{"id":26608,"date":"2018-12-18T06:46:03","date_gmt":"2018-12-17T20:16:03","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=26608"},"modified":"2018-12-18T06:46:03","modified_gmt":"2018-12-17T20:16:03","slug":"cleanco-queensland-renewables-mb0868","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/cleanco-queensland-renewables-mb0868\/","title":{"rendered":"Queensland Government&#8217;s CleanCo Is Go"},"content":{"rendered":"<div id=\"attachment_26609\" style=\"width: 810px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-26609\" class=\"size-full wp-image-26609\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/cleanco-queensland-renewables.jpg\" alt=\"CleanCo - renewable energy\" width=\"800\" height=\"456\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/cleanco-queensland-renewables.jpg 800w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/cleanco-queensland-renewables-300x171.jpg 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/cleanco-queensland-renewables-768x438.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><p id=\"caption-attachment-26609\" class=\"wp-caption-text\">Image: Queensland Government<\/p><\/div>\n<p>CleanCo, Queensland&#8217;s new publicly owned renewables and low-emissions electricity generator, officially became an entity at midnight on Sunday.<!--more--><\/p>\n<p>Originally kicked off <a href=\"https:\/\/www.solarquotes.com.au\/blog\/queensland-renewables-cleanco-mb0726\/\">in August<\/a>, CleanCo involves restructuring Queensland&#8217;s two publicly-owned electricity generation companies into three entities.<\/p>\n<p>The organisation has a new chair and board, including Ivor Frischknecht. Mr. Frischknecht previously headed the Australian Renewable Energy Agency (ARENA) from 2012 until August this year. International management consultant Jacqui Walters is the inaugural chair, with Tracy Dare another director. Ms. Dare is a chartered accountant and a former director of CS Energy.<\/p>\n<blockquote><p>\u201cCleanCo will be a game changer with a strategic portfolio of low and no-emission power generation assets,\u201d <a href=\"http:\/\/statements.qld.gov.au\/Statement\/2018\/12\/17\/new-renewable-energy-generator-in-place-for-2019\" target=\"_blank\" rel=\"noopener\">said<\/a> Deputy Premier and Treasurer Jackie Trad. \u201cThe Palaszczuk Government has appointed board members with a wealth of experience in the dynamic energy sector and strong change and business leadership skills to ensure a smooth establishment.\u201d<\/p><\/blockquote>\n<p>Queensland Energy Minister Dr Anthony Lynham said the activities of CleanCo will put more downward pressure on electricity prices, while boosting investment and jobs in the state&#8217;s renewable energy sector. At this stage, CleanCo has a kitty of $250 million for building, owning and operating new renewable generation capacity.<\/p>\n<blockquote><p>&#8220;The new CleanCo complements Queensland\u2019s strong position as an exporter of energy to the southern states and helps deliver more affordable energy with the right mix of dispatchable and renewable generation capacity,&#8221; <a href=\"https:\/\/www.treasury.qld.gov.au\/growing-queensland\/queenslands-new-cleanco\/\" target=\"_blank\" rel=\"noopener\">states<\/a> the QLD government.<\/p><\/blockquote>\n<p>CleanCo will have trading rights to a initial portfolio of existing energy generators, including Wivenhoe (pumped hydro storage), Swanbank E (gas), Barron Gorge (hydro), Kareeya (hydro) and Koombooloomba (hydro) power stations. The fact that gas is included in CleanCo&#8217;s portfolio has caused concern for some, as has its potential role in the future.<\/p>\n<p>The foundation assets won&#8217;t be transferred to CleanCo until such time it has developed the capability to manage them at required safety and reliability standards. CS Energy and Stanwell employees transferring over to CleanCo will maintain their existing conditions.<\/p>\n<h2>1GW Renewables Capacity By 2025<\/h2>\n<p>According to a <a href=\"https:\/\/s3.treasury.qld.gov.au\/files\/CleanCo-fact-sheet.pdf\" target=\"_blank\" rel=\"noopener\"> fact sheet<\/a>, CleanCo will deliver 1000MW of renewable energy generation capacity, including wind power, solar energy and hydro assets, by 2025. This will assist the government towards its goal of 50 per cent renewable energy generation capacity by 2030 under the Queensland Renewable Energy Target (QRET)<\/p>\n<p>Preliminary analysis by the government indicated CleanCo should reduce wholesale electricity prices by approximately $7\/MWh on average. It expects this to initially translate to an estimated $70 annual electricity bill saving for the average household. When? It doesn&#8217;t say.<\/p>\n<p>It&#8217;s anticipated CleanCo will be trading in the National Electricity Market by the middle of 2019, subject to receiving the necessary regulatory approvals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CleanCo, Queensland&#8217;s new publicly owned renewables and low-emissions electricity generator, officially became an entity at midnight on Sunday.<\/p>\n","protected":false},"author":17,"featured_media":26609,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-26608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Queensland Government&#039;s CleanCo Is Go - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"CleanCo, Queensland&#039;s new publicly owned renewables and low-emissions electricity generator, officially became an entity at midnight on Sunday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/cleanco-queensland-renewables-mb0868\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Queensland Government&#039;s CleanCo Is Go\" \/>\n<meta property=\"og:description\" content=\"CleanCo, Queensland&#039;s new publicly owned renewables and low-emissions electricity generator, officially became an entity at midnight on Sunday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/cleanco-queensland-renewables-mb0868\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-17T20:16:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/cleanco-queensland-renewables.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"456\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/cleanco-queensland-renewables-mb0868\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/cleanco-queensland-renewables-mb0868\\\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#\\\/schema\\\/person\\\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Queensland Government&#8217;s CleanCo Is Go\",\"datePublished\":\"2018-12-17T20:16:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/cleanco-queensland-renewables-mb0868\\\/\"},\"wordCount\":451,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/cleanco-queensland-renewables-mb0868\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/cleanco-queensland-renewables.jpg\",\"articleSection\":[\"General Solar &amp; 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Establishing of the new company kicked off in August last year, it was incorporated as a\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Queensland's CleanCo","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/queensland-cleanco-renewables.