Katy Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

I was trying to assist, Senator Hanson. I answered your question. It is factored into the budget. It is contained in the contingent liabilities. There is a review underway. Where figures are commercially sensitive, we can't release them, but I am happy to provide you with whatever information I can around the Capacity Investment Scheme. For example, 23 Capacity Investment Scheme agreements have been executed, with projects representing seven gigawatts of capacity, and negotiations are continuing with 33 projects. The CIS, the Capacity Investment Scheme, is delivering at least 40 gigawatts of new renewable and clean dispatchable capacity to replace capacity from the ageing and increasingly unreliable coal plants, placing downward pressure on electricity prices and helping deliver the Australian government's Renewable Energy Target by 2030.