The Queensland Government says its Energy Roadmap is delivering progress on affordability, reliability and sustainability six months after its release, while also outlining further investment and development across the state’s energy sector.
In a media release, the government said the roadmap is aimed at placing downward pressure on energy prices while maintaining domestic energy security through continued investment in coal and gas generation, alongside the development of renewable energy and storage capacity.
According to the government, the plan is also progressing new supply opportunities, including investigations into oil and gas potential in the Taroom Trough, as well as initiatives to support renewable energy projects and storage.
Queensland Treasurer and Energy Minister David Janetzki said the roadmap was designed to balance current energy needs with future demand.
“The Roadmap is our plan to deliver new supply in the right places, at the right time, while keeping the lights on and putting downward pressure on prices,” Janetzki said.
He said electricity prices in Queensland are forecast to fall by about 10 per cent in the next financial year, contrasting this with a reported 19.9 per cent increase in a single year under the previous Labor government.
Janetzki said the government’s approach was based on “economics and engineering, not ideology,” and included both maintaining existing assets and encouraging private sector investment in new infrastructure.
“The Roadmap is a credible plan as we’ve already seen more than a gigawatt of new storage and a gigawatt of new renewables becoming operational since mid-2025,” he said.
As part of the roadmap’s implementation, the government said key milestones have been reached, including the completion of market sounding for the Central Queensland Gas Power Tender, the launch of an Investor Gateway, and the opening of the North West Energy Fund.
State-owned investment manager Queensland Investment Corporation (QIC) has conducted market sounding for 400 megawatts of new gas-fired generation capacity in Central Queensland, targeted for delivery by 2032.
Janetzki said the process attracted “overwhelming market interest,” with more than 50 parties engaged and over 10 gigawatts of prospective gas-fired generation identified across 17 projects.
Through the Investor Gateway, QIC is also facilitating partnerships between investors, developers and government-owned corporations to support more than 1,700 megawatts of new energy capacity. This includes wind, gas and renewable projects involving companies such as CS Energy, Stanwell and CleanCo.
In addition, the government said QIC is deploying a $200 million North West Energy Fund to support regional energy projects, including improving supply in Julia Creek and supporting renewable generation linked to the Dugald River Mine and the wider North West power system.
