The Powering Queensland Plan sets out the Queensland Government's strategy to guide the state through the short-term and long-term challenges facing Australia's energy markets.
The government is investing $1.16 billion to ensure Queenslanders can continue to enjoy an affordable and secure supply of electricity.
The plan will support the transition to a cleaner energy sector, and create new investment and jobs.
Our actions in more detail
Under the Powering Queensland Plan we will:
- provide electricity price relief by investing $770 million to cover the cost of the Solar Bonus Scheme
- return Swanbank E gas-fired power station to service
- direct Stanwell Corporation to undertake strategies to place downward pressure on wholesale prices
- investigate the restructure of Government owned generators and the establishment of a ‘CleanCo’
- deliver a $386 million Powering North Queensland Plan to strengthen and diversify the north's energy supply and create a North Queensland clean energy hub
- confirm the government's commitment to a 50% renewable energy target by 2030
- facilitate the next wave of up to 400 megawatts of diversified renewable energy, including 100 megawatts of energy storage through a reverse auction
- improve large-scale renewable project facilitation, planning and network connections
- establish the Queensland Energy Security Taskforce
- implement the Queensland Gas Action Plan and release over 450km2 of new gas tenure for supply to the Australian market
- continue to advocate for stable, integrated national climate and energy policies.
To find out more about our plan, download the following guides: