With 15GW of proposed renewable energy projects in the pipeline for Queensland, the state could be powered by 90 per cent renewables by 2030, according to a new report.
The Solar Citizens report, Renewable Energy Across Queensland’s Regions, shows there are currently 50 operational renewable energy projects and 27 under construction across the state.
However, an additional 69 planned renewable projects awaiting approvals and investment decisions are at risk of not going ahead, the report says.
Report author Tristan Edis said the planned renewable energy projects could inject $24 billion into the state’s economy and support up to 35,000 jobs if the state government strengthens policy and support for the sector.
“The renewable energy power stations built or committed to construction in Queensland since 2015 will deliver $4.2 billion in investment with 5687 construction and 273 ongoing full-time jobs,” Mr Edis said.
“If all renewable energy power plants being considered for investment were to proceed, the sector would generate six times more jobs and economic benefits to the state – that’s $24 billion in investment, 34,000 construction jobs, 1500 ongoing full-time jobs.”
The report also revealed Queensland has “world-class” renewable energy resources, with the state’s solar and wind farms achieving levels of generation up to 50 per cent greater than international standards.
By 2020, one quarter of the state’s electricity will come from renewable energy sources,
The additional 15GW of proposed new renewable projects could lift renewable energy to more than 90 per cent of Queensland’s electricity needs.
“Queensland’s high-quality sun, wind and water resources give us a major competitive advantage over other states and countries around the world,” Solar Citizens Queensland spokesperson Louise Matthiesson said.
“Without strong, consistent and ongoing policy support for renewables, it is highly likely Queensland will miss out on many of these opportunities and fall short of reaching its target of at least 50 per cent renewable energy by 2030.
“Friday’s CleanCo announcement was a welcome step, but the state still lacks a clear renewable energy industry roadmap to harness this resource to create jobs and investment for regional Queensland.”