Jenny McAllister (NSW, Australian Labor Party, Assistant Minister for Climate Change and Energy) Share this | Hansard source

All three governments remain committed to Marinus Link, and that is because they understand the significant benefits that the project will deliver to energy customers in Tasmania and on the mainland. I've already talked, in my answer to your first supplementary question, about the jobs benefits, but the other benefits, of course, include reliability. This will improve reliability in the NEM and better utilise existing Tasmanian generation, with the first cable delivering an additional 750 megawatts of firmed supply to the mainland at times of peak demand, especially in Victoria. It also provides a measure of security for Basslink. That's additional security for Tasmania. It's important redundancy for that Basslink cable.

The second cable, which will be considered after the final investment decision is taken for cable 1, will support investment in Battery of the Nation projects as well as Tasmanian renewables, which will put downward pressure on electricity prices. (Time expired)