Australian Energy Market Operator
OrganisationReferenced in 2 bills
Energy (Renewable Transformation and Jobs) Bill 2023
This bill creates the legal foundation for Queensland's transition from coal-fired to renewable electricity generation. It legislates renewable energy targets of 50% by 2030, 70% by 2032, and 80% by 2035, commits to public ownership of energy assets, establishes frameworks to build new transmission infrastructure and Renewable Energy Zones across the state, and creates a $150 million fund to support workers at coal-fired power stations through the transition.
Royalty Legislation Amendment Bill 2020
This bill overhauls how Queensland calculates petroleum royalties, replacing the old 'wellhead value' system with a simpler volume-based model that applies different rates depending on whether gas is sold domestically, supplied to LNG projects, produced as part of an LNG project, or is liquid petroleum. It also brings mineral and petroleum royalty administration under the Taxation Administration Act 2001 for consistency with state taxes.