Department of Energy and Climate
Queensland Budget 2024-25 · Miles Government
As at budget day (2024-06-11)
Key service areas
Budget initiatives
Continued delivery of the Queensland Energy and Jobs Plan, a capital investment of around $26 billion over 4 years to transform the state's energy system, including pumped hydro, wind farms, batteries and the CopperString transmission line.
Around $26 billion over four years transforms Queensland's energy system, including the Borumba and Pioneer-Burdekin pumped hydro schemes, wind farms, batteries and the CopperString line connecting the North West to the grid, working towards 80 per cent renewable energy by 2035.
Capital, around $26B over 4 years, largely delivered through government-owned energy corporations. Operating policy funding of $43.3M over 5 years sits separately in BP4. Year-by-year profile held in the Capital Statement (BP3).
Investment in CopperString 2032, connecting Mount Isa and the North West to the national electricity grid.
$712 million in 2024-25 progresses the CopperString transmission line connecting Mount Isa and the North West to the national electricity grid, unlocking renewable energy and mining investment in outback Queensland.
Capital, $712M invested in 2024-25, delivered through a government-owned corporation. Multi-year total not separately disclosed in BP4; the project sits within the Queensland Energy and Jobs Plan.
Forward estimates
Year-by-year allocations for 1 measure with published forward profiles.
| Measure | 2024-25 | Total |
|---|---|---|
| CopperString 2032 | $712M | $712.0M |
| Total | $712.0M | $712.0M |
Performance metrics
Service standards from the Service Delivery Statement. Targets and actuals as published.
| Metric | Prior target | Actual | Target |
|---|---|---|---|
| 2024-25 | 2024-25 | 2025-26 | |
| Renewable energy as per cent of total electricity generation in Queensland | — | New | 30% |
| Average time of energy (electricity and gas) licensing assessment | <120 days | 68 days | <120 days |
| Overall customer satisfaction with the enabling activities that support agency implementation of the Queensland Procurement Policy | ≥90% | 87% | ≥90% |
| Cost of biofuels exemption application assessed | <$4,680 | $3,270 | <$4,680 |
| Operating cost per $1,000 of managed spend on general goods and services | <$2 | $1.22 | <$2 |
Source: Service Delivery Statement. Prior target and actual are for 2024-25; target is for 2025-26.
Source document
Service Delivery Statement — Department of Energy and Climate (PDF)Last updated: 2026-06-20. Factual information from published budget documents.