The Queensland Renewable Energy Council has welcomed the Queensland Government’s commitment of $26 billion over four years to deliver the State’s target of 80% renewable energy by 2035.
QREC Chief Executive Officer Katie-Anne Mulder said the increased commitment to funding generation, transmission, distribution and storage projects was crucial to deliver the legislated generation and ownership targets set in the Queensland Energy and Jobs Plan.
“QREC has worked closely with the Government, its government-owned corporations, our members, community and other stakeholders to ensure we have a leading approach – in regulation and practice – to deliver these renewable energy targets,” she said.
“The Government’s investment of $26 billion is a commitment of confidence that we can deliver on the clean energy transition and maximise the benefit for Queensland, particularly in rural and regional parts of our State.”
Ms Mulder said QREC would work with the Government and individual Government-owned corporations on the timing of their investments, particularly the crucial work underway to develop the State’s Renewable Energy Zones.
Under the Queensland Energy and Jobs Plan, Queensland has legislated to be at 80% renewable energy by 2035 (50% by 2030 and 70% by 2032) with at least 54% public ownership of generation and 100% of transmission and distribution.
Queensland is currently on the cusp of 30% renewable energy generation.
View the Queensland Government statement here