Queensland could reap $24bn renewables boom if it phases out coal generators

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Analysts say sector could expand sixfold if all planned projects proceed and government focuses on carbon reduction policies

Regional Queensland is on the verge of a $24bn renewable energy boom, but the “vast majority” of projects will never be built without the phaseout of existing coal-fired power stations and government policy to reduce emissions in the energy sector.

A new report by analysts Green Energy Markets, commissioned by Solar Citizens, finds the renewable industry could expand sixfold – employing 34,000 people in construction and 1,500 people in ongoing jobs – if all projects under planning were to proceed.

Related: Low-cost, printable solar panels offer ray of hope amid energy gridlock

Related: Renewables forecast to halve wholesale energy prices over four years

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