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Speaker 1: Earlier this week, more than fourteen hundred customers were impacted

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Speaker 1: by a power outage in Palmerston. Residents reported faulty phone

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Speaker 1: lines and multiple power surges on Monday night, with the

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Speaker 1: outage caused by a fault with underground cables. The majority

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Speaker 1: of customers were left in the dark for about forty

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Speaker 1: five minutes while crews made repairs. Now it comes as

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Speaker 1: the Northern Territory government prepares to introduce an electricity reform

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Speaker 1: package to Parliament, which it says aims to stabilize the network.

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Speaker 1: I caught up with the Minister for Minds and Energy

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Speaker 1: and Renewables, Jared Mayley, a little earlier this morning. Good

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Speaker 1: morning to your minister.

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Speaker 2: Good morning Katie, and good morning to your listeners.

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Speaker 1: Now, just a few months ago, we know there were

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Speaker 1: mass power outages across the top end, impacting residents from

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Speaker 1: Darwin to Catherine. What does these reforms package include and

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Speaker 1: why is it required?

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Speaker 2: Look, Katie, we inherited a system that simply isn't up

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Speaker 2: to scratch and we know that in action will then

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Speaker 2: we can't afford to wait. Literally, lives are at risk

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Speaker 2: in this situation, Katie. This power system is unstable, old

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Speaker 2: and hasn't had the investment that's needed. There's been multiple

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Speaker 2: reports that the previous Labor government have been given and

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Speaker 2: didn't act on to what we've done come into office.

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Speaker 2: We've looked at it and we're going to take action

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Speaker 2: to make sure the electricity system is reliable, affordable and

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Speaker 2: of course at the least costed territorian. You all know

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Speaker 2: that we got rid of the polity of the fifty

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Speaker 2: cent renewables because that was simply costing Territorians too much

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Speaker 2: and making the system unstable. So we've got rid of

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Speaker 2: that and we're focusing on making sure that we provide

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Speaker 2: electricity system that is reliable and is at the cheapest

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Speaker 2: cost to Territorians. And as what we're doing in this legislation,

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Speaker 2: we're actually ensuring that our system is up to scratch.

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Speaker 3: Minister.

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Speaker 1: Look, I weren't for the former Essential Services Minister, so

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Speaker 1: I suppose I've probably had first hand account of how

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Speaker 1: bad the system has been over the years. In fact,

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Speaker 1: that was at a time when the cashualen A substation

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Speaker 1: blew up. We were facing power outages that in some

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Speaker 1: cases were lasting hours and hours, and I know that

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Speaker 1: a report was done at that time which really indicated

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Speaker 1: that both sides of government hadn't invested into power and

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Speaker 1: water in the way that we needed to and into

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Speaker 1: the infrastructure.

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Speaker 3: Because let's be honest, it's not that sexy to be.

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Speaker 1: Making an announcement about a substation, But what exactly are

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Speaker 1: these reforms going to mean in a practical sense. Are

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Speaker 1: we talking money being invested into things like substations?

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Speaker 3: What are you going to be doing?

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Speaker 2: Look, there's two main parts to it, Katie, and I

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Speaker 2: suppose it's probably not the sexiest to talk about, but

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Speaker 2: what we're doing is bringing system control out of power

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Speaker 2: and water to operate independently. And system control role is

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Speaker 2: to make sure there's got enough power and put it

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Speaker 2: through the networks to where it needs to be. So

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Speaker 2: that's at the moment sitting in power and water that's

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Speaker 2: coming out is going to be run by an independent body.

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Speaker 2: It's going to keep the lights on. That's the first

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Speaker 2: part of it. And the second part, Katie, is we're

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Speaker 2: going to publish a new governance arrangement in relation to

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Speaker 2: procurement of the electricity assets. At the moment, we know

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Speaker 2: we've got three different gocks and non government organizations and

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Speaker 2: they are doing their own things. So what we're doing

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Speaker 2: is bringing all together and we're going to make sure

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Speaker 2: that the taxpayers money is spent wisely. For example, we've

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Speaker 2: come into office and we work out that TG and

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Speaker 2: Power and Water are both buying these two condensers which

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Speaker 2: do the same job at costing roughly twenty million dollars

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Speaker 2: if not more, And that's a pretty conservative estimate to

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Speaker 2: be able to keep the system stable to what we've done,

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Speaker 2: and we only need one of those, So instead of

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Speaker 2: spending another twenty million dollars to have one sitting in

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Speaker 2: the shed, we're making sure that this pecurement process is

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Speaker 2: going to be best value for money, because, like I

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Speaker 2: said earlier, we're trying to make sure that we get

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Speaker 2: the energy system up and running and the electricity is

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Speaker 2: at the least costs to four territoriums.

