The Office of the Coordinator General (OCG) of the government of Queensland (Australia) has cleared the 2 GW Borumba pumped-storage hydropower project, considering that the project meets the criteria for a coordinated project. This decision paves the way for its developer, the state-owned hydropower company Queensland Hydro, to start the environmental impact statement (EIS) for the project.
The AUD 14.2bn (US$9bn) Borumba project, located in Imbil, west of the Sunshine Coast of Queensland, involves the construction of a new dam that will replace the existing Borumba Dam wall and raise Lake Borumba’s storage capacity from 46 to 224 gigalitres. Pending successful planning and environmental approvals, the project is targeting first power in 2030.
In 2023, Queensland released a draft version of its Energy Bill 2023 setting a target for renewables in power generation of 50% by 2030, 70% by 2032, and 80% by 2035. The state aims to reach net zero emissions by 2050.
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