Queensland Unveils Energy Roadmap for Sustainable Power

Treasurer, Minister for Energy and Minister for Home Ownership The Honourable David Janetzki
  • Six months on, the Crisafulli Government's Energy Roadmap is delivering affordable, reliable and sustainable power for Queenslanders.
  • Queensland is open for business with the Energy Roadmap delivering investor certainty after Labor's decade of decline.
  • Continued investment in coal and gas generation is supporting Queensland's domestic energy security.
  • The Crisafulli Government is delivering a plan for Queensland's future and a better lifestyle through a stronger economy.

Six months on from the release of the Energy Roadmap, the Crisafulli Government is delivering affordable, reliable and sustainable power for Queensland and strengthening the State's energy system.

The Energy Roadmap is putting downward pressure on energy prices, investing in coal and gas generation to safeguard domestic energy security and support industry across the State, while building the capacity needed for the future.

The Roadmap is also unlocking the next wave of energy supply, progressing investigations in the Taroom Trough on Queensland's oil and gas potential and supporting delivery of new renewables and storage.

The Crisafulli Government is delivering on critical milestones outlined in the Roadmap including the completion of market sounding for the Central Queensland Gas Power Tender, the launch of the Investor Gateway and the opening of the North West Energy Fund.

It's just one of the ways the Crisafulli Government is delivering a plan for Queensland's future and a better lifestyle through a stronger economy after a decade of decline under Labor.

Treasurer and Energy Minister David Janetzki said the Crisafulli Government was not only demonstrating the Energy Roadmap is achievable, but delivery is well underway based on economics and engineering, not ideology.

"The Roadmap is our plan to deliver new supply in the right places, at the right time, while keeping the lights on and putting downward pressure on prices," Treasurer Janetzki said.

"Power prices in Queensland are set to drop by about 10 per cent next financial year, in contrast with prices soaring under Labor by 19.9 per cent in a single year after the former Government failed to properly maintain power plants.

"Labor's energy plan lacked credibility and was undeliverable, however the Crisafulli Government is committed to improving what we have now and building what is needed for the future, including boosting private investment in new assets.

"The Roadmap is a credible plan as we've already seen more than a gigawatt of new storage and a gigawatt of new renewables becoming operational since mid-2025.

"Partnership with industry and the private sector demonstrates how existing assets, backed by the right investment can deliver real outcomes for Queenslanders."

Since the launch of the Energy Roadmap, State-owned investment manager Queensland Investment Corporation (QIC) has successfully completed market sounding in Central Queensland for 400 megawatts (MW) of new gas‑fired generation capacity by 2032 to support grid reliability and future industrial growth.

"There's been overwhelming market interest with more than 50 parties engaged and over 10 gigawatts (GW) of prospective gas‑fired generation identified across 17 projects, highlighting Queensland is open for business for new energy investment," Treasurer Janetzki said.

Through the Investor Gateway, QIC is matching investors and developers to drive new investment in more than 1,700 megawatts of capacity across Queensland's energy sector, in partnership with Government Owned Corporations, including:

  • The 228 MW Boulder Creek and 285 MW Lotus Creek Wind Farms with CS Energy.
  • The development of the 400 MW Brigalow Gas Peaker near Chinchilla, with CS Energy acquiring a 20 per cent ownership interest while offtaking 100 per cent of the asset.
  • Identifying potential offtake opportunities for Stanwell at the privately-owned 436 MW Tarong West Wind Farm and similar opportunities for CleanCo with the private developer on the proposed 360 MW Moah Creek Wind Farm.

QIC is also actively partnering with industry through the $200 million North West Energy Fund to accelerate locally driven generation and storage solutions across the region, including a more reliable energy supply for Julia Creek and new renewable energy generation to service the Dugald River Mine and broader North West power system.

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