Dennis Barnes could not rule out a further delay at Snowy 2.0, while a business case has yet to be made to run the Kurri Kurri power station on green hydrogen.
Snowy Hydro’s new chief executive Dennis Barnes has confirmed 12-month delays in the start-up of both the $5.9 billion Snowy 2.0 project and the Kurri Kurri power plant in NSW, with no guarantee against further hold-ups and cost increases.
Mr Barnes told Senate estimates that Snowy had advised the Australian Energy Market Operator of the revised timelines for the two projects, which have both been hit by construction delays due to bad weather and other factors.Jamila Toderas Snowy 2.0 is now anticipated to be completed at the end of 2027, while the 750-megawatt Kurri Kurri plant near Newcastle is now anticipated to only be fully online in December 2024, although initial power production is expected in May of that year, he said.
as part of its pre-election pledge to have the generator run on 30 per cent green hydrogen at the outset. However, running the plant on 30 per cent green hydrogen – which is not currently available at the site at any cost – is subject to a business case still being worked up by Snowy Hydro that is due to go to government before the 2024 federal budget. The feasibility of that condition set by the Albanese government
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