Queensland is on track to beat the state’s renewable energy target of 50% renewable energy by 2030.
With the implementation of the Queensland Energy and Jobs Plan in full swing, it’s expected Queensland will connect a further 682 MW of new clean generation before Christmas 2023.
The increase in renewable energy uptake, thanks to large-scale investment and global partnerships, has meant Queensland’s renewable energy supply has increased by more than 20% in just one year, and by more than 250% in eight years.
Energy Minister Mick de Brenni said: “Queensland remains on track to reach our 2030 renewable energy and emissions reductions target thanks to our partnerships with investors and landholders.”
“Once renewables dominate the wholesale electricity market, we will see long-term reductions in wholesale power prices, with the CSIROs most recent GenCost Report reaffirming that renewables are the cheapest form of energy.”
“But we can only do this by transitioning away from coal and gas generation, which continues to set the wholesale electricity market and drive electricity prices up for Queenslanders.”
“We know Queenslanders are working hard to increase renewable energy uptake in the Sunshine State, with more than 800,000 rooftops now fitted with solar.”
“We will see further opportunity for local businesses, and a significant economic uplift for regional and rural communities as we continue towards our targets and enshrine the Queensland Energy and Jobs Plan in law.
“Queensland’s mighty sun and wind, combined with our majority public ownership, means we remain in prime position to meet our renewable energy targets.”
Renewable energy targets of 50% by 2030, 70% by 2032 and 80% by 2035 will be legislated as part of the Queensland Energy and Jobs Plan to ensure all Queenslanders have access to cleaner, reliable and affordable power for generations.
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