Queensland to spend $5 billion on electricity transmission project

Queensland Premier Annastacia Palaszczuk will serve out the week and then quit politics. Photo: AAP
Queensland will spend $5 billion on an 1100km electricity transmission line linking the stateās vast northwest mining region to the national grid for the first time.
The state government will take over private company CuStringās planned CopperString 2.0 project to build a high voltage line from Townsville to the northwest, which is rich in copper, zinc, lead, silver and potentially phosphate andĀ rare earth minerals.
Premier Annastacia Palaszczuk said the line capacity will be increased between Townsville and Hughdenden to allow future renewable energy projects to connect to the grid as well.
State-owned transmission provider Powerlink will conduct early work this year before construction starts next year with the project due to be completed by 2029.
āCopperString is the most significant investment in economic infrastructure in North Queensland in generations,ā Ms Palaszczuk said in a statement on Tuesday morning.
āUnlocking affordable renewable energy and our critical minerals will benefit Townsville, Mount Isa and every town in between ā unlocking thousands of jobs and billions in investment.ā
Having a concrete timeline will give green energy and mining projects certainty to invest, CEO of economic development body Townsville Enterprise Claudia Brumme-Smith said.
āWe have spoken to plenty of prime ministers, plenty of premiers and they all were supportive but no one ever put their money where their mouth is,ā she told ABC radio North Queensland on Tuesday.
āThe premier has done that today ⦠yes it took us ten years but ⦠we havenāt built transmission lines like that for decades.ā
Ms Brumme-Smith said there were ābillions of dollars in the wingsā as wind farms, solar farms and critical mineral mining projects waited on the enabling infrastructure.
Sheās projecting a total of 3000 jobs for the region accounting for the subsequent projects.
The government indicated it was keen to take over the project in January after CopperString 2.0 was given federal approval in December.
Energy Minister Mick de Brenni said the line will open up the region for renewable energy projects, with the government signing a number of joint venture deals with private operators for solar, wind, hydrogen and gas projects there in the past two years.
āBuilding this transmission line opens up 6000 megawatts of potential renewable energy in the North Queensland Renewable Energy Zone, creating more jobs than our state has ever seen in a new, decarbonised resources sector stretching from Townsville to Mount Isa ā and theyāre starting right now, with early works packages to be rolled out almost immediately,ā he said in a statement.
The project, which has bipartisan support, has been the subject of multiple state and federal election promises over the years.
LocalĀ federal and state MPs Bob Katter and Robbie Katter, a father-son duo who represent the aptly-named Katterās Australian Party in the region, have been pushing for CopperString 2.0 since 2003.
ā AAP
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