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Speaker 1: Look again, I know for a lot of people listening

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Speaker 1: this morning, it may not mean neither here nor there

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Speaker 1: to them where the system control is working under Power

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Speaker 1: and Water or independently. But are we talking here we're

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Speaker 1: talking potentially about job losses.

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Speaker 2: I would suspect no, no, Well, the people with system

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Speaker 2: controlers coming across and it will cost a little bit

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Speaker 2: more to get the getting up and running to start with.

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Speaker 2: But this is going to be the same people coming across,

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Speaker 2: but operating independently and having a different chain of command

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Speaker 2: coming down from independent people keeping it out of Pound Water.

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Speaker 2: This is about keeping the lights on, Katie. Essentially, the

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Speaker 2: system has been neglected and we know the labor government

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Speaker 2: have been in powerful from nineteen to the last twenty

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Speaker 2: odd years, so we need to get in and we

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Speaker 2: need to fix it. So the renewal policy has been

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Speaker 2: a disaster. We're here to make sure the electricity is

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Speaker 2: available for territory and at the least possible.

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Speaker 1: So in terms of the governance arrangements changing, how exactly

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Speaker 1: is that going to work. We know that Power and

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Speaker 1: Water is obviously a government owned organizational and it operates independently,

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Speaker 1: but how exactly is this governance arrangement going to work.

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Speaker 1: Is it going to mean that we're effectively privatizing Power Water?

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Speaker 2: No, No, absolutely not, Cat. We're definitely not privatizing. What

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Speaker 2: we're doing is just bringing our system control out of

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Speaker 2: Power and Water to have an independent system controller which

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Speaker 2: won't have the Power and Water board sitting over the

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Speaker 2: top of it telling you what to do. So this

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Speaker 2: system control will be taught and making sure that power

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Speaker 2: is spread across the network at the best possible price

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Speaker 2: and when it's needed because it changes depending on the

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Speaker 2: temperature and where who's using what sort of power, So

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Speaker 2: it gets pretty complicated, but it's really about trying to

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Speaker 2: make sure that this system is reliable. Like he do,

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Speaker 2: we just know this this week. We've got a non

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Speaker 2: reliable notice of power and water issues for this week,

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Speaker 2: which is basically and that's what this power black out

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Speaker 2: in Parmis was talking about. It was really really hot.

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Speaker 2: There's a lot of general a lot of air cons

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Speaker 2: going and we need to make sure we spread that

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Speaker 2: load correctly. And that's what this system control is going

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Speaker 2: to do.

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Speaker 3: So in a real practical sense.

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Speaker 1: You know, for those out there listening this morning, they're

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Speaker 1: going to be thinking, Okay, well, how does this system

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Speaker 1: control working independently and also the governance arrangements changing, How

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Speaker 1: is that going to ensure that my power is reliable

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Speaker 1: and that the prices aren't going to go up.

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Speaker 2: Well, if we don't do anything, Katie, that's really the cost.

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Speaker 2: If we don't do anything, power will be unreliable and

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Speaker 2: the cost will go up. So this is about acting

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Speaker 2: now to make sure that we do have reliable power

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Speaker 2: and we do have those costs at a reasonable price, because,

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Speaker 2: like I said earlier, this is literally a light at

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Speaker 2: risk here. People have air cons they have medical equipment

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Speaker 2: up and running, and we need to make sure that

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Speaker 2: they have reliable power and if we don't act, that's

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Speaker 2: when the problem will run.

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Speaker 1: Right, all right, So I suppose I'm just trying to

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Speaker 1: make it as clear in my brain because I know

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Speaker 1: our listeners will be trying to do the same. So essentially,

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Speaker 1: what we're going to see is amendments to the Electricity

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Speaker 1: Reform Acts, So that's going to establish this new market

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Speaker 1: and governance arrangement for the procuring of electricity assets. Then

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Speaker 1: we're going to see changes to the Electricity System.

