That plan dumped coal closure targets and promised to, somehow, keep ageing generators online into the 2050s<\/a>, while suggesting little to no new wind or solar power \u2013 apart from those projects already contracted \u2013 will be built<\/a> in the state after 2030.<\/p>\n But the state still needs to do something with its existing portfolio of shares in some of the country\u2019s biggest renewable energy generators, and putting them to use to support the coal industry is one way to spend low-cost renewables.\u00a0<\/p>\n State-owned Stanwell Corp owns a piece of seven different wind, solar and battery projects alone with 1.6 gigawatts (GW) of capacity, and CleanCo has ownership stakes in eight with capacity of 2.1 GW, according to RenewMap. <\/p>\n Central Queensland Power, Energy Queensland, Queensland Hydro, and even the state government own direct stakes in 41 wind, solar, battery and hydro projects with a capacity of 5 GW.<\/p>\n This list does not include power purchase agreements state-owned entities have cut with renewable projects across the country.<\/p>\n State treasurer and energy minister David Janetzki says the CleanCo-Aurizon green energy agreement will support regional exports by making them more competitive.<\/p>\n \u201cWith major employers like Aurizon and its customers committed to sustainable energy, it sends a powerful signal across the supply chain,\u201d he said in a statement.<\/p>\n In a hint at what is to come, CleanCo CEO Tom Metcalfe says the state\u2019s exporters are under \u201cincreasing pressure to demonstrate lower-emission supply chains\u201d.<\/p>\n \u201cBy utilising Queensland\u2019s abundant solar and wind to support Queensland businesses, we are unlocking regional jobs and investment across the state,\u201d he said in a statement.\u00a0<\/p>\n Much like Rio Tinto is sidestepping the state\u2019s pro-coal perspective by lining up renewable energy generators to replace its Gladstone coal power station<\/a>, so Aurizon is also working to do that same.\u00a0<\/p>\n It says it\u2019s embedding \u201csustainable, lower-emission energy across every stage of the supply chain in the Mackay region, from rail transport to port operations\u201d, albeit with a far-off 2050 target, as it seeks to get a foothold in a new green economy.<\/p>\n
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