The passage of legislation to deliver the Energy Roadmap in State Parliament last night must now accelerate the development of renewable energy projects across regional Queensland.
The Queensland Government’s removal of legislated renewable energy targets does not remove the fundamental need for renewable generation. The Energy Roadmap confirms publicly owned coal-fired power stations will reach the end of their operational lives and will not be replaced by new coal-fired units.
New renewable energy projects – backed by batteries, gas and pumped hydro – are essential if Queensland households and businesses are to have reliable, affordable and sustainable electricity.
It is disappointing that the legislation also included the repeal of the Forest Wind Farm Development Act 2020. Making such a change without the usual Parliamentary Committee process risks creating uncertainty at a time when investor confidence is critical. Clear, consistent and transparent processes are vital to signal that Queensland is a stable environment for renewable energy investment.
We now need to rebuild confidence and demonstrate that Queensland is genuinely open for renewable energy business. With most new investment to occur in the regions, it is essential that local communities secure the benefits – including new jobs and increased economic activity.
QREC, on behalf of its members, is committed to working with the State Government, the Queensland Investment Corporation, Government-owned corporations, communities, councils, regional industries and other stakeholders to put the Roadmap into action.
Delivery is now the test, and the first legislated review of the Energy System Outlook by 31 May 2027 will be a significant test and milestone.