Partnership slashing coal mine emissions
19 Sep 2024
Kestrel Coal Resources is partnering with the Queensland Government in a
coal mine waste gas-to-electricity project that is set to reduce its mine’s
emissions by more than one million tonnes over eight years.
The
project forms the second investment from the State Government’s $520 million
Low Emissions Investment Partnerships (LEIP) program.
The
LEIP investment from the Queensland Government is a step forward for Kestrel in
fast-tracking its decarbonisation activities and is an example of progressive
coal royalties being reinvested in coal communities.
The
project will expand the underground mine’s drainage system to capture more
fugitive gas and prevent its release into the atmosphere.
The
30MW power station will be built at the Kestrel mine, north of Emerald. It will
generate enough electricity to power more than 40,000 homes.
The
project is expected to create about 160 additional jobs on top of the existing
700-strong mine workforce ahead of full operations in 2026.
Queensland
Deputy Premier, Treasurer and Minister for Trade and Investment, Cameron Dick,
said Queensland’s metallurgical coal mining industry provides helps forge the
steel that is necessary to build renewable technologies and achieve a net zero
transformation.
“The
LEIP program is accelerating opportunities to drive down emissions while
supporting Queensland’s resources industry.
“Kestrel’s
project will mitigate emissions being released into the atmosphere using proven
abatement technologies.
“Importantly,
we’re protecting jobs in regional Queensland and supporting an industry that is
crucial to our renewable energy future”.
Kestrel
Coal Resources’ Chief Executive Officer, Shane Hansen, said the company has
focused its resources on targeting substantive and innovative emissions
reduction projects.
“This
funding is a key enabler of our decarbonisation strategy, and we welcome the
partnership with Queensland Treasury and the LEIP program.
“The
project will help support the future of our workforce as we continue to
sustainably supply the steelmaking industry.”