The Miles Government will appoint special advisors to the Board of CS Energy to ensure it can continue to address matters arising from the incident.
The Government will also conduct a review into the publicly owned generation businesses.
The review will ensure Queensland’s publicly owned energy businesses are aligned to deliver on the Queensland Energy and Jobs Plan, optimise energy transition and ensure downward pressure on consumer prices, while maintaining operating and business performance.
The Review will be led by Queensland Treasury and Queensland Treasury Corporation and is expected to report to government ahead of the 2025 State Budget.
The Miles Government will also seek to take public ownership of 100 per cent of the Callide C Power station from the private joint venture partner.
The announcement follows the agreement by the Board of CS Energy to release the draft Brady Report on the causes of the incident at the Callide C power station in May 2021.
The Government acknowledges that these are draft opinions from Dr Brady and do not represent his final advice.
Dr Brady is yet to complete a final report. The Government has repeatedly committed to releasing the report once it is completed and received by CS Energy.
The Government has taken strong action to date, including:
- Appointment of a new chair of CS Energy in June 2023
- Appointment of a new Board
- Appointment of a new CEO in July 2023
- Appointment of a new Executive General Manager, Asset Management
- Increases to maintenance funding since 2016
- Funded 100 per cent of the design and rebuild of the C4 generator and the cooling towers
