North West Queensland is one step closer to being connected to the grid with the engineering and geotechnical contract awarded for CopperString 2032. CIMIC Group companies UGL and CPB Contractors will complete the work, which will lay the foundations for the $5bn project. The CopperString project, which was initially developed by CuString, will connect the … [Read more…]
Energy consultancy company Rystad expects a 10-fold increase in global battery storage capacity by 2030. Meanwhile, Queensland is making massive moves. Specifically, the state government has set aside $7 billion for two state-owned pumped hydro projects while the six public energy providers have committed to spending just under $5.5 billion on various renewable energy projects, … [Read more…]
The electricity network has been exposed going into a peak demand period, the head of one of the biggest energy companies warns. Queensland is set to legislate its 80 per cent renewable energy target by the end of the year. The state is moving towards phasing out coal-fired power by 2035. Renewable energy consumption is … [Read more…]