Greg Jericho
Last night at 6pm Chris Bowen did an AMA on reddit.
Let’s have a recap
Electricity prices
If my reduced electricity rates are eaten up by higher daily supply charges, how do you see the path to electricity bills becoming cheaper?
Bowen replied with a very public service style reply (I know because when I was in the public service I wrote a few replies to correspondence that sounded like this):
First thing I need to say is to make sure you’ve checked your bill on energymadeeasy.gov.au. Some retailers increased supply chargers, some didn’t. Important to make sure you know you’re on the best deal. But I know some people are on the only deal they can get (e.g. embedded networks). We’ve also asked the energy regulator to put in place a range of rule changes that protect consumers. These are in force (as of July 1 this year).
So I have written to the Australian Energy Regulator and ACCC to look at how retailers are packaging costs to consumers and make sure they’re not breaking the rules. Ultimately though, we are seeing big reductions in wholesale prices which I know consumers aren’t seeing in full yet. But they will flow through to retail prices in future market offers.
Wholesale prices are about 40% of retail prices. Australia is one of the very few countries in the world where wholesale prices are coming down at the moment and that’s because of our good progress with renewables and batteries. For example, we’ve just seen our gas use at night crash to new low records because batteries are filling more and more of the grid at night. That’s good news for prices because batteries discharge so much cheaper than gas.
But I have to be honest with you, it will take some time before all that flows through fully to all retail bills
AI
Mate, why are we bending over backwards for AI data centres to be built here? I work in technology, so have a good understanding of what is going on in that space.
It feels like the government is racing to sell out the population before we realise what is happening.
Can you provide details on: who is advising the government that this is a positive thing FOR THE PEOPLE? How/why is this work moving so quickly? Once they’re here, the populace is going to pay more for water and power, what’s the government’s plans on ensuring this doesn’t happen?
Bowen replied with the standard, we hear you, and renewables line, but you’ll notice he doesn’t really answer the question on who is advising them that datacenters are a positive thing for the people:
I understand where you’re coming from. But we’ve made it clear that while we welcome data centre investment, it has to genuinely be in our national interest, otherwise they won’t be able to go ahead.
From my point of view the key thing that we want is for them to bring their own new renewable energy. If we don’t do that, you’re right, these things could push up energy prices for everyone else.
It’s a similar story with water that Murray Watt is working on. So, I guess I’m saying I agree, we should not and are not rushing to accept these data centres at any cost. While we welcome their investment, there have to be clear rules and we’ll enforce these rules. We’re working on legislation to do that right now.
Nationalise resources?
Hi Chris, is there ever going to be a future in which we nationalise our resources so that we can fund our health and education systems to really high levels? Like Northern Europe and Saudi Arabia?
The answer, unsurprisingly is no:
I understand where you’re coming from, but I don’t think that’s the solution.
The cost of exploration and developing resources is very high and pretty hard to justify using taxpayer’s money to take those risks.
There is certainly a role for Government to play, particularly around critical minerals, and we have programs to see Government and the private sector working together to ensure our country benefits.
But ultimately the private sector should develop projects, and the country should benefit from royalties, taxes, and obviously general employment.*
- * yes it SHOULD. Is it?????
AI and copyright protections
Bowen replies with the government line:
Obviously, this is outside of my portfolio, but I do know as a member of Cabinet, the PM and the relevant ministers have all been very, very clear – we won’t be watering down protections for artists and creatives.
As the PM’s speech at Sydney Uni a couple of months ago said – while we welcome data centre investment, Australian artists must retain ownership and control of their work. That remains the case.
Sussan Ley being appointed to the Snowy Hydro board
Can you provide some context as to how Sussan Ley was selected for the board of Snowy Hydro?
Bowen replies with the centrist mantra:
Sussan is a former environment minister, and she used to have Snowy 2.0 in her electorate- so she knows the project and the company well.
She expressed interest and was assessed as a suitable candidate. I then recommended her to Cabinet alongside energy expert Merryn York, who was also appointed.
Generally, my approach to these things is this – I don’t care how people vote, and I don’t care what they’ve said about me in the past. If they want to serve their country and they have something to offer then I want them on the team and that’s the view I took about Ms Ley.*
- *Sure she had “things to offer” but was she really the best candidate going around? And I am sure plenty of people would like to “serve the country” and get the $128,590 allowance for being a board member…
Energy infrastructure
Hi Minister Bowen, I keep hearing that the wind and solar farms are on track, but the poles and wires to actually connect them are stuck in approvals and fights with landholders. I’ve also got a family to think about, so I guess my question is simple. If those poles and wires aren’t built in time, what actually happens to my bill and the reliability of my power? Do we keep coal running longer, burn more gas, or just cop higher prices while it sorts itself out? I just want to know what Plan B looks like, because right now it feels like everyone’s talking about the target and nobody’s talking about what happens if we miss it.
