1 00:00:04,110 --> 00:00:06,359 Sean Aylmer: Welcome to the Fear And Greed Daily interview, I'm Sean 2 00:00:06,360 --> 00:00:09,750 Sean Aylmer: Aylmer. We've talked plenty on this podcast about the shift 3 00:00:09,780 --> 00:00:13,050 Sean Aylmer: to renewable energy. Today I wanted to talk to one 4 00:00:13,050 --> 00:00:16,020 Sean Aylmer: of the companies driving the change in Australia in building 5 00:00:16,020 --> 00:00:18,840 Sean Aylmer: the infrastructure that will see it actually become a reality. 6 00:00:19,110 --> 00:00:22,650 Sean Aylmer: Brett Wickham is the local Managing Director of ACCIONA Energía, 7 00:00:23,489 --> 00:00:26,640 Sean Aylmer: the energy arm of the Spanish infrastructure giant. Brett, welcome 8 00:00:26,700 --> 00:00:27,660 Sean Aylmer: to Fear and Greed. 9 00:00:27,990 --> 00:00:29,670 Brett Wickham: Thanks very much for having me, it's a pleasure. 10 00:00:30,480 --> 00:00:35,580 Sean Aylmer: Such a big topic to cover. Let's start perhaps on 11 00:00:35,580 --> 00:00:37,620 Sean Aylmer: the specifics. In the last month or so, you've started 12 00:00:37,620 --> 00:00:42,390 Sean Aylmer: building the $ 2 billion MacIntyre Wind Precinct in Queensland. Once 13 00:00:42,390 --> 00:00:44,790 Sean Aylmer: complete, it'll be the largest wind farm in the Southern 14 00:00:44,790 --> 00:00:47,849 Sean Aylmer: Hemisphere. Just how do we get our head around the 15 00:00:47,850 --> 00:00:51,599 Sean Aylmer: scope and the size of the project? How long it'll 16 00:00:51,600 --> 00:00:54,450 Sean Aylmer: take to build, how much it'll cost, how much electricity 17 00:00:54,450 --> 00:00:55,080 Sean Aylmer: it'll generate? 18 00:00:55,650 --> 00:01:00,600 Brett Wickham: Yeah, look good question. The project has been on the 19 00:01:00,600 --> 00:01:03,150 Brett Wickham: development pipeline for about seven or eight years now and 20 00:01:03,150 --> 00:01:06,360 Brett Wickham: it started off as a very small project which didn't 21 00:01:06,360 --> 00:01:10,170 Brett Wickham: really have a grid solution for it. The smaller voltage 22 00:01:10,170 --> 00:01:12,360 Brett Wickham: transmission network that we wanted to connect it to, it 23 00:01:12,450 --> 00:01:16,470 Brett Wickham: wasn't really viable. So we challenged our team internally to 24 00:01:17,550 --> 00:01:19,470 Brett Wickham: make it big and see if we could connect to 25 00:01:19,470 --> 00:01:23,880 Brett Wickham: the 330 lines which are adjacent to the site, 60 kilometers away. 26 00:01:23,880 --> 00:01:28,830 Brett Wickham: So that's how this embryonic stage of the project was, 27 00:01:28,830 --> 00:01:32,880 Brett Wickham: it grew from about 500 megawatts. To connect a line 28 00:01:32,880 --> 00:01:35,309 Brett Wickham: that far you need to make the project quite large. 29 00:01:35,610 --> 00:01:38,490 Brett Wickham: Then we decided, well for security purposes we needed to 30 00:01:38,490 --> 00:01:40,470 Brett Wickham: make that line double circuit, so then you make it 31 00:01:40,680 --> 00:01:45,419 Brett Wickham: larger. Now that's where we sit at the 1, 000 megawatts 32 00:01:45,420 --> 00:01:49,140 Brett Wickham: that we're at today. I must admit though, the 1, 000 megawatts is being 33 00:01:49,170 --> 00:01:52,080 Brett Wickham: principally driven by the size of the modern turbine. So 34 00:01:52,080 --> 00:01:56,670 Brett Wickham: the turbines on site are a 5.7 megawatt turbine, and 35 