The Pioneer-Burdekin Pumped Hydro Project has achieved a significant milestone, with Premier Steven Miles announcing that over 5 kilometres of core samples have now been collected. This marks the latest progress in the Queensland Government’s signature energy project, which aims to store excess solar energy for use at night and during peak demand.
With more than 50 boreholes drilled to date, the project is entering its next phase, as Queensland Hydro confirms structurally solid granite throughout the site. The project is set to support thousands of jobs and inject billions into the Mackay economy, with local company Twin Hills Engineering and Drilling estimating a $20,000 weekly boost to the region.
In addition, independent modelling estimates that Queensland’s north and outback regions will see a $240 billion boost and the creation of 84,000 jobs by 2050 if the state reaches its NetZero target. The project is also expected to help Queensland meet its renewable energy and emissions targets, with an estimated 7 million tonnes of CO2 emissions avoided annually.
Premier Miles and Minister for Energy Mick de Brenni reaffirmed their commitment to the project, with the latter highlighting its potential to lower electricity bills and bolster local businesses. Queensland Hydro CEO Kieran Cusack praised the milestone, emphasizing its importance for the project’s future success.
