Snowy 2.0 blowouts 'alarming' as costs grow twelve-fold
Snowy 2.0 project
Covered by 4 sources
- Guardian Australia·15h agoSnowy Hydro 2.0 is costing $25bn – 12 times more than its initial estimate. How did we get here?
Chris Bowen says the hydroelectricity development has become ‘one of the most complicated engineering projects’ in the world Sign up for climate and environment editor Adam Morton’s free Clear Air newsletter here The cost of the publicly owned Snowy 2.0 hydroelectricity project…
Read at Guardian Australia → - The Conversation AU·1d agoSnowy 2.0 was never going to be cheap. But it will be much cheaper than relying on batteries for storage
The final cost estimate for Snowy 2.0 has been released. The conversion of the original Snowy hydroelectric scheme to a large pumped hydro energy storage scheme will cost A$22-25 billion and will be completed in late 2029. Much media coverage has focused on the major blowouts in…
Read at The Conversation AU → - The West Business·1d agoSnowy 2.0 blowouts 'alarming' as costs grow twelve-fold
The price of Australia's largest renewable energy project has ballooned by up to 12 times the original cost estimate as Labor and the opposition point fingers.
Read at The West Business → - ABC Business AU·1d agoSnowy 2.0 to cost 12 times more than initial budget with further delays
Australia's biggest renewable energy project, which has faced financial and timeline challenges since its inception, could now cost $25 billion and is expected to be delivered in late 2029.
Read at ABC Business AU →
