Plans to build one of the world’s largest renewable energy powered electrolysers in Queensland continue to gather pace with the Australian Renewable Energy Agency awarding $13.7 million (USD 8.8 million) to the proponents of the project to help finance a $38 million front-end engineering and design study.
To quit coal and move to renewables, we need large-scale energy storage. That’s where pumped hydro comes in. Queensland’s ambitious new plan involves shifting from a coal-dominated electricity grid to 80% renewables within 13 years, using 22 gigawatts of new wind and solar. The plan relies on two massive new pumped hydro developments to store electricity, including the biggest proposed in the world.
From 2023, PepsiCo Australia will trial a hydrogen fuelled heavy duty truck at one of its Brisbane manufacturing sites. The trial is in partnership with Pure Hydrogen, a company positioning itself as a supplier of both hydrogen powered vehicles via leasing arrangements, as well as hydrogen itself.
The Queensland government is looking to jumpstart a local renewable energy equipment manufacturing sector, today calling on electrical manufacturing businesses to register their interest in supplying the thousands of batteries, wind turbines, solar panels, and kilometres of transmission lines the state says it will need to enact its $62 billion energy transformation plan.
The release of Queensland’s $62 billion energy and jobs plan which would shift the state away from coal power by 2035 has been broadly welcomed but the resources sector has warned the government has plenty of work to do to attract the large-scale investment required to implement the strategy.
Queensland Premier Annastacia Palaszczuk has launched a $62 billion energy and jobs plan, which includes the biggest pumped hydro scheme in the world. The government is also planning to convert publicly owned coal-fired power stations into clean energy hubs from 2027.
Queensland Premier Annastacia Palaszczuk has announced the state will now be targeting 70% renewable energy penetrations by 2032 – a significant increase in ambition and a teaser for “one of the biggest announcements our government has ever made” later today.
International metals group Korea Zinc’s Australian subsidiary Ark Energy has announced it will build 3 GW of renewable energy generation in north Queensland as part of plans to produce more than 1 million tonnes of green ammonia per annum for export by 2032.
The Queensland government is reportedly considering ramping up its renewable energy target as the state looks to wean itself off coal-fired power on the pathway to net zero emissions by 2050.
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