Latest / 360 with Katie Woolf / Katie Woolf spoke with Sun Cable CEO David Griffin
Transcript
- 0:00Speaker 1: Well, yesterday we spoke extensively about gas, and today it's
- 0:04Speaker 1: all about solar. And many of us have heard about
- 0:06Speaker 1: sun Cable Project, a development of a major energy infrastructure
- 0:10Speaker 1: project that, once complete, will supply renewable electricity well to
- 0:15Speaker 1: Darwin and the Asian region. The project is going to
- 0:18Speaker 1: integrate three technology groups, the world's largest battery, the world's
- 0:23Speaker 1: largest solar farm, and a four and a half thousand
- 0:26Speaker 1: kilometer high voltage direct current transmission system from the solar
- 0:31Speaker 1: storage facility to Darwin, Singapore and eventually Indonesia. To some
- 0:36Speaker 1: the projects seems so large and complex that we've been
- 0:39Speaker 1: wondering how exactly it's going to happen. And I understand
- 0:42Speaker 1: that the project did reach a milestone earlier this week
- 0:45Speaker 1: submitting referrals to the EPA, the Environmental Protection Authority. Now
- 0:49Speaker 1: joining me on the line to talk more about this
- 0:51Speaker 1: is David Griffin, some Cable CEO. Good morning to you, David.
- 0:56Speaker 2: Good morning Katie.
- 0:57Speaker 1: David, thanks so much for joining us on the show
- 0:59Speaker 1: this morning. As I mentioned, I understand the project is
- 1:02Speaker 1: a step closer with the application being submitted to the
- 1:05Speaker 1: EPA earlier this week.
- 1:08Speaker 2: Yes, that's right, Yeah, this is a significant milestone. As
- 1:13Speaker 2: you say, it's an opportunity to consult with the broader community.
- 1:19Speaker 2: It is the first significant part of the broader environmental
- 1:24Speaker 2: impact statement process. So there will be a more comprehensive
- 1:30Speaker 2: stage of assessment that will be submitted later next year,
- 1:34Speaker 2: sorry next year as well.
- 1:36Speaker 1: Okay, and then I guess what are the next steps
- 1:38Speaker 1: because it seems like such a huge project that many
- 1:41Speaker 1: out there listening will be really wondering how exactly and
- 1:45Speaker 1: when it's all going to happen.
- 1:48Speaker 2: Well, ultimately we're working through the development process in order
- 1:54Speaker 2: to start construction in October twenty twenty three. We want
- 1:58Speaker 2: to deliver our first electricity to Darwen in the beginning
- 2:02Speaker 2: of twenty twenty six, first electricity to Singapore beginning of
- 2:06Speaker 2: twenty twenty seven, and then fully commissioned by twenty twenty eight.
- 2:10Speaker 2: To get to that, to meet those milestones, we've got
- 2:14Speaker 2: a huge amount of what will work get to be done.
- 2:17Speaker 2: But we are well and truly underway. Our submarine survey,
- 2:22Speaker 2: for instance, that's well and truly commenced. We've surveyed at
- 2:28Speaker 2: this point in time, was surveyed the route from Darwen
- 2:30Speaker 2: out the first eight hundred kilometers. We've still got a
- 2:34Speaker 2: little less than three thousand kilometers to go on that survey,
- 2:37Speaker 2: but that's all underway, and that's really critical data in
- 2:42Speaker 2: terms of being able to design the border system and
- 2:46Speaker 2: understand the environment that we're operating in. We've been collecting
- 2:51Speaker 2: other baseline data for a long time now. The solar
- 2:54Speaker 2: radiance data obviously is critical a good data set on that.
- 3:00Speaker 2: And yeah, we've got multiple areas of design engineering underway
- 3:06Speaker 2: as we speak, and yes, it's progressing very well.
- 3:10Speaker 1: And where are things that in terms of seeking approval
- 3:13Speaker 1: from landholders and also traditional owners.
- 3:19Speaker 2: I can't go into commercial arrangements, but we have very
- 3:22Speaker 2: strong support for the project from the past release holder
- 3:27Speaker 2: and we are at an early stage with regards to
- 3:32Speaker 2: discussions around an indigenous lang disagreement with nuditional owners.
- 3:37Speaker 1: And where exactly is the soul of farm going to
- 3:40Speaker 1: be constructed?
- 3:43Speaker 2: We're looking at there's four sites under consideration. They're all
- 3:47Speaker 2: to the west of Lake Woods or southwest of Lake
- 3:51Speaker 2: Woods and southwest of Elliott, so about seven hundred and
- 3:55Speaker 2: fifty colinies south of Darwen.
- 3:58Speaker 1: Excuse me sorry, And has COVID sort of been an
- 4:02Speaker 1: impact for you guys. Has it delayed things in any way?
- 4:05Speaker 1: I know it must be difficult. Well, it's difficult for
- 4:08Speaker 1: so many people, but particularly in the likes of Singapore.
