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Carpenter cites renewable energy incentive scheme benefits

Posted August 27, 2008 14:08:00

Western Australian Premier Alan Carpenter says a new, renewable energy incentive scheme will make projects such as a proposed wave farm in Albany more viable.

Labor has committed $7 million over four years to provide financial incentives for new renewable power technology.

Mr Carpenter says the incentives would be available to companies like Carnegie Corporation, which is looking at building a 50 megawatt wave farm off Albany.

He says, under the scheme, Labor would pay more for energy produced from wave and geothermal technology.

"The incentive fund will allow us to pay them 10 cents a kilowatt hour above the price that they sell into Verve from their normal production process and will make that project viable," he said.

"We are putting up $7 million over three years available for baseload renewable energy incentive."

The Liberal candidate for Albany, Andrew Partington, says he fully supports any scheme which encourages the use of renewable energy.

However, Mr Partington says Labor is yet to fulfil its promise to expand Albany's wind farm from 12 turbines to 18.

"It's very hard not to support any proposal whereby we are looking at the generation of baseload renewable power," he said.

"Bearing in mind, it was the Liberal Party that built the wind farm in its last term of government."

Tags: alternative-energy, elections, states-and-territories, wind-energy, tidal-energy, geothermal-energy, albany-6330

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