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CleanCo Queensland

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Queensland government-owned electricity generation company

CleanCo Queensland is a Queensland Government-owned corporation. CleanCo owns and operates a range of electricity generation assets in Queensland, including run-of-the-river and pumped-storage hydroelectricity, gas-fired power plants, grid-scale solar farms and wind farms. The Queensland Government has a long-term ambition to generate 50 per cent of the state’s electricity from renewable sources by 2030. CleanCo was established in 2018.

The two ministers responsible for CleanCo are the Treasurer of Queensland and the Minister for Energy and Clean Economy Jobs. The company was launched with an initial $250 million grant to develop 1,000 megawatts of renewable energy capacity.

Assets

CleanCo Queensland was created through the transfer of assets from CS Energy and Stanwell Corporation by the state government, with a mandate to increase competition in the energy market and with the intent of supporting the government's renewable energy target.

The assets transferred from the two other government-owned corporations are:

CleanCo took control of these assets on 31 October 2019.

CleanCo is establishing the Swanbank Clean Energy Hub at the site of the former Swanbank Power Station. The hub features a 250 MW/500 MWh big battery, an onsite solar farm and green hydrogen production facilities.

Management

Maia Schweizer was the inaugural CEO of CleanCo. Tom Metcalfe took over the role in July 2022.

See also

References

  1. Mazengarb, Michael (12 June 2019). "Queensland budget delivers $250 million to kick-start CleanCo". RenewEconomy. Retrieved 22 January 2024.
  2. ^ Latimer, Cole; Hannam, Peter (30 August 2018). "Queensland launches green state-owned energy company". Brisbane Times. Retrieved 22 January 2024.
  3. "Queensland's new CleanCo". Queensland Treasury. Archived from the original on 7 September 2018. Retrieved 6 December 2023.
  4. Parkinson, Giles (30 October 2019). "All hands to the pump as CleanCo targets solar duck curve". RenewEconomy. Retrieved 6 December 2023.
  5. Carroll, David (9 March 2023). "CleanCo to transform old coal-fired power precinct into green energy hub". PV magazine. Retrieved 22 January 2024.
  6. "Neoen and CleanCo Queensland sign landmark PPA for Australia's largest solar farm, at 352 MWp". Neoen. 6 May 2020. Retrieved 22 January 2024.
  7. "Queensland's publicly-owned low emissions energy gentailer has appointed its new CEO". CleanCo. 4 July 2022. Retrieved 22 January 2024.

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