- 4:13Speaker 2: Yeah. Look, it has been another challenge that we had
- 4:19Speaker 2: and they navigate around in the end today, it hasn't
- 4:24Speaker 2: really delayed our time frames at all. We just had
- 4:26Speaker 2: to find different ways to operate. We've got we've got
- 4:31Speaker 2: the team spread over many jurisdictions and fortunately we've never
- 4:36Speaker 2: been in a situation where all of the team was
- 4:38Speaker 2: in a COVID lockdown, so we've always had some flexibility
- 4:42Speaker 2: to travel and get the team around where they need
- 4:45Speaker 2: to be. And I think that's just the way it's
- 4:48Speaker 2: going to be from now. And you need that geographic
- 4:51Speaker 2: diversity to protect yourself from things like that.
- 4:55Speaker 1: And I know what is being reported that some aspects
- 4:58Speaker 1: of the project will be on the new car Waters Station.
- 5:01Speaker 1: Is that the case?
- 5:03Speaker 2: Yeah, yeah, on the Newcastle Water's aggregate. Yeah, so on
- 5:07Speaker 2: Newcastle Waters Station proper or on Power Creek is another
- 5:11Speaker 2: part of that station.
- 5:12Speaker 1: And I have got a message from one of our listeners,
- 5:14Speaker 1: Eddie this morning. It says, Hi, Ktie, could you please
- 5:16Speaker 1: ask the Sun Cable CEO how are they going to
- 5:19Speaker 1: dispose of failed panels.
- 5:28Speaker 2: Are incredibly reliable technology, so they do degrade over time,
- 5:32Speaker 2: but it's a highly predictable rate of degradation. After fifty years,
- 5:38Speaker 2: they'll still be performing at seventy five percent of their
- 5:41Speaker 2: initial installed operating capability, So they will be there in
- 5:47Speaker 2: the first instance, they are going to be there for
- 5:48Speaker 2: a very long time. There are recycling processes that are
- 5:55Speaker 2: in i guess, not an infancy but their early stage
- 6:00Speaker 2: of development. But the number of solar panels that have
- 6:06Speaker 2: already been deployed around the world, and various government relatory requirements,
- 6:11Speaker 2: et cetera, demand that there is a sophisticated recycling process established,
- 6:17Speaker 2: and so there's a lot of effort going into really
- 6:21Speaker 2: commercializing that process. At the moment, we've got about fifty
- 6:25Speaker 2: years before we really need to get involved in that.
- 6:29Speaker 1: Okay, now, I know, David, whenever we talk about the
- 6:32Speaker 1: sun cable project, I guess because it's so large in
- 6:35Speaker 1: magnitude and it just seems so unbelievable, you know, to
- 6:38Speaker 1: have a cable going all the way from sort of
- 6:40Speaker 1: central Australia to Singapore. But there's a lot of nasayers
- 6:44Speaker 1: and a lot of people saying, Oh, I wonder if
- 6:45Speaker 1: it's a Unicorn project, is it really going to get
- 6:48Speaker 1: off the ground. I mean, what would you say to those.
- 6:50Speaker 2: People if you want to do something very large and complex,
- 6:57Speaker 2: there is always going to be a NASA And I
- 7:01Speaker 2: don't know. I don't spend a lot of time trying
- 7:07Speaker 2: to convince them. Otherwise, they're tree to have you think
- 7:10Speaker 2: whatever they want to. We just concentrate on making it happen.
- 7:15Speaker 2: That we've got a hell of a lot of experience
- 7:19Speaker 2: in this industry. We know the fundamentals extremely well, and that,
- 7:26Speaker 2: as you mentioned at the start, there's really three broad
- 7:28Speaker 2: technology groups. Is high other's direct current transmission, battery storage
- 7:33Speaker 2: and solar technology. All of those technologies have been around
- 7:37Speaker 2: for a long time. Battery technology is probably really just
- 7:40Speaker 2: coming to the fall now and from a commercial perspective,
- 7:43Speaker 2: but from an engine perspective, it's been around for quite
- 7:46Speaker 2: a while. The other still a long way to go
- 7:50Speaker 2: into improving those technologies. But we've been designing the system
- 7:55Speaker 2: based on current technology assumptions and it works. Our job
- 8:01Speaker 2: is to integrate well known, long history technologies and integrate
- 8:09Speaker 2: them together to create an optimized engineered system and so
- 8:16Speaker 2: our greatest challenge is to knowing that the system works.
- 8:20Speaker 2: Our greatest challenge is to get the best outcome out
- 8:23Speaker 2: of that system by through the optimization process. But yeah,
- 8:28Speaker 2: we just push on and make it happen.
- 8:29Speaker 1: Well, David, I really appreciate your time this morning and
- 8:32Speaker 1: appreciate you giving us an update on the sun Cable project.
- 8:35Speaker 1: Thank you so much for having a chat with us.
- 8:38Speaker 2: Thank you.
- 8:39Speaker 1: That is sun Cable CEO there, David Griffin.