The Queensland Government has announced it has declared Genex Power’s Kidston Energy Hub a coordinated project, expediting the $330 million plan.
State Minister for Development, Manufacturing, Infrastructure and Planning Cameron Dick said the project, located at the decommissioned Kidston Gold Mine, uses two adjactent water-filled mine pits to generate hydroelectricity.
“If approved, the project could employ 370 people during the two-year construction and have a minimum lifespan of 50 years,” Mr Dick said.
“When complete, Stages 1 and 2 of the Kidston Renewable Energy Hub will provide enough energy to power around 160,000 Australian homes – enough power for a city bigger than Cairns.
“Stage 1 alone will produce enough power to supply more than 26,000 Australian homes, offsetting 120,000 tonnes of CO2 per year and remove 33,000 cars off Australian roads.
The Kidston Renewable Energy Hub comprises:
Stage 1 solar power project (50 MW) which has been constructed
Stage 2 proposed new solar project (270 MW) to integrate with the K2H project (250 MW) currently undergoing assessment
Stage 3 wind farm project (150 MW) which is in the feasibility stage.
Energy generated by Stage 2 (combined solar and hydro) will be via a new transmission line connecting the Kidston site to Mount Fox, near Ingham.
CEO of Genex James Harding said he welcomed the coordinated project declaration.
“This declaration is recognition of the significant positive benefits that the project will have to the region and state,” Mr Harding said.
If approved construction is due to commence in 2019 and expected to be completed by 2021.