AFFORDABLE GREEN POWER & HYDROGEN
COPPERSTRING 2032 THERE’S NO TRANSITION WITHOUT TRANSMISSION
More than a decade of advocacy by Townsville Enterprise and the leaders of North and North Queensland led to this history-making announcement. We thank the Premier and the State Government for their commitment to this key energy enabling project.
On 7 March, Queensland Premier Honourable Annastacia Palaszczuk announced in Townsville that the State Government would acquire and fund the $5 billion CopperString project. This 1,100km transmission line would connect the people, businesses and communities of Mount Isa, Cloncurry and the North West Minerals Province to the National Electricity Grid for the first time in Australia’s history.
ABOUT COPPERSTRING CopperString means thousands of jobs and billions of dollars in increased revenue for Queensland and Australia. The project will boost the national income by $45 billion while unlocking $740 billion of untapped resources which will increase with more exploration. CopperString will also unleash the 33GW of renewable energy along this corridor. The North West Minerals Province has been held back being held back by some of the highest electricity prices in the world and lack of access to a competitive market. CopperString is a game changer for this region.
COPPERSTRING WILL: Support more than 20,000 existing jobs that rely on operations in the Townsville North Queensland region and North Weset Province. Unlock more exploration in this world-class minerals province that is home to more than $740 billion of untapped resources. Provide affordable and reliable energy solutions to an industry currently held back by the highest electricity prices in the world. Unlock 33GW of green energy which would produce enough energy to power more than 30 times the demand of North Queensland for export from Townsville.
WHAT WE NEED For the State Government to commit to its timeline to build CopperString 2032. With early works to commence in 2023 with construction complete by 2029. State Government investment into housing in Townsville to meet the workforce demand of the CopperString 2032 project.
State Funding
Federal Funding
State and/or Federal
COMMITTED 800
CONSTRUCTION JOBS
Funding N/A
50-100
PERMANENT ONGOING JOBS
3560 INDIRECT JOBS
2023 STATE AND FEDERAL BUDGET SUBMISSION
19