00:01:57,300 --> 00:01:59,520 Brett Wickham: 20 years ago when I started in the industry were 36 00:02:00,030 --> 00:02:03,300 Brett Wickham: a little over a megawatt. So it shows you that 37 00:02:03,300 --> 00:02:08,430 Brett Wickham: five fold increase. A 1, 000 megawatts to put in context, 38 00:02:08,430 --> 00:02:15,330 Brett Wickham: will power about 700,000 homes. So it's a really meaningful 39 00:02:16,139 --> 00:02:20,130 Brett Wickham: chunky project which helps us with the transition towards a 40 00:02:20,130 --> 00:02:24,750 Brett Wickham: low emission's future. And certainly with the recently mandated targets 41 00:02:24,750 --> 00:02:29,040 Brett Wickham: for 2030 and again stepping forward to 2050. So $ 2 42 00:02:29,040 --> 00:02:34,139 Brett Wickham: billion, well 1. 96 I think to be correct, across 43 00:02:34,139 --> 00:02:37,410 Brett Wickham: both wind farms. So there's two wind farms on the precinct, 44 00:02:37,470 --> 00:02:42,720 Brett Wickham: there's the 923 megawatt MacIntyre wind farm, which is 162 45 00:02:42,720 --> 00:02:45,810 Brett Wickham: turbines. And then we hope very soon we'll be able 46 00:02:45,810 --> 00:02:51,120 Brett Wickham: to start construction on the 18 turbine, 102 megawatt Karara 47 00:02:51,120 --> 00:02:53,071 Brett Wickham: wind farm for CleanCo. 48 00:02:53,071 --> 00:02:57,389 Sean Aylmer: Okay, so you're building the wind farms, you're building the 49 00:02:57,990 --> 00:03:00,930 Sean Aylmer: connectivity to the grid. Is that correct? 50 00:03:00,990 --> 00:03:01,440 Brett Wickham: That's right. 51 00:03:01,440 --> 00:03:06,240 Sean Aylmer: Okay, so it is a massive project. In the last 52 00:03:06,240 --> 00:03:07,770 Sean Aylmer: few days we've had quite a few of the big 53 00:03:07,830 --> 00:03:12,240 Sean Aylmer: energy guys coming out and there's been a conference on, 54 00:03:12,480 --> 00:03:15,960 Sean Aylmer: and they've said the transition to renewables isn't the question 55 00:03:15,960 --> 00:03:19,320 Sean Aylmer: anymore, it's how fast can we do it? The infrastructure, 56 00:03:19,500 --> 00:03:22,410 Sean Aylmer: it's just not there. We're not capable of doing it 57 00:03:22,410 --> 00:03:26,190 Sean Aylmer: at this point. How big a challenge is it to 58 00:03:26,190 --> 00:03:31,650 Sean Aylmer: get something, a $1. 96 billion wind precinct up, and then 59 00:03:31,650 --> 00:03:36,060 Sean Aylmer: beyond that to actually have a grid that allows for 60 00:03:36,060 --> 00:03:36,930 Sean Aylmer: this to all happen? 61 00:03:37,770 --> 00:03:41,310 Brett Wickham: Yeah, look it's a great question. In the case of 62 00:03:41,310 --> 00:03:47,580 Brett Wickham: MacIntyre, we specifically could only connect this size of project 63 00:03:47,970 --> 00:03:50,610 Brett Wickham: in a very, very robust part of the network. So 64 00:03:50,610 --> 00:03:54,420 Brett Wickham: we worked for a long period of time with Powerlink, so the TNSP in 65 00:03:54,720 --> 00:03:59,100 Brett Wickham: Queensland to select the right location. And connecting near Millmerran 66 00:03:59,100 --> 00:04:03,210 Brett Wickham: where we'll be connecting into the 330 lines is the 67 00:04:03,210 --> 00:04:07,770 Brett Wickham: right place to connect 1000 MWs and hopefully in the future 68 00:04:07,770 --> 00:04:10,560 Brett Wickham: we'll be able to connect some more there. But you 69 00:04:10,560 --> 00:04:13,320 Brett Wickham: are right, the challenge