Media release: Queensland Energy Roadmap confirms gas essential in powering state’s future

Australian Energy Producers has welcomed the Queensland Government's five-year Energy Roadmap, which recognises the critical role of natural gas in delivering reliable and affordable energy for Queensland homes and businesses.

Queensland Director Keld Knudsen said the roadmap confirms natural gas will be increasingly important in powering the state with reliable and affordable energy.

"This roadmap sends a clear signal that gas will continue to be essential to Queensland's energy reliability and economic strength," Mr Knudsen said.

"It also reaffirms that Queensland will need continued investment in new gas supply and infrastructure to underpin Queensland's domestic energy security and export strength."

Economic analysis commissioned by Australian Energy Producers earlier this year showed that between 2014 and 2024, the sector contributed $127 billion to the state economy, and supported around 60,000 jobs and 3,000 local businesses, community groups and charities.

"The gas industry continues to play a vital role in supporting regional jobs and investment, powering communities across the state, and underpinning local jobs, businesses and services," Mr Knudsen said.

The roadmap forecasts Queensland will need to double its gas generation capacity over the next decade - from 3.5 gigawatts today to as much as 8.3 gigawatts by 2035 - to back up growing shares of renewables.

It also outlines plans for the Queensland Investment Corporation to partner with private investors to deliver an additional 400 megawatts of gas-fired electricity in central Queensland by 2033 to ensure reliable and affordable electricity.

"Driving more investment in new gas supply and infrastructure will help Queensland realise its full potential for economic growth, job creation and energy security," Mr Knudsen said.

"We look forward to working with the Queensland Government and industry partners to deliver the investment and infrastructure needed to secure Queensland's position as an energy leader through the transition."