Queensland Government Withdraws Pioneer-Burdekin Hydro Project

The Queensland government has officially cancelled the Pioneer-Burdekin Pumped Hydro Energy Storage Project due to its financial and environmental unviability, as well as a lack of community consultation. Initially budgeted at AU$12 billion, a recent analysis revealed costs would soar to AU$36 billion, imposing a burden of AU$15,653 on each household. Premier David Crisafulli emphasized the need for smaller, more manageable pumped hydro projects to support renewable energy goals, particularly focusing on the proposed 2GW Borumba project. The cancellation of this project, a cornerstone of the former Labor government's energy plan, is seen as a critical shift in Queensland's approach to renewable energy infrastructure. Despite recommendations for a downsized version of the scheme, the new government has opted not to pursue it, citing local opposition and the community's need for clarity. The decision reflects a broader strategy to reevaluate energy projects in light of economic feasibility and environmental impact.