for renewables at the moment is 70 00:04:13,320 --> 00:04:18,179 Brett Wickham: getting the right location on the network, whilst in parallel 71 00:04:19,050 --> 00:04:23,040 Brett Wickham: the federal government's announced the Rewiring the Nation Fund, and 72 00:04:23,040 --> 00:04:26,100 Brett Wickham: there's various inter connector upgrades that are going and different 73 00:04:26,100 --> 00:04:29,219 Brett Wickham: backbones that are being put in for transmission. I guess 74 00:04:29,220 --> 00:04:33,360 Brett Wickham: the challenge is trying to keep building whilst those new 75 00:04:33,360 --> 00:04:38,490 Brett Wickham: transmission inter connectors are coming over the next 5, 10, 15 76 00:04:38,490 --> 00:04:45,270 Brett Wickham: years. But certainly I think the benefit of projects like 77 00:04:45,300 --> 00:04:49,410 Brett Wickham: MacIntyre is that we've got the capacity. The transmission line 78 00:04:49,410 --> 00:04:51,600 Brett Wickham: we're building for MacIntyre is as I said, a double 79 00:04:51,600 --> 00:04:53,640 Brett Wickham: circuit 330 KV line. 80 00:04:53,730 --> 00:04:55,440 Sean Aylmer: Brett I got to jump in, I'd love to know 81 00:04:55,440 --> 00:04:59,640 Sean Aylmer: what a double circuit 330 KV line is, but I don't. 82 00:04:59,850 --> 00:05:06,330 Sean Aylmer: Just for the people like me, put that into words 83 00:05:06,330 --> 00:05:07,230 Sean Aylmer: that I can understand. 84 00:05:07,560 --> 00:05:10,740 Brett Wickham: Yeah look it's like having two extension cords basically, from 85 00:05:10,920 --> 00:05:14,010 Brett Wickham: where we are connecting to the transmission network, up to 86 00:05:14,100 --> 00:05:16,680 Brett Wickham: where the wind farms are. So we talk about double 87 00:05:16,680 --> 00:05:20,070 Brett Wickham: circuits because basically you've got then redundancy. So you're running 88 00:05:20,130 --> 00:05:27,089 Brett Wickham: two 1000 MW circuits which can run independently. And we 89 00:05:27,089 --> 00:05:30,750 Brett Wickham: do that for redundancy and if there's outages on one 90 00:05:30,750 --> 00:05:33,419 Brett Wickham: line we can transfer to the other side. It just 91 00:05:33,420 --> 00:05:36,480 Brett Wickham: gives you better redundancy, it gives you better capacity, it 92 00:05:36,480 --> 00:05:40,109 Brett Wickham: gives Powerlink and the way they operate the network more 93 00:05:40,110 --> 00:05:42,989 Brett Wickham: flexibility. So when we talk about double circuits, we are 94 00:05:42,990 --> 00:05:45,870 Brett Wickham: basically just putting in two highways for the electricity to 95 00:05:45,870 --> 00:05:46,770 Brett Wickham: travel on, that's all. 96 00:05:47,220 --> 00:05:51,450 Sean Aylmer: Okay. So did you expect that over time there'll be 97 00:05:51,570 --> 00:05:55,680 Sean Aylmer: a bunch of MacIntyre wind precincts around the country, or 98 00:05:55,680 --> 00:05:58,590 Sean Aylmer: it might be a hydro precinct or it might be 99 00:05:59,790 --> 00:06:02,460 Sean Aylmer: the solar precinct, that type of thing, is that where 100 00:06:02,460 --> 00:06:03,390 Sean Aylmer: we're going to get to? 101 00:06:04,290 --> 00:06:07,830 Brett Wickham: I think it's where we're going to get to with 102 00:06:07,830 --> 00:06:11,190 Brett Wickham: respect to the renewable energy zones that almost all the 103 00:06:11,190 --> 00:06:14,820 Brett Wickham: states are talking about. The benefit of a renewable