Queensland offers clarity on the future of coal

The Queensland energy minister said coal-fired power stations will continue to operate in the state until least 2046 as part of the government’s Energy Roadmap – a reversal of the Energy and Jobs Plan launched under former Premier Annastacia Palaszczuk.

“The former Labor government’s ideological decision to close coal units by 2035, regardless of their condition, is officially abolished,” said Treasurer and Minister for Energy David Janetzki.

“Queensland’s coal-fired fleet is the youngest in the country and state-owned coal generators will continue to operate for as long as they are needed in the system and supported by the market.” 

According to a government release, the roadmap will deliver affordable, reliable and sustainable energy. It includes:

·      Clear decision-making framework for the operation of state-owned coal assets, balancing system needs, asset integrity, and economic viability;

·      Construction of the Eastern Link of the CopperString transmission line in North Queensland and the beginning of work on the Western Link;

·      $400 million Queensland Energy Investment Fund and Queensland Investment Corporation’s new Investor Gateway to drive private sector investment in new energy generation and firming projects; and

·      $1.6 billion Electricity Maintenance Guarantee to improve current energy assets.

“Our Energy Roadmap delivers what Queenslanders need, which is affordable and reliable energy that enhances their quality of life, fuels economic growth, and ensures long-term sustainability, all while ensuring our state is an attractive destination for private sector capital and creating jobs,” Janetzki said. 

Explore the Energy Roadmap here.

Source: Queensland Government