1 00:00:00,120 --> 00:00:02,240 Speaker 1: So eight am will get the frontier report, We'll get 2 00:00:02,279 --> 00:00:05,760 Speaker 1: the government's action plan. This is happening very soon. Industry 3 00:00:05,840 --> 00:00:09,520 Speaker 1: leaders calling for bold moves. Karen Boys's Major Electricity Users 4 00:00:09,560 --> 00:00:12,640 Speaker 1: group with us this morning. Karen, Good morning, Good morning, Ryan. 5 00:00:12,720 --> 00:00:14,280 Speaker 1: Have you had a look at the report yet? Have 6 00:00:14,320 --> 00:00:15,480 Speaker 1: you give men given a copy? 7 00:00:16,360 --> 00:00:19,480 Speaker 2: No? No, So, just like you and many others, I'm 8 00:00:19,480 --> 00:00:22,200 Speaker 2: sitting here waiting till eight o'clock deadline for it to 9 00:00:22,239 --> 00:00:22,639 Speaker 2: come out. 10 00:00:22,840 --> 00:00:25,319 Speaker 1: Are you are you holding your breath or are you 11 00:00:25,400 --> 00:00:27,720 Speaker 1: actually realistic that this is going to be more tweaks 12 00:00:27,800 --> 00:00:28,760 Speaker 1: than bold moves. 13 00:00:31,080 --> 00:00:33,400 Speaker 2: It's really I mean, I'd like to be optimistic. In 14 00:00:33,440 --> 00:00:36,080 Speaker 2: hope they've listened to the calls from everybody. I said, 15 00:00:36,080 --> 00:00:38,199 Speaker 2: the mood of the boardroom was pretty clear that, you know, 16 00:00:38,360 --> 00:00:41,600 Speaker 2: energy is real concerns. So I hope they've been bold, 17 00:00:41,600 --> 00:00:43,440 Speaker 2: but I think sadly I'm going to have to be 18 00:00:43,479 --> 00:00:45,479 Speaker 2: realistic about what they might choose to do. 19 00:00:45,680 --> 00:00:47,120 Speaker 1: How do you feel about Alan. 20 00:00:46,960 --> 00:00:53,680 Speaker 2: G It's yeah, I said it. We certainly helped with 21 00:00:53,840 --> 00:00:56,440 Speaker 2: bringing in fuel. I said, obviously we're running out of 22 00:00:56,480 --> 00:01:00,800 Speaker 2: domestic gas, and I said, any options to a domestically 23 00:01:00,880 --> 00:01:04,200 Speaker 2: I said, we'll have time if we do discover it 24 00:01:04,319 --> 00:01:07,920 Speaker 2: and to bring it to market. Ler G does link 25 00:01:08,000 --> 00:01:11,040 Speaker 2: us to international markets, which means that the cost could 26 00:01:11,080 --> 00:01:13,560 Speaker 2: be quite high. So I said, it doesn't mean it's 27 00:01:13,560 --> 00:01:16,399 Speaker 2: the cheap option for the country. It just provides you 28 00:01:16,520 --> 00:01:18,279 Speaker 2: with I guess, more guaranteed supply. 29 00:01:18,920 --> 00:01:21,160 Speaker 1: And what about the access to it? You know, who 30 00:01:21,160 --> 00:01:23,280 Speaker 1: would get access to it? What would the cost be? 31 00:01:23,440 --> 00:01:26,120 Speaker 1: Are those things that you've looked into that you're worried. 32 00:01:25,880 --> 00:01:30,000 Speaker 2: About, you haven't looked at it in detail? I said. 33 00:01:30,000 --> 00:01:33,320 Speaker 2: The big question will be is LERNG available for everybody? 