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/queensland-cleanco-renewables.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/queensland-cleanco-renewables.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/queensland-cleanco-renewables.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/queensland-cleanco-renewables.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":23917,"url":"https:\/\/www.solarquotes.com.au\/blog\/queensland-renewables-cleanco-mb0726\/","url_meta":{"origin":26608,"position":1},"title":"Queensland Government Kicks Off CleanCo","author":"Michael Bloch","date":"August 31, 2018","format":false,"excerpt":"The Palaszczuk Government announced yesterday afternoon it has commenced establishing CleanCo, Queensland\u2019s new renewable energy, publicly owned electricity generator. But it won't be all renewables. A Palaszczuk Government 2017 election commitment, CleanCo involves re-structuring the state's two publicly-owned electricity generation companies into three. It was to be started in the\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"CleanCo - Queensland Government","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/cleanco-queensland.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/cleanco-queensland.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/cleanco-queensland.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/cleanco-queensland.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":32279,"url":"https:\/\/www.solarquotes.com.au\/blog\/qld-renewables-cleanco-mb1146\/","url_meta":{"origin":26608,"position":2},"title":"Shortlist For Queensland&#8217;s Renewables 400 Reverse Auction Announced","author":"Michael Bloch","date":"July 24, 2019","format":false,"excerpt":"It's been around two years in the making so far, but the Queensland Government's Renewables 400 reverse auction is now another step closer. Queensland Energy Minister Dr Anthony Lynham announced this morning CleanCo would commence trading in the national electricity market on October 31 and complete the Government\u2019s Renewables 400\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"CleanCo - renewable energy auction","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/07\/cleanco-renewables-auction.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/07\/cleanco-renewables-auction.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/07\/cleanco-renewables-auction.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/07\/cleanco-renewables-auction.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/07\/cleanco-renewables-auction.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":16647,"url":"https:\/\/www.solarquotes.com.au\/blog\/queensland-labor-solar-mb0298\/","url_meta":{"origin":26608,"position":3},"title":"Queensland Labor Pledges Solar Funding","author":"Michael Bloch","date":"November 13, 2017","format":false,"excerpt":"Advancing solar energy in Queensland will remain an important focus under a re-elected Palaszczuk Government. Yesterday, Queensland Labor released its Powering Queensland's Future policy document, which includes commitments for solar on schools, in remote communities and cash for large-scale solar thermal power. \"Only my government has a plan to power\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Powering Queensland's Future","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/queensland-labor-solar-2.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/queensland-labor-solar-2.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/queensland-labor-solar-2.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/queensland-labor-solar-2.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":55372,"url":"https:\/\/www.solarquotes.com.au\/blog\/western-downs-solar-mb2213\/","url_meta":{"origin":26608,"position":4},"title":"Huge QLD Solar + Battery Storage Project Progresses","author":"Michael Bloch","date":"October 29, 2021","format":false,"excerpt":"Western Downs Green Power Hub is another step closer to prime time, with grid connection now completed by Powerlink. Situated 22km south-east of Chinchilla in Queensland's Western Downs region, the Neoen project is a 460MW(ac)\/400MW(dc) solar power station that will generate an estimated 1,080 GWh of clean electricity per year\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Western Downs solar farm","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/western-downs-solar.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/western-downs-solar.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/western-downs-solar.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/western-downs-solar.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/western-downs-solar.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":64059,"url":"https:\/\/www.solarquotes.com.au\/blog\/qld-westfield-renewables-mb2579\/","url_meta":{"origin":26608,"position":5},"title":"QLD Shopping Centres Switching To 100% Renewable Electricity","author":"Michael Bloch","date":"August 3, 2022","format":false,"excerpt":"Scentre Group has inked an agreement to source 100 per cent renewable electricity for its Queensland Westfield Living Centres - but it will be a couple of years before it kicks in. Scentre Group owns and operates 42 Westfield shopping centres across Australia (37) and New Zealand (5). In 2020,\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Wind and solar energy for Queensland Westfield shopping centres","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/wind-solar-westfield.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/wind-solar-westfield.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/wind-solar-westfield.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/wind-solar-westfield.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/08\/wind-solar-westfield.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/26608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=26608"}],"version-history":[{"count":2,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/26608\/revisions"}],"predecessor-version":[{"id":26611,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/26608\/revisions\/26611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/26609"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=26608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=26608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=26608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}