Bungaban is a 1.4GW wind energy project that can be responsibly developed to complement existing land uses and produce sustainable, cost competitive energy for homes and industry within the next five years.
Bungaban has the capacity to provide clean energy to the equivalent of one in three Queensland households, displacing about 4 million tonnes of carbon from the state’s energy generation profile every year.
The project will coexist with the region’s agricultural industry, delivering important benefits to the region and play a key role in support Queensland’s critical decarbonisation objectives.
During construction the project will create more than 750 new Queensland jobs and inject around $500 million into the regional economy though local employment, supply and contracting. Once operational, Bungaban will occupy around 1 per cent of the combined area of its host properties.
A strategic partnership with Rio Tinto for 80 per cent of all energy produced over 25 years, will see Bungaban play a critical role in securing the sustainable future of central Queensland’s metals and advanced manufacturing industries.
This is the largest renewable energy Power Purchase Agreement in Australia, and highlights the important role large scale renewable energy projects play in securing a sustainable future for Queensland's powerhouse traditional industries and thousands of regional jobs across the State. The remaining 20 per cent of the project’s generated electricity will supply Australia’s National Electricity Market, delivering clean electricity to homes and businesses.