1 00:00:00,120 --> 00:00:02,400 Speaker 1: A not unfair question to ask as we return to 2 00:00:02,440 --> 00:00:05,120 Speaker 1: the power crisis of twenty twenty four, is are we 3 00:00:05,360 --> 00:00:07,720 Speaker 1: being told the full story? T WYVE at the third time, 4 00:00:08,000 --> 00:00:10,399 Speaker 1: third time has been asked to reduce power Method X 5 00:00:10,520 --> 00:00:12,360 Speaker 1: is allegedly and throws of cutting another deal with the 6 00:00:12,400 --> 00:00:15,080 Speaker 1: government over gas. As you just heard, Winstone has already 7 00:00:15,080 --> 00:00:17,840 Speaker 1: announced they're closing. They're not alone. The Major Energy Users 8 00:00:17,840 --> 00:00:20,040 Speaker 1: Group this week is asking us, all of us to 9 00:00:20,160 --> 00:00:23,080 Speaker 1: use less power. So how bad is this? Who knows 10 00:00:23,120 --> 00:00:25,480 Speaker 1: how bad this is? Are they not telling us? See? 11 00:00:25,480 --> 00:00:27,040 Speaker 1: I read an article that involves one of the mill 12 00:00:27,080 --> 00:00:29,319 Speaker 1: workers right being laid off. He talks of the meeting 13 00:00:29,320 --> 00:00:31,000 Speaker 1: the other day where the boss was in tears. A 14 00:00:31,000 --> 00:00:32,480 Speaker 1: lot of people are in tears. This is a town 15 00:00:32,479 --> 00:00:34,920 Speaker 1: of one thousand people. Two hundred and thirty are losing 16 00:00:34,960 --> 00:00:37,440 Speaker 1: their jobs. People text me and talk of heitching. I mean, yes, 17 00:00:37,479 --> 00:00:39,240 Speaker 1: you canhitch. It's not an unfair point, but you can't 18 00:00:39,280 --> 00:00:41,800 Speaker 1: hitch forever. And a lot of the smaller players aren't 19 00:00:41,880 --> 00:00:44,159 Speaker 1: using enough power to hitch. A major point is not 20 00:00:44,200 --> 00:00:46,040 Speaker 1: the hero now, as Simeon was trying to point out 21 00:00:46,240 --> 00:00:48,360 Speaker 1: the fact, it's the fact it's not a one off 22 00:00:49,040 --> 00:00:52,479 Speaker 1: each and every winter, transpower tells us about cold mornings 23 00:00:52,479 --> 00:00:55,240 Speaker 1: and supply issues. This is at the same time that 24 00:00:55,320 --> 00:00:57,760 Speaker 1: whatever the power companies are investing in clearly doesn't cover 25 00:00:57,800 --> 00:01:00,240 Speaker 1: the gap and clearly doesn't take into account evs, ARTA 26 00:01:00,320 --> 00:01:03,680 Speaker 1: centers AI. If an aluminium smelter can't do what it 27 00:01:03,720 --> 00:01:06,160 Speaker 1: wants to do, and if a mill can't even open, 28 00:01:06,440 --> 00:01:09,039 Speaker 1: we aren't really forging ahead in a new tomorrow, are we? 29 00:01:09,120 --> 00:01:11,760 Speaker 1: With AI and data centers springing up all over the place? 30 00:01:12,240 --> 00:01:15,080 Speaker 1: Methodex is now a company that sells gas, not produces methane. 31 00:01:15,280 --> 00:01:17,440 Speaker 1: How many people are giving up? How much to scrape through? 32 00:01:17,560 --> 00:01:20,800 Speaker 1: And if we scrape through? What then? Apart from the 33 00:01:20,800 --> 00:01:23,720 Speaker 1: sigh of relief? What then? What's the plan? Is the 34 00:01:23,760 --> 00:01:26,720 Speaker 1: investment as it stands providing us with a future proof 35 00:01:26,800 --> 00:01:29,120 Speaker 1: level of power or not? Does anyone really know? I mean, 36 00:01:29,200 --> 00:01:30,800 Speaker 1: I don't blame the worker in the article, but he 37 00:01:30,880 --> 00:01:33,720 Speaker 1: asked why the government doesn't bail the mill out given 38 00:01:33,720 --> 00:01:35,720 Speaker 1: Mercury supply the power to the mill and the government 39 00:01:35,760 --> 00:01:38,240 Speaker 1: own a big steak in Mercury. See, when you're asking 40 00:01:38,319 --> 00:01:42,720 Speaker 1: questions like that, pretty much everything is broken. For more 41 00:01:42,800 --> 00:01:45,880 Speaker 1: from the mic asking breakfast listen live to news talks 42 00:01:45,880 --> 00:01:49,080 Speaker 1: that'd be from six am weekdays, or follow the podcast 43 00:01:49,120 --> 00:01:50,320 Speaker 1: on iHeartRadio