Senate debates

Wednesday, 2 August 2023

Questions without Notice

Energy

2:30 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

Well, the AEMO, the electricity market operator—

Honourable senators interjecting—

Well, this is like the fact-free debate we had in the coalition for 10 years, and which is why we are where we are. But, if I could just go back so I can answer Senator Hanson's question, the electricity market operator said:

Less volatile market conditions, improved generation availability and higher renewable output put downward pressure on wholesale electricity prices, increased market share of lower marginal cost renewables, helped push down the wholesale electricity cost from Q2 2022, despite the quarter having the highest Q2 underlying demand recorded since 2016.

Senator Hanson, I know you don't agree with this, but I'm simply saying to you that the advice to government and the advice from the market operator—not a politician, not a lobbyist but the entity in charge of running the electricity market—has made clear that renewables—

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