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

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 phase out 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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