Powering Queensland Plan: an integrated energy strategy for the state
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.
You can find out more about the plan below. For an overview, read:
Stabilising electricity prices
Since 2015, the Queensland Government has delivered a range of reforms to successfully stabilise electricity prices in Queensland. In response to emerging challenges, we will implement a package of new initiatives to ensure consumers can continue to access affordable and secure electricity supply.
- 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’ - a separate generator to operate Queensland’s existing renewable and low-emissions energy generation assets and develop new renewable projects
- Implement the Queensland Gas Action Plan and release over 450km2 of new gas tenure for supply to the Australian market
Find out more
Transitioning to a low-carbon energy sector
Our target is to achieve 50% renewable energy by 2030, to reduce emissions and act on climate change, create new jobs and diversify the state’s economy.
- Confirm the our commitment to a 50% renewable energy target by 2030
- Maintain affordability and security in the transition to 50% renewable energy generation
- 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 project facilitation, planning and network connections
- Continue to advocate for stable, integrated national climate and energy policies
Find out more
- Transitioning to a low-carbon energy sector (PDF, 189.0KB)
- Renewable energy achievements (PDF, 994.8KB)
- Renewables 400 reverse auction
- Final report of the expert panel: Credible pathways to a 50% renewable energy target for Queensland (PDF, 2.6MB)
- Government response to the expert panel report (PDF, 184.1KB)
- Solar 150 solar investment program
North Queensland plan
We are investing $386 million to strengthen and diversify North Queensland’s energy supply, drive economic growth and support 5000 jobs.
- Commit $150 million to develop strategic transmission infrastructure in North and North West Queensland to support a clean energy hub, subject to a feasibility study
- Commission a hydro-electric study to assess options for deploying hydro in the state
- Provide a $100 million equity injection into SunWater and reinvest dividends to deliver improvement works that ensure the Burdekin Falls Dam continues to meet design standards
- Invest a further $100 million to help fund a 50 megawatt hydro-electric power station at the dam, subject to completion of a business case
- Increase the supply of gas into the Australian market
Find out more
Maintaining energy security and reliability
Queensland is well positioned to transition to a clean energy future with high levels of security and reliability.
Establish the Queensland Energy Security Taskforce to develop short-term and long-term plans for maintaining system security and reliability in the state, including:
- a summer preparedness plan
- implementation of Finkel Review recommendations
- a demand management and energy efficiency strategy
- options to increase the hydro-electric and pumped storage generation capacity
- a feasibility study of strategic transmission infrastructure in North and North-West Queensland and expanded interconnection.