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Speaker 3: And Market Operator Bill.

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Speaker 1: That's going to see the establishment of the Northern Territory

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Speaker 1: Electricity System and Market Operator as an independent system controller.

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Speaker 1: So to anybody out there listening this morning who's thinking,

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Speaker 1: all right, does this mean we're effectively taking that work

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Speaker 1: away from power and water? Is that? Is it going

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Speaker 1: to mean big changes to power and water as you

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Speaker 1: know as an organization.

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Speaker 2: No, it's not. Okay, What we're doing is taking out

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Speaker 2: the system control which is operated inside Power and Water

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Speaker 2: and bringing it out to an independent system control, so

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Speaker 2: it will be the same people will come across and

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Speaker 2: Power Water will be about doing their job and this

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Speaker 2: system control will be controlling where the power comes from

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Speaker 2: and where it goes to. So it's not actually privatizing

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Speaker 2: any system. This is just making sure that the system

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Speaker 2: is reliable and that we get power where it needs

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Speaker 2: to go. We know that demands have increased recently, and

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Speaker 2: we know that we've got some gas shortages as well,

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Speaker 2: just making sure that the power is reliable and we

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Speaker 2: keep the light on.

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Speaker 1: So with the gas shortages, is there, so like, are

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Speaker 1: we going to be making any changes in that space

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Speaker 1: as well to try and sort this issue out a bit?

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Speaker 2: Well, Yes, b Toloo is coming online, Katie, and we're

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Speaker 2: working hard to make sure that gas gets out of

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Speaker 2: the ground and gets to our market up here into

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Speaker 2: our generators. We know that E and I, where Black

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Speaker 2: Tip is reducing an amount of gas is bringing out

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Speaker 2: of the ground. Central Petroleum in South Bale Springs is

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Speaker 2: picking up the slack there and we have to buy

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Speaker 2: spot gas from impacts when we need it. Which is expensive.

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Speaker 2: So what we want to do is make sure that

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Speaker 2: we get a reliable gas supply at a reasonable price,

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Speaker 2: because we simply can't afford to keep buying spot price

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Speaker 2: gas from impacts, which is keeping lots on at the moment.

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Speaker 2: This is another failure that the previous over government didn't do.

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Speaker 2: And you know, we need to get the gas out

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Speaker 2: of the ground and be to Loo. We need to

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Speaker 2: get it up here to our generators, and we need

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Speaker 2: to also get it off to the markets to sell

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Speaker 2: it so they can make some money.

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Speaker 1: Now, I know you'll press for time, so I just

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Speaker 1: want to get through the next couple of things quite quickly.

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Speaker 1: I mean, just in relation to the announcement that you

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Speaker 1: are making today, do you believe that these changes, once

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Speaker 1: they pass through Parliament, that they are going to stabilize

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Speaker 1: our network and prevent those further outages like the one

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Speaker 1: that we saw earlier in the week.

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Speaker 2: That that's what we that's what we're trying to do.

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Speaker 2: And this is only the beginning of the work, Katie.

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Speaker 2: There's more work to be done. So don't get me wrong.

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Speaker 2: This is our one change We're going to fix that.

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Speaker 2: This is a start, and there's a lot more work

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Speaker 2: needs to be done in relation to securing a reliable

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Speaker 2: power because quite frankly, over the last nineteen years there's

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Speaker 2: been a lack of action and which has caused a

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Speaker 2: major problem. And like I said, lives are at risk here, Katie.

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Speaker 2: We need to make sure that we get this power reliable.

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Speaker 2: And this is the first step and it's only beginning,

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Speaker 2: and we've been in office for a year and we're

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Speaker 2: going to keep working at it because keeping the lights

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Speaker 2: on is a number one priority for me, is the

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Speaker 2: Energy Minister?

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Speaker 1: All right, Minister, I do want to ask you about

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Speaker 1: this meeting that was held between the Prime Minister Anthony

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Speaker 1: Albanezi and the US President yesterday and well they struck

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Speaker 1: a landmark agreement on critical minerals with investment committed to

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Speaker 1: the Arafura Nolan's Rare Earth project. What does this mean

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Speaker 1: for the Northern terirat Tree.