energy 104 00:06:14,820 --> 00:06:19,890 Brett Wickham: zone is you have projects which will share infrastructure. You 105 00:06:19,890 --> 00:06:22,739 Brett Wickham: also have the benefit to the local communities that you're 106 00:06:22,740 --> 00:06:25,529 Brett Wickham: not building a spider web of transmission lines across to 107 00:06:25,529 --> 00:06:28,650 Brett Wickham: service one project. You'll end up with one wind farm 108 00:06:28,650 --> 00:06:30,510 Brett Wickham: here with a line going, and then you'll have another 109 00:06:30,510 --> 00:06:32,490 Brett Wickham: wind farm with a line going in the opposite direction. 110 00:06:33,029 --> 00:06:35,550 Brett Wickham: That's not the best outcome for the communities and so 111 00:06:35,550 --> 00:06:38,669 Brett Wickham: forth. So I think the idea of having renewable energy 112 00:06:38,670 --> 00:06:45,000 Brett Wickham: zones, it also allows the TNSPs and the people who 113 00:06:45,060 --> 00:06:47,760 Brett Wickham: are in (inaudible) who are operating in the transmission network, to then 114 00:06:47,760 --> 00:06:51,930 Brett Wickham: be able to establish the rules, the conditions, the technical 115 00:06:51,930 --> 00:06:55,620 Brett Wickham: infrastructure to be able to support connecting that volume of 116 00:06:55,620 --> 00:06:59,760 Brett Wickham: renewables in a single location. So I think the idea 117 00:06:59,760 --> 00:07:03,120 Brett Wickham: of New South Wales has got REZs, Queensland are pushing 118 00:07:03,210 --> 00:07:07,230 Brett Wickham: REZs, Victoria are pushing REZs, I think it is the way of the future. 119 00:07:07,290 --> 00:07:09,390 Brett Wickham: But also I think the way of the future is 120 00:07:09,390 --> 00:07:13,770 Brett Wickham: these larger scale projects. Because they will allow you to 121 00:07:13,770 --> 00:07:18,120 Brett Wickham: then have projects which are, whilst they're larger, they allow 122 00:07:18,120 --> 00:07:20,370 Brett Wickham: you to have the benefit of being a bit further away 123 00:07:20,370 --> 00:07:24,990 Brett Wickham: from communities in better wind zones and having less community 124 00:07:24,990 --> 00:07:29,910 Brett Wickham: impact. So building a 50 megawatt project cannot sustain a 70 or 125 00:07:29,910 --> 00:07:33,900 Brett Wickham: 80 kilometer transmission line, you have to go bigger. But 126 00:07:34,110 --> 00:07:36,420 Brett Wickham: going bigger and having a longer transmission line means you 127 00:07:36,420 --> 00:07:40,740 Brett Wickham: can be further away in A, areas that have better 128 00:07:40,740 --> 00:07:44,280 Brett Wickham: wind, but B, areas which are a bit more remote 129 00:07:44,700 --> 00:07:48,030 Brett Wickham: and rural and perhaps away from more populous areas. 130 00:07:48,480 --> 00:07:50,400 Sean Aylmer: Stay with me Brett, we'll be back in a minute. 131 00:07:56,940 --> 00:08:00,000 Sean Aylmer: My guest this morning is Brett Wickham, Managing Director of 132 00:08:00,000 --> 00:08:04,830 Sean Aylmer: ACCIONA Energia. So we talk a lot about the need 133 00:08:04,830 --> 00:08:08,100 Sean Aylmer: for renewables and everyone accepts that, and then we talk 134 00:08:08,100 --> 00:08:12,030 Sean Aylmer: about what happens to the coal workers. We don't talk 135 00:08:12,030 --> 00:08:14,700 Sean Aylmer: a lot about what about the communities that are now 136 00:08:15,690 --> 00:08:20,580 Sean Aylmer: potentially living