Billion dollar boom: Queensland’s bright renewables future
The Sunshine State is a leader in Australia’s renewables boom, with more than $1.6 billion dollars invested in new large-scale projects, creating more than 1,300 construction jobs in the energy sector, our new report has found.
The ‘Renewables Powering Queensland’s Future’ report highlights the significant potential for the state’s clean energy future, as 14 clean energy projects, the highest number in Australia, get under construction this year alone.
KEY FINDINGS INCLUDE:
- Queensland, the aptly named “Sunshine State” is a leader in household solar, 31.6% of households in the state now have solar rooftops.
- There are 14 postcodes in Queensland where more than 50% of households have rooftop solar. Elimbah leads the state with 63% of households with rooftop solar.
- The state has the greatest number of large-scale renewable energy projects under construction in Australia, representing a quarter of capacity under construction, $1.6 billion in investment and over 1,300 new renewable energy construction jobs.
- Queensland wind and solar projects have set some of the lowest prices for new power generation of any fuel source in Australia. For example, the Coopers Gap wind farm in Queensland has set a record low price of under $60/MWh.
- Queensland leads in integrating large-scale solar with energy storage technology. There are several projects underway in North Queensland combining solar and energy storage, including Lakeland (solar and battery storage), Kennedy Energy Park (solar, wind and battery storage) and Kidston (solar and pumped hydro).