CleanCo Queensland
| Company type | Government-owned corporation |
|---|---|
| Industry | Electricity generation |
| Founded | 2018 |
| Headquarters | Australia |
Area served | Queensland |
Key people | Tom Metcalfe (CEO since July 2022), Maia Schweizer (former CEO) |
| Products | Electricity generation from hydroelectric, gas, solar, wind; battery storage; green hydrogen production |
| Owner | Queensland Government |
CleanCo Queensland operates as a corporation owned by the Queensland Government, managing a variety of electricity generation facilities. These include run-of-the-river and pumped-storage hydroelectric plants, gas-powered stations, large-scale solar farms, and wind energy projects. Founded in 2018, CleanCo aligns with the government's ambition to achieve 50% renewable electricity generation in Queensland by the year 2030.
Oversight of CleanCo is provided by the Treasurer of Queensland along with the Minister for Energy and Clean Economy Jobs. The company was initially funded with a $250 million grant aimed at developing renewable energy capacity totaling 1,000 megawatts.
Assets
To foster competition in the energy market and accelerate renewable energy goals, CleanCo was formed by transferring assets from government-owned entities CS Energy and Stanwell Corporation.
The portfolio of transferred assets encompasses:
- Swanbank Power Station
- Wivenhoe Power Station
- Kareeya Hydro Power Station
- Barron Gorge Hydroelectric Power Station
- Koombooloomba Hydro Power Station
Control of these facilities was officially assumed by CleanCo on 31 October 2019.
Currently, CleanCo is advancing the Swanbank Clean Energy Hub project at the location of the former Swanbank Power Station. This development includes a 250 MW/500 MWh battery storage system, an onsite solar photovoltaic installation, and infrastructure for producing green hydrogen.
Management
Maia Schweizer was CleanCo’s first chief executive officer, with Tom Metcalfe taking over the leadership role in July 2022.