Bowen gives an update of sorts:
Thanks, that’s a great question. It’s certainly true, we need to upgrade our energy grid, and we have a Rewiring the Nation fund to get that done. It’s a big job.
We need the new transmission lines not just because of renewables but because, frankly, there hasn’t been much investment in new transmission lines in Australia over the last 50 years so.
But obviously the population has grown and so has electricity use. While it’s true that some of the projects are contentious, and big, nevertheless we are making good progress.
For example – the new line between SA and NSW called PEC is effectively finished, and Hume Link (the big link through Southern NSW) is well under construction.
Supply capacity and whether we’ll get to 82% renewables by 2030
Australia is making impressive progress on batteries and solar, but AEMO’s 2026 ISP says we need around 18 GW of additional wind capacity by 2030, while only about 9 GW is currently in the pipeline. Given wind projects can take around four years to progress from connection application to full output, how confident are you that Australia can still reach 82% renewables by 2030? And if you’re confident, where is the additional wind investment going to come from?
His reply
You’re certainly right about batteries and solar. We have always led the world in solar and now we are in batteries as well. We’ve added 15 Gigawatt hours in home batteries since 1 July 2025 when the program started, which is more than the entire battery capacity ever added in the United States. Pretty good!
You’re also right that wind faces challenges. Because the wholesale price of energy is coming down and the cost of steel is going up, the economics of wind around the world have gotten harder. However, we saw a big wind farm reach final investment just last week. Hopefully there’s more not too far away.
Wind is also perfect for data centres and our policy, which will require data centres to bring their own new renewable energy – we think include offtake agreements with proposed wind farms.
So to answer your question – it’s not inevitable we’ll hit 82% but I’m confident we can do it if we keep the policy momentum up.
Good ole policy momentum. Will datacenters really bring their own renewable energy? Not in Qld or NT, and will it be a net addition of renewable energy to the system? Probably not. Datacenters are energy hungry – even if they are supplied by renewables that is a level of energy that was not needed beforehand, so it is not improving the share of energy supplied by renewables, and it also makes it harder for other renewable projects because we do not have an infinite supply of labour to build them.
Anyway that’s the AMA.
Comments (6)
-
Richard
Wed, 16.09.26
15.57 AEST
-
Gregory Shearman
Wed, 16.09.26
11.26 AEST
Chris Bowen did an AMA last night – a recap Greg Jericho Last night at 6pm Chris Bowen did an AMA on reddit. Let's have a recap Electricity prices If my reduced electricity rates are... The Point Live
-
Richard
Wed, 16.09.26
09.56 AEST
-
Andrew Faith
Wed, 16.09.26
08.11 AEST
Good morning! Hello and welcome to the Wednesday sitting day. We are almost there. Almost, but still not close enough to celebrate. And neither is Labor who... The Point Live
-
Fiona
Wed, 16.09.26
07.38 AEST
Shut up and sing? Not anymore Morgan Harrington Macklemore has been kicked off a US tour with Ed Sheeran for giving a Free Palestine speech from stage. Yesterday on this blog, Greg Jerico followed the... The Point Live
-
Angelika
Wed, 16.09.26
07.35 AEST
Join the conversation
I remember that there was quite a kerfuffle some time ago about removing concessions to charities that 'engaged in political action'.
Why is there no action to remove all concessions to any religious group that indulges openly in political action ( especially one that, from memory also, used to state explicitly that its members were not required to vote because they were citizens of their Church, not Australia - or some similar rubbish.
"It's important to know you're on the best deal"
Bowen reckons it's all the fault of the consumer.
Yep... we have to spend our lives in a fruitless hunt for the "best deal" on all our formerly government supplied utilities. I remember back in the days before neo-liberalism, you paid the electricity company (owned by the council or the government) what the electricity costs... you bought your electricity from the actual generator.
Now, the government decided to put a new line of ticket clippers between consumers and generators. No wonder electricity costs have gone through the roof. All those billing companies need to maintain a margin for their own profit.
It's an insult to put this on consumers to maintain the best deal. If you cannot rely on your retailer to give you the best deal available from their offerings then why bother with this whole neo-liberal s**tfight? Why the "loyalty tax"?
Second last day of a sitting that has exposed all of the 'established' political parties as being too putrid, pusillanimous or pathetic (or any selection from all three of these descriptors) to deserve our vote.
There should be an award created by the Independents that recognises the wonderful effort put in by the 'majors' to promote voting for anyone who is NOT allied to a major party. Perhaps a giant economy-sized carton of doggy-poo bags so they can clean up after every QT?
Two coffees, some homemade rye sourdough and a little dicky tummy for me. Strap in!
Not surprised Finneas dropped out of the Sheran tour too, don't think his sister woulda let him continue
Morning all. Look forward to the (bumpy?) ride through the day with you and the team, Amy. Thanks for being our guide and making all things #auspol a tad easier to bear. xx