The State Government would again spend record amounts to upgrade and maintain Western Australia’s electricity services to ensure the needs of both industry and households were met, Treasurer Eric Ripper said today.
Mr Ripper said the 2008-09 Budget showed the Carpenter Government would spend $1.2billion on capital works in 2008-09 as part of a four-year $4.5billion program to improve the State’s electricity services.
“When completed in 2012, $8.5billion in capital works will have been invested in WA’s electricity services since 2001,” he said.
“Western Power will spend nearly $948 million on transmission and distribution infrastructure in 2008-09 making this year’s capital works program Western Power’s biggest ever.
“Horizon Power will also continue its upgrade and expansion program, spending more than $123.3million on the electricity network in the State’s regional areas in 2008-09 and Verve Energy will spend $84.3million on major power generation projects.”
The Treasurer said the Carpenter Government‘s investment in the State’s electricity system was in direct response to the increasing needs of a growing economy.
“The money allocated in this year’s budget will help cater for WA’s record growth and improve the delivery of electricity services to people and businesses all over the State,” he said.
Mr Ripper said Western Power would spend $949 million to undertake a comprehensive capital works program in 2008-09. Some of these key programs included:
· $75.6million on a new $295million 330kV transmission line from Pinjar to Moonyoonooka near Geraldton, one of the largest projects ever undertaken by Western Power;
· $50.6million on a new $169million 330kV transmission line from Collie to a new substation to be built in Perth’s eastern suburbs;
· $4.6million for a new $180million transmission line from Collie to Southdown, north-east of Albany, to service the Grange Resources mine;
· $190.6million on new transmission capacity, including new substations at Wangara, Joondalup, Warwick and Thornlie;
· new transmission line to the Boddington gold mine ($9.4million);
· $256.4million to expand the network’s distribution capacity, replace ageing infrastructure and improve reliability and safety; and
· $21.3million on the successful Rural Power Improvement Program, which specifically targeted reliability of supply in rural areas.
Funding has been provided for Horizon Power to undertake significant regional electricity projects, including refurbishment of the Marble Bar ($14million) and Nullagine ($11million) power stations in 2008-09 and construction of a new $70million power station in Carnarvon commencing 2009-10. The new Marble Bar and Nullagine power stations will use solar power to generate up to one-third of the towns’ electricity needs
Mr Ripper said $50million would be invested in Verve Energy to develop renewable energy projects with the private sector. Verve Energy would also undertake a further $73.1 capital works program.
Treasurer's office - 9222 8788