Queensland Govt announces funding for CopperString 2.0

High-voltage powerlines against burnt orange sky with trees (Copperstring 2.0 investment)
Image: Shutterstock

Queensland Premier Annastacia Palaszczuk has announced funding for the CopperString 2.0 transmission project, which will connect North Queensland to the state’s new SuperGrid and unlock $132.6b of critical mineral mining and huge renewable energy generation potential.

The news has been welcomed by industry and climate experts.

Related article: CopperString 2.0 gets transmission authority nod

Edify Energy CEO John Cole said, “CopperString 2.0 will unlock bulk renewables for North Queensland and ignite new opportunities for hundreds of businesses in the region, including renewable energy generation and minerals extraction and processing. The transmission line will unleash an abundance of the very best wind and solar resources and in turn, the production of bulk green hydrogen energy products that can be exported to the world.”

Community campaigning organisation Solar Citizens said CopperString 2.0 would unlock a staggering 6GW of renewable energy resources. 

“We’ve been campaigning for grid upgrades in north west Queensland for years now because the region has some of the country’s best co-located solar and wind resources that can be turned into abundant, cheap electricity for Queenslanders,” Solar Citizens deputy director Stephanie Gray said. 

“The CopperString 2.0 transmission line will unlock North Queensland’s world-class renewable resources and provide cheap electricity to emerging manufacturing industries in Townsville and existing heavy industry in Mount Isa.

“Right now industries in Mount Isa are struggling because they have to rely on expensive gas-fired power. An injection of cheap and clean energy is just what the doctor ordered to ensure Queensland’s industry can remain globally competitive.

“This flood of new renewable energy potential is just what the region needs to underpin proposed local renewable hydrogen, mineral processing and manufacturing projects.

“It’s also great to see the Queensland Government demonstrating their commitment to keeping energy assets in public hands. In other states we’re seeing privatised network companies making a mint from consumers.”

Climate Council energy transformation campaigner Nathan Hart said, “Australia has all the right ingredients to be a green energy superpower and CopperString 2.0 will be the backbone of our energy transformation. 

Related article: Spotlight on the SuperGrid

“Until now, CopperString 2.0 has been the missing link in our energy transformation. It will unlock new green industries for Queensland, as well as transforming existing ones. 

“CopperString 2.0’s high capacity transmission opens up massive renewable energy potential in one of the sunniest places on earth. That means cheap and plentiful electricity for manufacturing and industrial heat.

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