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House of Assembly - Fifty-Fifth Parliament, First Session (55-1)
2023-11-01 Daily Xml
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Hydrogen Power Plant

Mr PATTERSON (Morphett) (14:19): My question is to the Minister for Energy and Mining. How much will the hydrogen power station cost South Australian taxpayers? With your leave, sir, and that of the house, I will explain.

Leave granted.

Mr PATTERSON: In 2021, the Labor Party's policy indicated the cost was to be $593 million, based on the modelling performed by Frontier Economics. In a new economy podcast published in August 2023, the minister commented, 'The early contracting engagement is all about making sure we can finalise those costs. The budget is set at $593 million, but if that changes, it changes.' ABS data suggests that since 2021 construction cost inflation is at 30 per cent.

The Hon. A. KOUTSANTONIS (West Torrens—Minister for Infrastructure and Transport, Minister for Energy and Mining) (14:20): I get interjections about escalation costs being outrageous in the previous question, and now they are saying escalation costs have to be factored in. Which one is it?

An honourable member: Both.

The Hon. A. KOUTSANTONIS: Both? Alright, both. Okay, it's both. So if I float, I am a witch. If I drown, I am innocent. I get it now. I understand now, Mr Speaker. I understand how it works.

Members interjecting:

The SPEAKER: Order!

The Hon. A. KOUTSANTONIS: The truth is that our budget is $593 million. It is unchanged.

Members interjecting:

The SPEAKER: Order!

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