Thursday, 29 March 2012

The NSW Parliament's Public Accounts Committee has begun public hearings on energy security issues, with the first hearing held last Monday and a second planned for 11 May.

"The Committee's Inquiry into the Economics of Energy Generation is about our energy needs for today and for generations to come," said Committee Chair, Mr Jonathan O'Dea MP.

The Committee is keen to hear from organisations and individuals with information about the costs of energy produced by various means including coal, gas, geothermal, wind and solar. It is also interested in the impact on energy consumers of the cost of bringing electricity from its source to where it is used.

"The Committee has begun taking oral evidence from key stakeholders in the energy industry, including government, the coal industry and electricity retailers, as well as emerging energy providers such as the wind industry," said Mr O'Dea.

"At our next hearing we will be hearing further from alternative energy providers, such as solar, wind and geothermal energy, as well as nuclear power," Mr O'Dea said.

Mr O'Dea emphasised that the Committee is still accepting submissions saying, "We have been very pleased with the response so far from energy producers, community organisations, regulators and policy makers. Anyone with an interest in this issue should note that written submissions to the inquiry close on Friday."

"This Inquiry aims to find ways to provide affordable and secure energy for consumers in the long term. It is important that the Committee considers all the options for New South Wales's future."

Further information can be obtained by visiting the Committee website at: www.parliament.nsw.gov.au/publicaccounts