Key takeaways from the 2022 Queensland Energy & Jobs Plan
$62 billion dollars. 1500km of high voltage transmission. 64,000 jobs and an additional 36,000 green growth opportunity jobs. Electricity emissions reduced by 90 percent. These are just some of the staggering numbers announced as part of The Queensland Energy and Jobs Plan – a roadmap to the state government’s vision for ‘clean, reliable and affordable energy providing power for generations.’
For Stephen Veness, Davidson Group Manager – Strategic Partnerships, 'we are an organisation involved in the energy sector for almost 30 years, this new plan from the Queensland State Government is hugely encouraging and exciting.’
The $62 billion investment is to be unlocked across public and private sectors and will fund initiatives across the state, including:
The “Battery of the North”
Establishment of the world’s largest pumped hydro scheme, surpassing Snowy Hydro. A 5 GW facility to be built near Mackay and a second 2 GW pumped hydro scheme is to be built near Gympie.
“Clean energy hubs”
The transformation of the state’s coal-fired power stations into “clean energy hubs” from 2027, supported by a legislated Job Security Guarantee for energy workers.
“SuperGrid”
1500km of new high voltage backbone transmission stretching from Brisbane to north Queensland and west to Hughenden to support 22 GW of new wind and new solar.
Gladstone Grid Reinforcement
To support heavy industry to switch to renewable energy and decarbonise their operations.
A Smarter Grid
To support over 11 GW of rooftop solar and around 6 GW of batteries in homes and businesses.
Additional Jobs
64,000 jobs to build the SuperGrid and an increase of 36,000 green growth opportunity jobs – direct and indirect – mostly in regional Queensland.
Queensland Renewable Energy and Hydrogen Jobs Fund
An increase of $2.5Bn to take the total to $4.5Bn.
Davidson’s strong focus within renewable energy and sustainability markets means it is well placed to assist in the exploration of opportunities and impacts from the Queensland government’s recent announcement.
We would love to work with you on this exciting plan - contact us today!
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