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Speaker 2: Well, Katie, this is going to be great news from

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Speaker 2: the Northern Territory. We know that two Australian projects were

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Speaker 2: named and Ourfura Nolean's which is about one hundred k's

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Speaker 2: north of our Oft Springs, was named in that agreement.

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Speaker 2: This is going to be a real game changer for

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Speaker 2: the Central We're talking one point five billion dollar project here, Cardi,

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Speaker 2: So there's going to be a whole range of local

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Speaker 2: supplies and supply chains coming in to be able to

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Speaker 2: service that mine and also that processing plant that with

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Speaker 2: fingers Cross are going to be built in the near future.

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Speaker 2: We're talking six hundred jobs during construction and over three

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Speaker 2: hundred and fifty on ongoing in this project, and that's

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Speaker 2: a really big boost for the Central of Australian. Our

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Speaker 2: Springs I think is going to be able to become

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Speaker 2: a service center to service because this mine and the

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Speaker 2: processing plant, which is some hundred k's north of our

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Speaker 2: of Springs, is going to be great for the town.

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Speaker 2: It's going to be great for the Northern Territory. We're

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Speaker 2: going to have these supply chains. Local businesses will benefit

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Speaker 2: from Miss Cadi.

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Speaker 1: Miniester, what kind of timeframe are we looking at here

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Speaker 1: for this mine to get up and running. I know

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Speaker 1: everybody around the world's talking about it now. Following on

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Speaker 1: from that meeting, Well.

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Speaker 2: Katie, I hope it starts tomorrow. You'll have to do.

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Speaker 2: But in realistic you know, the owners of that mind

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Speaker 2: have got to rich financial investment decisions and that they're

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Speaker 2: waiting on a bit more money in this agreement. I

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Speaker 2: think Katie will get them over the line. I'm sure

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Speaker 2: that they're working twenty four to seven right now to

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Speaker 2: get the final touches to the agreement done and they'll

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Speaker 2: make some announcements in the near future. And we were

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Speaker 2: certainly working with them to do what we can to

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Speaker 2: make sure that they have no handbrake or roadblocks here

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Speaker 2: and all the teritory. We don't need to get the

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Speaker 2: Feds need to get on board. We need to look

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Speaker 2: Gosling and those schedule labor ministers. They need to do

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Speaker 2: their bit as well here, Cadie. This will be an

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Speaker 2: absolute game changer and a huge benefit for all the territory.

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Speaker 2: We're working hard. The Speeds need to keep the pressure

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Speaker 2: on them as well to ensure that this agreement's not

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Speaker 2: just a side piece of paper over there in USA

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Speaker 2: and comes back to Australia and nothing happens. We need

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Speaker 2: to work hard and will be doing it hard. Hopefully

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Speaker 2: that federal abor government do their bit as well.

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Speaker 1: Look, I would hope that everybody's on board here team

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Speaker 1: Territory and let's try and make it happen.

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Speaker 3: Sooner rather than later.

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Speaker 2: I agree, Okay. Like I said, I'd like to see

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Speaker 2: it sign off tomorrow. This is going to be a

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Speaker 2: great opportunity for the Northern Territory to put itself on

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Speaker 2: the map. There's going to be six hundred jobs in

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Speaker 2: the supply chains, there's going to be so much local

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Speaker 2: work and as well that Caddie, there will be an opportunity.

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Speaker 2: This is a thirty eight year mind life. There have

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Speaker 2: an opportunity for young people in the Northern Territory to

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Speaker 2: be able to get the skills to go and work

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Speaker 2: in that processing plant. Well, Jered know that there'll be

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Speaker 2: some fly in flyout, but this is going to be

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Speaker 2: a great opportunity for these young people to learn the

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Speaker 2: skills and become trades in that field.

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Speaker 1: Jered Maylee Minister for Minds and Energy and also renewable

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Speaker 1: So we better leave it there. I know you've got

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Speaker 1: to get into Parliament. Thanks so much for your time

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Speaker 1: this morning.

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Speaker 2: Thank you Katie, Thank you