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Queensland to ditch coal-fired plants as part of $40b clean-energy plan
Investors - SEPTEMBER 29, 2022

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Queensland to ditch coal-fired plants as part of $40b clean-energy plan

by Kali Persall

Queensland, one of Australia's top coal-producing states, has unveiled plans to convert its coal-fired power plants to renewable hubs by 2035, according to Reuters.

The A$62 billion ($40 billion) 10-year clean-energy plan would have Queensland source 70 percent of its energy needs from renewables by 2032 and 80 percent by 2035, compared with the previous target of 50 percent by 2030,

Annastacia Palaszczuk, premier of Queensland, called the plan the “biggest commitment to renewable energy in Australia's history.”

The clean energy vision includes a new supergrid connecting solar, wind, battery and hydrogen generators across the state, unlocking 22 gigawatts of new renewable capacity. It also lays out plans for the construction of a dam and hydropower project that would supply half of Queensland's future energy needs.

Reuters said Queensland's eight coal-fired plants, some of which are not due to retire until the 2040s, would remain as

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