
David Janetzki MP
@DavidJanetzkiMP
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Treasurer of Queensland, Minister for Energy, Minister for Home Ownership and Toowoomba South MP
Toowoomba, Queensland
Joined May 2016
Our Energy Roadmap is a pragmatic plan that improves the energy assets we’ve got while building what we need for the future. This transition will deliver affordable, reliable, and sustainable energy for all Queenslanders.
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Queensland’s Energy Roadmap. A pragmatic plan to deliver affordable, reliable and sustainable power.
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Our Roadmap today charts the start of the journey in a uniquely Queensland way.
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No matter your vantage point, there is no more important task than delivering affordable, reliable and sustainable energy for Queenslanders.
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The Energy Roadmap provides clarity for the future of coal and gas, and support for private sector investment in renewables and firming projects.
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Our Roadmap strengthens the system and will be ready to respond to changing circumstances over the next 5 years.
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In February we had a record high daily demand of more than 11GW. And yet, just 6 weeks ago, we achieved a new minimum demand record of less than 2.8GW. There’s no better example of how our energy system is changing – and rapidly.
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To underpin our government’s support of the Western Link, a $200 million North West Energy Fund will support local generation and storage solutions – in partnership with the private sector – including to improve energy reliability at Mt Isa, Cloncurry, Julia Creek and Richmond.
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The QIC Copperstring review affirms the government’s decision to commence work on the Eastern Link first to connect Hughenden and the substantial renewables resources to the NEM sooner.
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We’re backing in the outback and communities in the North West by delivering CopperString, allocating a record $2.4 billion in the budget.
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The Crisafulli Government will create a new $400 million Queensland Energy Investment Fund for QIC to bring Queensland energy supply and firming projects from origination to operations, inviting collaboration from the private sector and GOCs.
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Smaller, more manageable pumped hydro will play a pivotal role in stabilising Queensland’s power grid. It is uniquely capable of smoothing out variations in energy supply, ensuring consistent and reliable power for Queenslanders.
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We’re establishing a new QIC Investor Gateway to lead future investigation and investment partnerships with the private sector on all prospective pumped hydro energy projects for the Queensland GOCs.
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Energy Queensland will continue its rollout of community level batteries, including a $10 million partnership fund to further incentivise private sector investment.
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The Roadmap confirms our budget investment of $379 million in new utility-scale batteries at existing power station sites and $135 million to install network-scale batteries across the distribution network.
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Queensland has some of the highest quality wind and solar resources in the nation and the Roadmap sees renewables continuing to be built to support demand growth, in a responsible way supported by landholders, local governments and regional communities.
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As part of a new Investor Gateway, QIC will undertake market sounding to partner with the private sector to deliver an additional 400MW of gas-fired electricity in Central Queensland.
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Gas has emerged as a critical technology for system reliability and firming as the generation mix changes over time.
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Our $1.6 billion Electricity Maintenance Guarantee will support investment into our state-owned generators to deliver affordable, reliable and sustainable power for Queenslanders.
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