- QIC tender seeks private sector proposals to deliver 400MW of new gas‑fired generation capacity by 2032.
- The initiative will strengthen system reliability and support Central Queensland's industrial growth.
- The Crisafulli Government's Energy Roadmap is delivering affordable, reliable and sustainable energy for all Queenslanders.
The Crisafulli Government has today launched a tender to support an additional 400MW of gas-fired generation capacity in Central Queensland, as part of its Energy Roadmap to deliver more affordable, reliable and sustainable energy.
The tender process, to be managed by Queensland Investment Corporation (QIC), will draw in proposals capable of ensuring dispatchable supply by 2032.
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, after the power prices increased 19.9 per cent in a single year under the former Labor Government.
Treasurer and Minister for Energy David Janetzki said this was another step forward in delivering the right mix of energy infrastructure to meet the needs of a growing state.
"Queensland needs affordable, reliable and sustainable energy, and that means making sure we have the right generation in the system at the right time," Treasurer Janetzki said.
"Labor's energy plan lacked credibility and was undeliverable, however our Energy Roadmap is focused on improving what we have now and building what is needed for the future, including boosting private investment in new assets.
"We're opening the door to private sector investment because Queenslanders expect us to get on with the job of building what our growing state needs for the future, while respecting taxpayer funds and easing pressure on the balance sheet."
Queensland is forecast to have up to 4.1-gigawatts of gas-fired generation capacity by 2030, increasing to between 6.1 and 8.3-gigawatts by 2035.