CleanCo Queensland is a corporation owned by the Queensland Government in Australia. CleanCo owns and operates a range of electricity generation assets in Queensland, including run-of-the-river and pumped-storage hydroelectricity, gas-fired power plants, grid-scale solar farms and wind farms. The Queensland Government has a long-term ambition to generate 50 per cent of the state’s electricity from renewable sources by 2030. [1] CleanCo was established in 2018 to manage those facilities. [2]
The two ministers responsible for CleanCo are the Treasurer of Queensland and the Minister for Energy and Clean Economy Jobs. The company was launched with an initial $250 million grant to develop 1,000 megawatts of renewable energy capacity. [2]
The Queensland Government established CleanCo through the transfer of renewable energy assets from CS Energy and Stanwell Corporation. It has a mandate to increase competition in the energy market and with the intent of supporting the government's renewable energy target. [3]
The assets transferred from the two other government-owned corporations are:
CleanCo took control of these assets on 31 October 2019. [4]
CleanCo is establishing the Swanbank Clean Energy Hub at the site of the former Swanbank Power Station. The hub features a 250 MW/500 MWh big battery, an onsite solar farm and green hydrogen production facilities. [5]
Maia Schweizer was the inaugural CEO of CleanCo. [6] Tom Metcalfe took over the role in July 2022. [7]
