Energy Minister Chris Bowen speaks on the future of the energy sector in Australia

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Chris Bowen Federal Energy Minister Future Made In Noticias

Chris Bowen,Federal Energy Minister,Future Made In Australia Program

Sarah Ferguson presents Australia's premier daily current affairs program, delivering agenda-setting public affairs journalism and interviews that hold the powerful to account. Plus political analysis from Laura Tingle.

SARAH FERGUSON: Now is the extension of the Eraring coal-fired power station a sign that the very ambitious rollout of renewables is not moving fast enough?

SARAH FERGUSON: Now, when, just on AEMO , when there are warnings about blackouts, do you take those seriously, or have they now proven too many times not to eventuate? Now again, to your point, you're right. Every single energy statement or electricity statement of opportunity for the last several years has pointed to reliability gaps, ie to shortfalls. They haven't eventuated because the statement does what it is intended to do and brings forward the investment.

CHRIS BOWEN: No, because this is Opposition policy. We can only go on what the Opposition has been telling us, that there is going to six or seven sites. Well, the fact of the matter is, report after report, after report shows that nuclear energy is the most expensive form of energy. CHRIS BOWEN: It is hugely ambitious to say that. I mean nuclear reactors can take 20 years to build and that's before you built a regulatory system, built a workforce. None of which we have in Australia. That's years of effort just in and of itself.

Angus Taylor says it won't require government subsidies, their policy. I can't wait to see the details of this policy because it will not survive contact with reality. Report after report, the latest gen costs just the most recent example showing us that it is the cheapest form of energy. There is no scenario in which we have to reduce emissions in this critical decade, we have to have the cheapest form of energy and the fastest renewable form of energy. Renewable energy is fast to build and cheap to run. Nuclear energy is slow to build and extraordinarily expensive to build.

SARAH FERGUSON: And what about the idea of protecting Australians in the way that they weren't protected when the gas industry was developed?SARAH FERGUSON: Is he right on principle, that there should be some protections? SARAH FERGUSON: I just want to ask you a couple of questions not related to energy. Does the Albanese Government support the process underway at the ICC following the prosecutor's request for warrants for Benjamin Netanyahu and Yoav Gallant?SARAH FERGUSON: Do you support that specific process?

 

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