The Snowy Hydro 2.0 project is facing another two-year delay, which is a massive blow to Australia’s energy security and its aspirational emission targets.
“We need more gas, what happens is you can’t close Eraring … closing Liddell was bad enough, can’t close
Eraring and they can’t close Vales Point, they need to stay in much longer,” said Former Snowy Hydro CEO Paul Broad.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Snowy Hydro 2.0 project faces further two years of delaysJust three months into the role, Snowy Hydro's new boss admits the pumped-hydro battery project is facing up to another two years of delays.
Read more »
‘Bad news’ as Snowy Hydro 2.0 project delayed by two yearsSky News Political Editor Andrew Clennell says there’s been “bad news” on the energy front with the government revealing that the Snowy Hydro 2.0 project will be two years late. Mr Clennell said it could even have an earliest start date of December 2029. “The New South Wales Premier Chris Minns reacted to this morning and again raised the prospect of his government funding the continued operation of the private Eraring power plant after its planned closure in 2025,” Mr Clennell said.
Read more »
Snowy Hydro 2.0 project hit by delay of up to two years and another cost blowoutGovernment-owned company pushes earliest start date of pumped hydro project to the second half of 2028
Read more »
Snowy Hydro’s delays mean govt needs a ‘more hard-headed assessment’ than everThe postponed start date of the Snowy Hydro project means the government needs a “more hard-headed assessment” than ever, says Grattan Institute Energy Policy Director Tony Wood. “Are we facing issues or not, and then making assessments based on that,” he told Sky News Australia. “There are a number of things that could be done, but working out what’s the best requires a much more hard-headed assessment than we’ve seen before. “Because clearly we were working in a world which we had credible optimism about the budget and the timeline for this project.”
Read more »
Tunnelling and material sourcing issues push back major hydro battery projectThe Snowy Hydro 2.0 Project, a major hydro battery initiative, could face delays of up to two years due to setbacks, cost overruns, and difficulties with tunnelling equipment and material sourcing, according to CEO Dennis Barnes. Mr Barnes also cites the ongoing COVID pandemic as an additional factor that could push the project's completion to the end of the decade. This delay may place increased pressure on the nation's energy supply.
Read more »
'Illegal' ASIO conduct may halt former military pilot's extraditionPotential misconduct by Australia's spy agency could halt the United States' bid to extradite a former fighter pilot accused of aiding the Chinese military. 9News
Read more »