One Nation SA Senate Candidate Jennifer Game on Snowy 2.0: The question has to be asked; what are we going to get out of it? The opportunity for the government to charge more for electricity, and meeting our Paris target. MORE: outsiders
Prime Minister Scott Morrison has given the green light to Snowy 2.0, claiming it will lower power prices, improve reliability and reduce emissions. Mr Morrison says shovels will be ready to break ground as early as Friday as he visited one of Snowy Hydro's stations.
The Prime Minister was on Tuesday flanked by Finance Minister Mathias Cormann, Energy Minister Angus Taylor and Environment Minister Melissa Price to announce the commonwealth will stump up $1.38 billion for the $4.5 billion project. The pet project of former prime minister Malcolm Turnbull will begin contributing to the grid in 2024, when its expected to curb power prices by up to 10 per cent.
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Multi-billion dollar Snowy Hydro expansion gets green light | Sky News AustraliaPrime Minister Scott Morrison is set to give the green light to a multi-billion dollar expansion of the Snowy Hydro scheme.\n\nThe project is expected to reduce power prices by up to 10 per cent with $1.38 billion dollars of taxpayer money to be injected into the Snowy 2.0 scheme.\n\nUpon completion, the new development will power 500 thousand homes during peak demand.\n\nImage: Snowy Hydro Limited\n\n\n\n
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Snowy Hydro 2.0 gets green light | Sky News AustraliaThe government has committed almost $1.4 billion to upgrade the Snowy Hydro scheme, claiming it will lower power prices, improve reliability and reduce emissions.\n\nSpeaking during a visit to Tumut in New South Wales alongside several ministers, Prime Minister Scott Morrison says shovels will be ready to break ground as early as Friday.\n\nThe pet project of former prime minister Malcolm Turnbull will begin contributing to the grid in 2024, when its expected to curb power prices by up to 10 per cent.\n\nImage: News Corp Australia \n
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Morrison hails 'ground-breaking' Snowy Hydro 2.0A huge expansion of the Snowy Hydro scheme has been approved in an effort to push power prices down and provide more energy reliability. 9News
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Snowy Hydro expansion officially approvedA massive expansion of the Snowy Hydro scheme has been officially approved in a bid to force energy prices down and make power more reliable. 9News
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Snowy Hydro 2.0 project officially approved, funded by federal governmentEarly works on the massive expansion of the Snowy Hydro scheme can now begin with Scott Morrison announcing approval for the pumped hydro-electricity project.
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Pumped hydro effective ‘when the sun goes down’: Energy Minister | Sky News AustraliaFULL INTERVIEW: Energy Minister Angus Taylor says the state governments and federal Labor ‘haven’t given enough thought’ to how renewable energy will be backed up, despite investment in renewables being at record levels.\n\nThe Liberal MP told Sky News that pumped hydro is an effective way to store energy for ‘when the sun goes down and the wind stops blowing’, following the government announcing it will front $1.38 billion for the Snowy Hydro 2.0 project.\n\nMr Taylor says the government has received 66 proposals for projects to ensure Australia has a ‘stable, affordable grid’, but would not confirm how many of those proposals were for coal-fired power.\n\nImage: News Corp Australia \n\n\n\n\n\n
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PM to back Tasmania hydro-electricity project | Sky News AustraliaPrime Minister Scott Morrison is set to announce his commitment to a hydro-electricity project in Tasmania.\n\nThe ACCC recommended the government underwrite reliable supply projects in a bid to boost competition in the generation market, with 66 expressions of interest submitted.\n\nThe hydro sites could store as much energy as 300 Tesla big batteries and are expected to attract investment from the federal government if it stacks up economically. \n\nThe move comes after the Prime Minister gave the green light to a multi-billion dollar expansion of Snowy Hyrdo project in New South Wales. \n\nImage: News Corp Australia\n\n\n\n
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PM to back hydro-electricity project in Tasmania | Sky News AustraliaPrime Minister Scott Morrison will today announce his commitment to a hydro-electricity project in Tasmania.\n\nThe ACCC recommended the government underwrite reliable supply projects in a bid to boost competition in the generation market, they received 66 expressions of interest.\n\nA feasibility study will now look into three shortlisted sites with the aim of taking the first phase to the investment level by 2021. \n\nThe move comes after the Prime Minister gave the green light to Snowy Hyrdo 2.0, saying work will begin within days. \n\nImage: News Corp Australia \n\n\n\n\n\n\n
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'A battery with no plug': Labor backs Snowy 2.0, but calls for more renewable firepowerBill Shorten says more renewable generation is needed to make full use of the hydro-electric project.
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Snowy 2.0 gets $1.38 billion and approval for initial work to beginThe Government says the business case stacks up and has given Snowy Hydro permission to proceed to the early works stage along with a commitment of up to $1.36 billion for the project.
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