Jenny McAllister (NSW, Australian Labor Party, Minister for Emergency Management) Share this | Hansard source

As I have indicated previously to questions asked by Senator Roberts in this chamber, the cost of the transition is regularly estimated out to 2050 by AEMO, and it is included in the integrated system plan, which is regularly published and updated. Different states have different arrangements in terms of the ownership and investment in generation, and so the investment that will take place will look different depending on the ownership arrangements that are in place across the national electricity market. However, we understand that there is a measure of support required from the Commonwealth government, and it is why we have put in place the Capacity Investment Scheme, which aims to provide support for those who are seeking to invest in new capacity, whether it is in batteries or other forms of generation in the national electricity market.