The Palaszczuk Government is investing in cleaner energy and creating jobs for a sustainable and affordable energy future.
Queensland is well-placed to be a strong renewables, hydrogen and manufacturing powerhouse with an abundance of sunshine, wind and mineral rich ground. A highly skilled workforce across our regional centres and infrastructure, ports and industrial land, all put Queensland in a position to lead the way on green hydrogen, renewable energy generation and manufacturing renewable energy components.
Queensland now boasts 50 large-scale renewable energy projects (operating, under construction or financially committed). This represents $10.7 billion of investment in our state, 7,900 construction jobs and 5,774 megawatts (MW) of clean energy with more than 13.8 million tonnes of avoided emissions each year. Combined with rooftop solar, Queensland has 7,200MW of renewable energy capacity.
Queensland Energy Plan
We're committed to delivering a Queensland Energy Plan in 2022 to set out our pathway to a cheaper, cleaner and reliable energy system to ensure that we achieve our Government's commitment to 50% renewable energy by 2030. Our Energy Plan will benefit Queensland communities, workers and our economy. The plan will support the development of a hydrogen economy in Queensland and position our state as a powerhouse in the global supply chain for green hydrogen. Our integrated approach includes investing in initiatives and training to help stimulate the development of a hydrogen sector and future hydrogen jobs that will come with it. Our Government is committed to maintaining public ownership of our energy assets, whilst positioning Queensland as as investment destination, maximising local content and job opportunities.
You can find out more about our renewable energy mix and some of our renewable energy initiatives by going here
Our Buy Queensland approach to government procuring goods and services is putting Queenslanders in the box seat to leverage the job opportunities that will continue to come from the transformation that is occurring to our energy system. This means more opportunities and jobs for local Queensland small and medium enterprises because we understand the best way to maximise the benefits of this transformation for Queenslanders is to invest right here in Queensland enterprises.
To sign up for updates and to be involved in the development of the Queensland Energy Plan, please enter your details below.
Queensland Renewable Energy and Hydrogen Jobs Fund
The Palaszczuk Government is turbocharging the transformation of our energy system to a cleaner, sustainable and affordable energy future through our $2 Billion Queensland Renewable Energy and Hydrogen Jobs Fund.
This Fund allows our energy government-owned corporations to submit investment proposals to increase ownership of commercial renewable energy and hydrogen projects, and their supporting infrastructure, including in partnership with the private sector.
This Fund is helping to drive public ownership of our electricity assets throughout our energy transformation, whilst positioning Queensland as a destination of choice for investments into renewable energy.
We're getting on with the job transforming our electricity system for a cleaner, more affordable and reliable future by delivering:
- $2 Billion into a Queensland Renewable Energy & Hydrogen Jobs Fund. On top of our previous $500 Million Renewable Energy Fund
- $145 Million to establish our Queensland Renewable Energy Zones across Southern, Northern and Central Queensland
- Significant investments in big, grid scale storage (like batteries and pumped hydro) to ensure reliability and security of the network as we grow our renewable generation. Including $35 Million to investigate the potential to construct a pumped hydro energy station at Borumba Dam, as well as another $35 Million to identify a second potential pumped hydro site in Queensland.
- Investments to set up Queensland as the destination of choice for green hydrogen investment, including skilling up our workforce for our growing renewable energy and hydrogen sector.
- Establishing Queensland's new Zero Emission Vehicle Strategy to support Queensland's shift to net zero emissions by 2050
- Setting out Queensland's pathway to 50% Renewable Energy by 2030 and how we can leverage the manufacturing and supply chain opportunities that will come with it through delivering a Queensland Energy Plan in 2022
- Queensland's first publicly owned clean energy company CleanCo, established in 2019, to deliver affordable clean energy for Queenslanders.
Find out more about where our already operating renewable energy projects are and how they contribute to our energy mix by clicking here
Pumped Hydro Projects
Investment in pumped hydro energy storage is a key part of the Palaszczuk Government's ongoing push towards a more sustainable and affordable clean energy future, while creating more jobs in more industries. Large-scale pumped hydro energy storage can help our state accommodate more renewable energy through its capacity to deliver a reliable supply of energy in an economic way.
That's why we're committed to investigating the potential of the proposed Borumba Dam Pumped Hydro Project through up to $35Million to assess and design the project. The Borumba Pumped Hydro Project has the potential to generate 1.5 - 2 gigawatts of reliable and affordable energy each day, and its construction would create 2000 jobs. But we're not stopping there, we're doubling down by committing $35 Million in the 2022 - 2023 State Budget to advance our search for a second potential pumped hydro energy storage site in Queensland.
Want to know how Pumped Hydro projects work? Click here to view the video
For further information on Pumped Hydro Click Here
To read further information on the Borumba Dam Pumped Hydro Project Click Here
How the Electricity Market operates
Queensland is part of the National Electricity Market (NEM) which operates on one of the world's longest interconnected power systems across the East Coast of Australia, including South Australia and Tasmania. The Australian Energy Market Operator (AEMO) manages the NEM, as well as the electricity retail market to help ensure that we maintain a well-supplied, safe and affordable electricity network.
You can find out more about how the NEM operates here
For further information, check out my Energy Updates below:
Queensland's Energy Transformation - Click here to complete my survey