in precincts where they're having potentially noisy wind 137 00:08:20,580 --> 00:08:25,320 Sean Aylmer: farms nearby. You must have to bring communities with you. 138 00:08:25,530 --> 00:08:27,000 Sean Aylmer: Has it been an issue so far? 139 00:08:28,050 --> 00:08:33,059 Brett Wickham: You're right, you have to engage with communities from the 140 00:08:33,059 --> 00:08:36,059 Brett Wickham: first step in having the concept to your idea of 141 00:08:36,059 --> 00:08:39,720 Brett Wickham: having a wind farm. So whether that's us doing an 142 00:08:39,720 --> 00:08:43,470 Brett Wickham: initial social impact assessment of what's important for the communities in 143 00:08:43,470 --> 00:08:47,460 Brett Wickham: those areas, what's not important. And certainly in the ACCIONA 144 00:08:48,240 --> 00:08:51,720 Brett Wickham: Energia's position, I think we pride ourselves in perhaps not 145 00:08:51,929 --> 00:08:54,420 Brett Wickham: what projects we do build, but what we won't build. 146 00:08:55,050 --> 00:08:59,309 Brett Wickham: Because there's certainly some areas where you shouldn't put wind 147 00:08:59,309 --> 00:09:01,770 Brett Wickham: farms and solar plants and so forth. Because you need 148 00:09:01,770 --> 00:09:05,940 Brett Wickham: the required setbacks, you need to take as you said 149 00:09:05,940 --> 00:09:08,910 Brett Wickham: the community on board with you. So in the case 150 00:09:08,910 --> 00:09:12,480 Brett Wickham: of MacIntyre, social impact assessment right up front to find 151 00:09:12,480 --> 00:09:16,410 Brett Wickham: out what the community wants, what they consider that they 152 00:09:16,410 --> 00:09:19,199 Brett Wickham: need out of projects like these. We've set up a 153 00:09:19,200 --> 00:09:23,880 Brett Wickham: community engagement committee with independent local businesses, community members. It's 154 00:09:23,880 --> 00:09:27,570 Brett Wickham: got an independent chair who has regular monthly meetings on 155 00:09:27,840 --> 00:09:31,110 Brett Wickham: engaging with the community about the project. We also then 156 00:09:31,110 --> 00:09:33,719 Brett Wickham: have a shop front in the town of Warwick, which 157 00:09:33,720 --> 00:09:35,910 Brett Wickham: has been open for the last two years, which is 158 00:09:35,910 --> 00:09:42,540 Brett Wickham: essentially... You can put out all the newsletters, newspaper articles, 159 00:09:43,140 --> 00:09:46,380 Brett Wickham: updates, but you really in some communities need to be 160 00:09:46,380 --> 00:09:49,110 Brett Wickham: on the ground to engage with people. You sometimes have 161 00:09:49,110 --> 00:09:53,010 Brett Wickham: older community members who aren't that savvy with emails and 162 00:09:53,010 --> 00:09:55,079 Brett Wickham: so forth. But you need to have almost what we 163 00:09:55,080 --> 00:09:57,179 Brett Wickham: have, a drop in center where they can come in 164 00:09:57,179 --> 00:10:00,420 Brett Wickham: and ask questions and engage and so on and so forth. We have 165 00:10:00,420 --> 00:10:03,510 Brett Wickham: a dedicated community relations team who manage all that for 166 00:10:03,510 --> 00:10:08,100 Brett Wickham: us. In the case of MacIntyre, it's been nothing but 167 00:10:08,160 --> 00:10:14,040 Brett Wickham: unequivocal support for the project. Which we see as a 168 00:10:14,040 --> 00:10:17,340 Brett Wickham: huge positive that we don't treat it with any level 169 00:10:17,340 --> 00:10:21,059 Brett Wickham: of, we must be doing everything right. We continue to 170 00:10:21,059 --> 00:10:24,090 Brett Wickham: have to engage, we continue to talk to people whether 171 00:10:24,090 --> 00:10:27,390 Brett Wickham: they be landowners or local businesses or the local shires, 172 00:10:27,900 --> 00:10:31,080 Brett Wickham: whatever it might be, to make sure that all the 173 00:10:31,080 --> 00:10:35,400 Brett Wickham: way through we're trying to under promise and over deliver. 