APMDC Suliyari coal upcoming auction 1,50,000 MT for MP MSME on 2nd Dec 2024 @ SBP INR 2516/- per MT

APMDC Suliyari coal upcoming auction 75,000 MT for Pan India Open on 15th Oct 2024 / 15th Nov 2024 & 16th Dec 2024 @ SBP INR 3000/- per MT

Notice regarding Bidder Demo dated 23.10.2024 from 4 P.M of BCCL Coking Coal of Washery Developer and Operator (WDO) for Dugda Coal Washery e-Auction scheduled on 16.12.2024 in Coaljunction portal

Login Register Contact Us
Welcome to Linkage e-Auctions Welcome to Coal Trading Portal Welcome to APMDC Suliyari Coal

Coal news and updates

Queensland, Australia, Vows to Turn Coal Plants Into Renewable Energy Hubs by 2035

30 Sep 2022

 

A coal-fired plant in Queensland, Australia. Auscape / Universal Images Group via Getty Images

Queensland, Australia, is in the midst of a climate emergency. In the past two years, the state in the country’s northeast corner has experienced both extreme wildfires and extensive flooding. And off its coast lies the Great Barrier Reef, which has suffered six mass bleachings since 1998 as the climate crisis elevates ocean temperatures. 

Despite all this, Queensland is one of Australia’s most coal-producing states, according to Reuters. But that might change. The government announced a $40 billion plan Wednesday to transition its coal-fired plants to renewable energy by 2035. 

“Climate change is real. Its impacts are real. Its effect on the future of Queensland now and into the future are real,” Premier Annastacia Palaszczuk said in a statement Wednesday. “But we need to do more — much, much more — than understand the effects of climate change. We need to do much more than talk about it. We need to act and we need to act in a revolutionary way.”

Palaszczuk said the state would up its renewable energy targets, from 50 percent by 2030 to 70 percent by 2032 and 80 percent by 2035, according to Reuters.

These goals will be backed by two major infrastructure projects, according to Australia’s ABC News: a “supergrid” linking renewable energy generators, transmission lines and batteries and the world’s largest hydro storage facility near Mackay. Experts say the plan may help the state — which was at risk for not meeting its previous 50 percent renewable energy goal — pick up the slack. 

“What we have seen is a radical increase in ambition backed up by a number of specifically-funded projects,” University of Queensland economist John Quiggin said. “It’s a big change in the picture of electricity supply in Queensland. It could certainly end the stages of Queensland lagging.”

The plan also includes goals of building at least 2,000 more wind turbines and 35 million more solar panels by 2030, The Guardian reported. For former-coal plant workers, the government is promising a  $150 million “job security guarantee.” 

“That ensures workers will have the opportunity to continue careers with publicly owned energy businesses or elsewhere in the public sector,” Palaszczuk said in Wednesday’s speech.