charges, including increased car rego and power prices," he said. "The truth is Mr Winter will increase taxes." The major parties also traded barbs on Saturday on support for the proposed Marinus Link project. The undersea electricity and data connector would link Tasmania's northwest with Victoria's Latrobe Valley and allow the smaller state to import surplus solar while exporting hydropower to the mainland grid where it could help reduce the risk of brownouts. "After promising the project for 11 years - and delivering nothing - Jeremy Rockliff is now unsure whether he supports it," according to opposition energy spokeswoman Janie Finley. Government counterpart Nick Duigan accused Mr Winter of wanting to "trade away" Tasmania's economic future by forfeiting a seat at the Marinus table and leaving Victoria to call the shots in any deal. The Liberals (14 seats) and Labor (10) face an uphill battle to reach the 18-seat mark required to govern in head to the polls on July 19.
Perth Now
28-06-2025
- Business
- Perth Now
State Liberals hit back at critics and launch campaign
Embattled Premier Jeremy Rockliff has hit back at growing criticism of his government's budget management as he formally launches his campaign to recapture the hearts, minds and votes of Tasmanians. The island state heads to the polls next month after parliament declared no confidence in the Liberal minority leader in early June. It will be Tasmania's second election in successive years and the fourth since 2018. Debt is the number one issue, with the dissenting opposition and crossbench lashing Mr Rockliff over his handling of the state's finances. Figures released last week by treasury forecast a worse position than estimated in the May 2025/26 state budget, with net debt to reach $13 billion in 2027/28, above the budget forecast of $10.2 billion. It called for "explicit policy choices", warning the rate of debt growth was unsustainable. Mr Rockliff will head to Tasmania's north on Sunday to officially hit "go" on his re-election bid. However, in an attempt to beat him to the punch, Labor leader Dean Winter on Saturday unveiled plans to immediately find $1 billion in savings if he wins power and to put any windfall tax revenue gains towards debt reduction. Mr Rockliff immediately dismissed the move as "a recycling of a number of policies already in existence". "His plan to 'maximise government business profits' means higher charges, including increased car rego and power prices," he said. "The truth is Mr Winter will increase taxes." The major parties also traded barbs on Saturday on support for the proposed Marinus Link project. The undersea electricity and data connector would link Tasmania's northwest with Victoria's Latrobe Valley and allow the smaller state to import surplus solar while exporting hydropower to the mainland grid where it could help reduce the risk of brownouts. "After promising the project for 11 years - and delivering nothing - Jeremy Rockliff is now unsure whether he supports it," according to opposition energy spokeswoman Janie Finley. Government counterpart Nick Duigan accused Mr Winter of wanting to "trade away" Tasmania's economic future by forfeiting a seat at the Marinus table and leaving Victoria to call the shots in any deal. The Liberals (14 seats) and Labor (10) face an uphill battle to reach the 18-seat mark required to govern in majority. Tasmanians head to the polls on July 19.
Yahoo
25-03-2025
- Politics
- Yahoo
‘Nonsense': Albo slams Greens over salmon
Greens and Labor are lunging at each other's throats over controversial amendments to the EPBC Act, which are designed to protect Tasmania's salmon industry and are expected to pass parliament today. Greens leader Adam Bandt raised the matter directly with Prime Minister Anthony Albanese at Question Time, claiming the government was 'gutting' environmental laws and driving an iconic species to 'extinction'. The amendments will end Environment Minister Tanya Plibersek's formal reconsideration of a 2012 approval for expanded fish farming in Macquarie Harbour. The Coalition is expected to back the amendments and Mr Bandt said Labor was 'following' Mr Dutton. 'What absolute nonsense from the member for Melbourne (Mr Bandt),' Mr Albanese said in reply. 'The leader of a political party that stopped climate action that last time we were in government.' Mr Albanese said his government had established effective climate change targets and a plan to achieve them. He then derided the Greens as job-destroying fantasists. 'They have never seen a job they don't want to destroy,' he said. He said the Greens had opposed the Marinus link project, which would finnel renewable energy between Tasmania and Victoria, and wind farms in Tasmania. 'Wherever there is a job, they are oppose to it,' he said. Mr Albanese said Labor would defends job and environmental sustainability. Deputy Opposition Leader Sussan Ley asked Ms Plibersek whether she would retain the power to stop salmon farming after the next election. Ms Plibersek said the amendments would apply ' to a very small number of potential decisions'. The changes only encompass activities that are already underway or recurring, have been ongoing for five years before a reconsideration application is submitted, and are carried on under the supervision of state territory government and their environmental protection agencies. Tasmanian Senator Jacqui Lambie has slammed the proposed changes. 'Mining companies have to clean up after themselves, but apparently the salmon companies, they get right off the hook,' she said. 'Mining companies have to abide by the environmental laws, but apparently no … free pass over here, the dirty stinking salmon over here, because the Labor Party, Liberal Party, think it will give them a better chance of winning those electoral seats in Bradden and Lyons.' Ms Plibersek was also pressed on whether she would declare her support or opposition for the North West Shelf resources project in WA. Mr Dutton has come out in favour of the mammoth project. Ms Plibersek said she would not comment on the issue and stressed prejudging or commenting on assessments before a decision had been made 'leads to court cases'. 'I can say, very clearly, that our broad approach will always be to follow the law and to follow the science,' she said.