174 00:10:35,550 --> 00:10:39,660 Brett Wickham: Our model is to develop, build, and operate for 30 175 00:10:39,660 --> 00:10:43,110 Brett Wickham: years. So I guess the community does have the benefit 176 00:10:43,170 --> 00:10:46,170 Brett Wickham: when they're dealing with ACCIONA, that they're dealing with the 177 00:10:46,170 --> 00:10:47,310 Brett Wickham: same company all the way through. 178 00:10:47,311 --> 00:10:53,130 Sean Aylmer: Okay. So wind is one part of the renewables puzzle, solar, 179 00:10:53,130 --> 00:10:55,590 Sean Aylmer: hydro, et cetera. But it seems to be a very 180 00:10:55,590 --> 00:10:58,800 Sean Aylmer: big part of the puzzle really, or a big piece of 181 00:10:58,800 --> 00:11:04,140 Sean Aylmer: the puzzle. What makes Australia so suited to wind energy? 182 00:11:05,940 --> 00:11:09,150 Brett Wickham: Oh look I'm not sure it's any more or less 183 00:11:09,150 --> 00:11:13,170 Brett Wickham: suited than any other country in the world. The difference 184 00:11:13,170 --> 00:11:17,610 Brett Wickham: with Australia, with countries like South Korea, Japan, is obviously 185 00:11:17,610 --> 00:11:21,030 Brett Wickham: our land mass. With respect to the wind speeds we 186 00:11:21,030 --> 00:11:24,030 Brett Wickham: see in Australia, it's no more or less beneficial than 187 00:11:24,030 --> 00:11:27,120 Brett Wickham: any other country we operate in. So ACCIONA Energia operates 188 00:11:27,120 --> 00:11:31,620 Brett Wickham: in about 20 countries globally with all proven or renewable 189 00:11:31,620 --> 00:11:35,070 Brett Wickham: technologies. And I wouldn't say that the wind resource or 190 00:11:35,070 --> 00:11:37,680 Brett Wickham: the solar resource is any better or any worse than 191 00:11:37,770 --> 00:11:40,590 Brett Wickham: any of the other countries we operate. We do have 192 00:11:40,890 --> 00:11:45,449 Brett Wickham: the land mass here. Spain talks about building 100 or 200 MW 193 00:11:45,750 --> 00:11:49,620 Brett Wickham: projects as a maximum. Well we're going to a gigawatt, future 194 00:11:49,620 --> 00:11:53,580 Brett Wickham: projects will be even a lot bigger than that. So obviously 195 00:11:53,580 --> 00:11:57,420 Brett Wickham: we just have an abundance of land. And with respect 196 00:11:57,420 --> 00:12:00,090 Brett Wickham: to ACCIONA operating here, we have a good rule of 197 00:12:00,090 --> 00:12:03,600 Brett Wickham: law, we've got a stable government. And there's lots of 198 00:12:03,600 --> 00:12:06,060 Brett Wickham: reasons we've been here for 20 years now, ACCIONA. And 199 00:12:06,929 --> 00:12:11,400 Brett Wickham: MacIntyre's our sixth wind farm. So we see this as a 200 00:12:11,400 --> 00:12:12,720 Brett Wickham: very good place to operate. 