Chris Bowen (McMahon, Australian Labor Party, Minister for Climate Change and Energy) Share this | Hansard source

Thank you, Mr Speaker. The retail increase in Victoria that wasn't known before the 2022 election, which should have been known, was $61 for households and $270 for small businesses. Six coal-fired power stations totalling 6.8 gigawatts announced their closure under the former government—Morwell, Anglesea, Hazelwood, Yallourn, Loy Yang B and Loy Yang A—with the first three closing in that period. There was no plan to replace any of them. The previous government's big scheme, the Underwriting New Generation Investments program, or UNGI, delivered exactly zero gigawatts for Victoria under them.

By contrast, four gigawatts of renewables and 1.2 gigawatts of large-scale storage have been added in Victoria since May 2022. A further 2.8 gigawatts of renewables and 1.8 gigawatts of storage capacity in Victoria have been selected under our government's Capacity Investment Scheme. So: under our Capacity Investment Scheme, 2.8 gigawatts of renewables and 1.8 gigawatts of storage for Victoria; under their UNGI scheme, zero for Victoria—to be fair, zero for everyone, but, given that the question was about Victoria, zero. And I'm very pleased to report that, as of today, 139,629 Australians have installed a cheaper home battery, and 23,845 of those have been in Victoria, with that state now having 500 megawatt hours of new home battery capacity since 1 July.

So, what our government is doing is delivering for the people of Victoria and repairing the damage of 10 years of denial and delay that the previous government inflicted on the people of Victoria.

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