34 00:01:33,319 --> 00:01:35,920 Speaker 2: And so that means the electricity generators as well as 35 00:01:36,040 --> 00:01:40,640 Speaker 2: users of guests directly, because I said, industrial users are 36 00:01:40,640 --> 00:01:44,720 Speaker 2: finding it increasingly hard to get gas at all. So 37 00:01:44,800 --> 00:01:47,080 Speaker 2: I said, they'll be keen to understand could they access 38 00:01:47,080 --> 00:01:49,240 Speaker 2: it and what does the cost? Because that don't really 39 00:01:49,240 --> 00:01:51,760 Speaker 2: decide whether they can afford to use it or have 40 00:01:51,920 --> 00:01:55,080 Speaker 2: to try and transition or yet make the hard decisions 41 00:01:55,080 --> 00:01:56,640 Speaker 2: to perhaps stop business. 42 00:01:57,240 --> 00:01:59,559 Speaker 1: Can you paint a picture for us, Karen, how bad 43 00:01:59,600 --> 00:02:02,320 Speaker 1: will thinks get? You know, your major in it, electricity 44 00:02:02,440 --> 00:02:07,280 Speaker 1: users group, your big clients, your big members. What happens 45 00:02:07,360 --> 00:02:08,880 Speaker 1: if we don't sort this out? 46 00:02:10,840 --> 00:02:14,359 Speaker 2: I said, some of the businesses at the moment who 47 00:02:14,360 --> 00:02:16,600 Speaker 2: are struggling to get gas supplies will have to make 48 00:02:16,600 --> 00:02:20,280 Speaker 2: the hard decisions about whether they can convert over to electricity. 49 00:02:22,280 --> 00:02:24,520 Speaker 2: Best case, some of them can. I said, then we're 50 00:02:24,560 --> 00:02:28,320 Speaker 2: faced with a large demand coming to the electricity system, 51 00:02:28,800 --> 00:02:30,640 Speaker 2: and we're going to be faced with having to build 52 00:02:30,720 --> 00:02:33,480 Speaker 2: a heat to build fast. The question is can we 53 00:02:33,600 --> 00:02:36,960 Speaker 2: get the network built out in advance of this, Can 54 00:02:37,000 --> 00:02:40,200 Speaker 2: we get the generation built, can we get it connected 55 00:02:40,280 --> 00:02:42,600 Speaker 2: to the system. There's going to be a lot of 56 00:02:42,639 --> 00:02:45,320 Speaker 2: pressure on the system, and I said, we're already facing 57 00:02:45,360 --> 00:02:47,239 Speaker 2: quih cost. So I said, you're going to see a 58 00:02:47,320 --> 00:02:49,880 Speaker 2: real risk a lot of businesses are going to have 59 00:02:49,960 --> 00:02:55,000 Speaker 2: to reduce production shutdowns. That is a real concern. There 60 00:02:55,000 --> 00:02:56,880 Speaker 2: are a number of businesses that who do have long 61 00:02:56,960 --> 00:02:58,880 Speaker 2: term contracts, so that there are a number who will 62 00:02:58,880 --> 00:03:00,880 Speaker 2: probably be able to wear whether or it out for 63 00:03:00,919 --> 00:03:05,440 Speaker 2: a while. Sort of question is how long? And the 64 00:03:05,480 --> 00:03:08,280 Speaker 2: worst thing is we might miss opportunities like dat is 65 00:03:08,440 --> 00:03:11,760 Speaker 2: another either other technology and innovation that might want to 66 00:03:11,760 --> 00:03:15,079 Speaker 2: come here that might decide not to. So I said, 67 00:03:15,080 --> 00:03:18,040 Speaker 2: we're rest losing what we've got, and we're also resc 68 00:03:18,120 --> 00:03:19,440 Speaker 2: losing what might have come here. 69 00:03:20,480 --> 00:03:23,320 Speaker 1: Karen, appreciate your time this morning. Karen Boys Major Electricity 70 00:03:23,400 --> 00:03:23,920 Speaker 1: Users Group. 71 00:03:24,680 --> 00:03:26,919 Speaker 2: For more from Early Edition with Ryan Bridge. 72 00:03:27,000 --> 00:03:28,520 Speaker 1: Listen live to news talks. 73 00:03:28,520 --> 00:03:31,840 Speaker 2: It'd be from five am weekdays, or follow the podcast 74 00:03:31,880 --> 00:03:32,760 Speaker 2: on iHeartRadio