Support for Resources and Energy Infrastructure Development

04/12/2012

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Minister for Mineral Resources and Energy Tom Koutsantonis today outlined a comprehensive plan to support the development of infrastructure required to drive expansion of the state's mining and energy sector.

In launching the State Government's response to the Resources and Energy Sector Infrastructure Council (RESIC) recommendations arising from the 2011 Infrastructure Demand Study (IDS), Mr Koutsantonis said strategic planning is key to our success.

"This cross-government approach will ensure government agencies work with industry to support the development of infrastructure we know is needed to keep driving our economic expansion," Mr Koutsantonis said.

"Growth of the resources sector puts South Australia in a position to become even stronger economically and more able to provide the essential services that all South Australians deserve.

"Infrastructure to further support development is key. And the RESIC recommendations underpin the $35 billion of mining and energy resources projects identified in the IDS, that could come into operation during the next 10-15 years.

"By commissioning the IDS and then undertaking consultation with industry and the community on RESIC's recommendations, we have identified priorities and also determined what is needed to demonstrate a sound business case for investors.

"The community consultation process on the recommendations involved public meetings at Port Pirie, Whyalla, Port Lincoln and in Adelaide and it received 35 written responses-with all findings released in August in an independent analysis report.

"We have broadly endorsed RESIC's recommendations and will now continue work to ensure we have the frameworks in place to see infrastructure developed.

The recommendations propose a range of priorities including investigating:

  • investigating the development of strategic infrastructure corridors and utility hubs;
  • investigating deep sea ports and transport infrastructure options,
  • facilitating electricity transmission and;
  • attracting investment to support the sector.

"Our Directions Statement assesses the intent of the recommendations and assigns a government agency to deliver on them, outlining funding and project timelines," Mr Koutsantonis said.

"It will inform industry and potential investors on how the State Government is supporting the development of our resources sector through initiatives that will generate benefits for service industries and regional communities."

Government actions to support the recommendations include:

  • the Department for Planning, Transport and Infrastructure is leading preparation of three Regional Mining and Infrastructure Plans that will consider the corridor and utility hub concept and investigate the need for and location of capesize ports
  • a Department for Manufacturing, Innovation, Trade, Resources and Energy (DMITRE) case manager will work with local mining companies, the Australian Energy Regulator and ElectraNet to accelerate 275 kilovolt augmentation of Eyre Peninsula's energy transmission network by the end of 2016
  • DMITRE will also lead a series of initiatives designed to support business to develop 'investor-ready' packages, while also attracting investment and development in the state, via Invest in South Australia
  • the Department for Environment, Water and Natural Resources, through the FLOWS Initiative, will explore solutions to long-term water supply for the outback, supporting mining, energy and the community.

RESIC will be responsible for monitoring the progress of actions arising from the recommendations over the critical timeframes.

A copy of the full Directions Statement including all the action items, the original discussion paper and the consultation analysis report can be found online at: www.dmitre.sa.gov.au/resic