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Snowy Hydro 2.0 costs have doubled again, will the project go on?

Snowy Hydro 2.0 costs have doubled again, will the project go on?

4 min

The cost of building the Snowy 2.0 pumped hydro scheme has doubled again, with a new report finding it could reach $25 billion and not come online until 2029. Announced in 2017, Snowy 2.0 is Australia's biggest renewable energy project and was expected to cost $2 billion and be operating by 2021. Snowy Hydro and the Albanese Government say work must continue, while the Coalition wants Energy Minister Chris Bowen sacked, so what happens now?

The cost of building the Snowy 2.0 pumped hydro scheme has doubled again, with a new report finding it could reach $25 billion and not come online until 2029.
Announced in 2017, Snowy 2.0 is Australia's biggest renewable energy project and was expected to cost $2 billion and be operating by 2021.
Snowy Hydro and the Albanese Government say work must continue, while the Coalition wants Energy Minister Chris Bowen sacked, so what happens now?


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