Winter: Marinus Cost Blows Out to $4B, Who Pays?

Dean Winter MP, Shadow Minister for Energy and Emissions Reduction, 24 June 2022

$ 300 million Marinus cost blowout

The cost has blown out to almost $ 4 billion, but we still do not know who will pay for Project Marinus.

Hapless Energy Minister, Guy Barnett, is spending $ 245 million and at least eight years just to get the project to investment decision.

Clinging to anything remotely positive, this week Minister Barnett has resorted to announcing not who is going to build the project, but the seven suppliers who are shortlisted to maybe, one day, build it. You could not make this up.

By the Government’s own calculations, only six per cent of Marinus’ benefits are expected to flow to Tasmania.

The Rockliff-Ferguson’s Government’s relentless pursuit of this project has cost Tasmanians households $ 227 per household next year alone, after they broke their promise to de-link from the NEM, so that they could try to build Marinus.

All the while, Labor has uncovered that the Commonwealth told the Tasmanian Government last year it would not be able to achieve a rule change by its 2024 investment decision deadline. Despite this, the Minister pushes on, pretending everything is fine.

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