In addition to splitting up Synergy, the committee is also likely to recommend getting rid of Western Australia‘s capacity market, an electricity reserve that sits idle to be used during power outages.
Western Australia‘s Energy Minister is expected to receive a report in the coming weeks that will likely recommend splitting Synergy into several businesses to increase competition, the ABC understands.
Shadow energy minister Bill Johnston agrees the review’s report will recommend that Synergy be divided up, but does not believe that is what the Government intends to do.
The Electrical Trade Union’s Les McLaughlan said he has no doubt that the Government has already made up its mind to break up Synergy, with privatisation an inevitable consequence.
“I think the Government is going to bury this report because it’s going to be deeply embarrassing because it will reject every element of Colin Barnett‘s plans for the electricity industry,” he said.
Read more here: ABC