With a gas crisis already on its hands, the government has just learned Snowy Hydro faces significant delays

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With a gas crisis already on its hands, the government has just learned Snowy Hydro faces significant delays
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The signature energy reform piece of the previous government will not start producing electricity until late this decade, presenting another energy market headache for the country.

It is another headache for the nation's energy market, following a meeting of Commonwealth, state and territory this week to discuss the gas crisis gripping the east coast.

Adding to that, the cold snap across Australia has put more pressure on the local electricity market — hampered by unscheduled outages in Australia's ageing fleet of coal-fired power plants. "This is one of the biggest-scale projects we've done as a nation for probably a couple of generations, so of course when you do something as large as this, there's going to be delays," he said.

"Let's be honest, this was always going to happen when you're building something as large as this, but let's just get on with it."

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