One Nation has outlined their plan to build a new coal-fired power station in the Upper Hunter.
The Party made the announcement with their Upper Hunter by-election candidate Dale McNamara on Friday on the New England Highway after they were kicked off the access road to Bayswater Power Station.
Dale McNamara said that coal is critical to the region's future.
“Coal is critical to the future of the Upper Hunter, but instead of just selling it overseas, we should be using it right here for energy security and bringing down electricity prices”,
"Matt Kean’s 100% renewables plan, supported by the Nationals, Labor and the Greens, won’t be able to keep the lights on in NSW, destroying industry and jobs”.
“The solution is to use our beautiful black Hunter Valley coal to fill the gaps left when the wind is not blowing and the sun is not shining”.
“Other parties are talking about coal because of the by-election, but this is the real test: using our coal locally to create jobs and power up industry," said Dale McNamara.
One Nation said the concept plan for the 2000-megawatt 'Bayswater 2 power station' plan was approved in 2010 but then abandoned as the major parties went 'green'.
The party said it would create thousands of jobs in construction stage and hundreds in its operation.
Under One Nation’s plan to build Bayswater 2, there will be no need for this destruction of prime agricultural land and farm life. They say they "Will Stop the Spin" if elected on May 22.
The One Nation plan to build Bayswater 2 involves:
1. A public-private partnership between the NSW Government and private sector.
2. $800 million in government seed funding over the forward estimates, drawn from the Singleton/Muswellbrook mining royalty money that’s never returned to Upper Hunter.
3. A $1 billion saving in transmission line costs, as with Bayswater 2 the government will no longer need to fund as much of its new transmission connections to the New England and Orana Renewable Energy Zones.
4. Giving Bayswater 2 the same financial incentives and underwriting in Matt Kean’s Electricity Roadmap as renewable energy currently receives, thereby facilitating the $3 billion private investment needed to complete the project. Energy industry experts have said that this competitive and technological neutrality is much needed and will make Bayswater 2 work in practice.
5. Acquisition of the site from AGL, which needs the money given its internal management turmoil and falling share price.
Image credit: One Nation