Angus Taylor (Hume, Liberal Party, Minister for Energy and Emissions Reduction) Share this | Hansard source

apples for apples choices, so when they get offers coming from the various energy companies, those offers are absolutely comparable.

On top of that, we are bringing more supply into the marketplace. We are seeing that with the Snowy 2.0 project—2,000 megawatts of capacity with 175 hours of storage. The cost of that storage is one-fiftieth of the cost of batteries. Indeed, if you were to build batteries the equivalent of what we're doing with Snowy 2.0, it would cost hundreds of billions of dollars! So what that project is doing is reducing volatility in the market and putting downward pressure on wholesale electricity prices.

But we're unified on energy and climate policy on this side of the House. We're unified. The contrast over there is the member for Hindmarsh has asked for a ruthless and unsparing review of their energy and climate policies. Well, he got that review from the member for Hunter! He got that from the member for Hunter, but he didn't want it to be that ruthless and unsparing, because the member for Hunter went with our policies.

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