CleanCo Queensland is a Queensland Government-owned corporation. CleanCo owns and operates a range of electricity generation assets in Queensland, consisting of run-of-the-river hydroelectricity, pumped-storage hydroelectricity, gas-fired generation, grid-scale solar and wind power generation. Queensland has a plan to generate 50% of its electricity from renewable sources by 2030. [1] CleanCo was established in 2018. [2]
The two ministers responsible for CleanCo are the Treasurer of Queensland and the Minister for Energy. The company was launched with an initial $250 million grant to develop 1,000 megawatts of renewable energy. [2]
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. [3]
The assets transferred from the two other government-owned corporations are:
CleanCo took control of these assets on 31 October 2019. [4]
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. [5]
Maia Schweizer was the inaugural CEO of CleanCo. [6] Tom Metcalfe took over the role in July 2022. [7]
CleanCo Queensland is a Queensland Government-owned corporation. CleanCo owns and operates a range of electricity generation assets in Queensland, consisting of run-of-the-river hydroelectricity, pumped-storage hydroelectricity, gas-fired generation, grid-scale solar and wind power generation. Queensland has a plan to generate 50% of its electricity from renewable sources by 2030. [1] CleanCo was established in 2018. [2]
The two ministers responsible for CleanCo are the Treasurer of Queensland and the Minister for Energy. The company was launched with an initial $250 million grant to develop 1,000 megawatts of renewable energy. [2]
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. [3]
The assets transferred from the two other government-owned corporations are:
CleanCo took control of these assets on 31 October 2019. [4]
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. [5]
Maia Schweizer was the inaugural CEO of CleanCo. [6] Tom Metcalfe took over the role in July 2022. [7]