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    Media Statements

    Coat of ArmsMedia Release
    JOINT STATEMENT
    Premier and Minister for the Arts
    The Honourable Annastacia Palaszczuk
    Treasurer and Minister for Trade and Investment
    The Honourable Curtis Pitt

    Queensland recharges efforts to boost local energy security and jobs

    JOINT STATEMENT

    Premier and Minister for the Arts
    The Honourable Annastacia Palaszczuk

    Treasurer and Minister for Trade and Investment
    The Honourable Curtis Pitt

    Monday, August 07, 2017

    Queensland recharges efforts to boost local energy security and jobs

    The Palaszczuk Government’s focus on boosting energy security and jobs for Queenslanders is stepping up, with progress on a key plank of its Powering Queensland Plan announced today.

    Launching ‘Renewables 400’, Treasurer and Acting Energy Minister Curtis Pitt said the Palaszczuk Government was committed to continuing the unprecedented momentum in new renewable energy investment and energy storage in Queensland.

    “Renewables 400 is one of the initiatives of my Government’s $1.16 billion Powering Queensland Plan and a natural follow on from the success of our Solar 150 program,” the Premier said.

    “Under this new initiative, we will support companies wanting to build the next generation of large-scale renewable and battery storage projects in Queensland, with priority given to projects that support local jobs and businesses.  

    Visiting Century Batteries’ factory in Carole Park today, the Premier said the Government’s focus was on a diversified energy mix, and attracting new investment and technologies to delivery long-term energy security and put downward pressure on electricity prices.

    “As part of the Renewables 400 program, the Palaszczuk Government will undertake a specific process to secure up to 100 megawatts of energy storage prior to 2020.

    “Energy storage will play an important role in the transition to higher levels of renewable energy and this process will support the accelerated deployment of this important technology.”

    Treasurer and Acting Energy Minister Curtis Pitt said that under the reverse auction process, companies would bid for Queensland Government support for both renewable generation and storage projects – most of which will be situated in the regions.

    “Successful bidders will be awarded financial contracts with the Government for some or all of the electricity they generate which will provide them with long-term certainty allowing them to secure the financing required to deliver their project,” he said.

    “The ‘reverse’ nature of the auction process means that companies are encouraged to bid for the lowest price necessary to support their project.

    “The criteria to select successful bidders will include not only price but also support for local businesses and jobs and with a view to creating a diverse mix of renewable energy generation and storage to support a secure, reliable and affordable supply of electricity into the future.”

    Companies wanting to be considered need to register via the DEWS website www.dews.qld.gov.au.

    “This early registration provides adequate time to ensure they are ready to hit the ground running when the process opens,” Minister Pitt said.

    “When the Palaszczuk Government was elected, there was not one large scale renewable energy project commissioned in Queensland. 

    “In just 18 months, we’ve kick-started the renewable energy boom and there are now 17 projects financially committed in Queensland bringing strong benefits to regional Queensland, including $2.3 billion of investment and 2,200 construction jobs, with many more on the way.

    “Energy is undergoing a transformational change in the way it is generated, transported and used and as a government you have to plan for that and not stick your head in the sand and pretend our only option is expensive coal-fired power stations anymore.

    “We’re committed to transitioning to a clean energy future in a responsible, achievable and sustainable way – with affordability always front and centre.”

    For more information on the 400MW Reverse Auction, or to access the register of interest visit www.dews.qld.gov.au

     

    Media contact: Kirby Anderson (Premier’s office) 0417 263 791