201 00:12:13,380 --> 00:12:17,640 Sean Aylmer: Just finally, you mentioned government there. The new government has 202 00:12:17,640 --> 00:12:23,220 Sean Aylmer: introduced an energy policy, just parking the value judgment on 203 00:12:23,700 --> 00:12:25,620 Sean Aylmer: whether it's a good or a bad policy or whether 204 00:12:25,620 --> 00:12:28,890 Sean Aylmer: it's coalition or labor, is it helpful though to have 205 00:12:28,890 --> 00:12:29,910 Sean Aylmer: a policy at least? 206 00:12:30,870 --> 00:12:35,309 Brett Wickham: Oh no doubt, it's helpful to have a policy. As a 207 00:12:40,650 --> 00:12:47,309 Brett Wickham: federal government we've been through so many negs and reps and energy 208 00:12:47,309 --> 00:12:50,100 Brett Wickham: policies, and I think we've changed those energy policies more 209 00:12:50,100 --> 00:12:54,900 Brett Wickham: than we've changed prime ministers in the last 10 to 15 years. But having 210 00:12:54,900 --> 00:12:58,950 Brett Wickham: one consistent policy and now having it placed in law, 211 00:12:58,950 --> 00:13:05,429 Brett Wickham: the 43% emissions reduction target by 2030, it gets us 212 00:13:05,429 --> 00:13:08,819 Brett Wickham: going. We all have an appetite to invest, we're ready 213 00:13:08,820 --> 00:13:12,329 Brett Wickham: to invest, we're ready to build. We are running out 214 00:13:12,330 --> 00:13:16,140 Brett Wickham: of time rapidly, so we need to accelerate. But at 215 00:13:16,140 --> 00:13:19,829 Brett Wickham: least having that firm policy then allows companies to make 216 00:13:19,830 --> 00:13:25,470 Brett Wickham: decisions about bringing capital into Australia, about continuing to develop 217 00:13:25,470 --> 00:13:30,750 Brett Wickham: projects, about being able to recruit people, and it helps 218 00:13:30,750 --> 00:13:33,510 Brett Wickham: us with solving those challenges. The state governments in the 219 00:13:33,510 --> 00:13:37,260 Brett Wickham: last, well since I've been in the industry for 20 220 00:13:37,260 --> 00:13:39,270 Brett Wickham: years, have probably been doing a lot of the heavy 221 00:13:39,270 --> 00:13:43,859 Brett Wickham: lifting. But without that global federal policy at the top 222 00:13:43,860 --> 00:13:47,069 Brett Wickham: level, it was very difficult. It was a bit piecemeal 223 00:13:47,070 --> 00:13:49,319 Brett Wickham: and so forth. But now that we've got that locked 224 00:13:49,320 --> 00:13:55,890 Brett Wickham: in, everyone's working very, very hard. I think I calculated 225 00:13:55,890 --> 00:14:00,450 Brett Wickham: the other day it's 2, 650 days odd until 2030. 226 00:14:01,350 --> 00:14:04,530 Brett Wickham: That's not long when you're considering building renewables projects and 227 00:14:04,530 --> 00:14:05,370 Brett Wickham: what we have to do. 228 00:14:05,490 --> 00:14:07,200 Sean Aylmer: Brett, thank you for talking to Fear and Greed. 229 00:14:07,559 --> 00:14:07,949 Brett Wickham: Thank you. 230 00:14:08,220 --> 00:14:12,059 Sean Aylmer: That was Brett Wickham, Managing Director of ACCIONA Energia. This 231 00:14:12,059 --> 00:14:14,580 Sean Aylmer: is the Fear and Greed daily interview. Remember, this information 232 00:14:14,580 --> 00:14:16,830 Sean Aylmer: is general in nature and you should always seek professional 233 00:14:16,830 --> 00:14:20,370 Sean Aylmer: advice before making any investment decisions. Join us every morning 234 00:14:20,370 --> 00:14:22,290 Sean Aylmer: for the full episode of Fear and Greed, Australia's most 235 00:14:22,290 --> 00:14:25,620 Sean Aylmer: popular business podcast. I'm Sean Aylmer, enjoy your day.