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From:
pv magazine Australia
(Uncensored)
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Snowy 2.0 cost blowouts might be OK if the scheme stored power more cheaply than batteries. But it won’t
https://www.pv-magazine-australia.com/2025/10/10/snowy-2-0-cost-blowouts-might-be-ok-if-the-scheme-stored-power-more-cheaply-than-batteries-but-it-wont/
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Tagged with:
policy
finance
markets
energy storage
opinion & analysis
pumped hydro
cost blowouts
electro-chemical batteries
Two years ago, Snowy Hydro announced a reset for its troubled Snowy 2.0 giant pumped hydro project amid cost blowouts. The supposed final cost was $12 billion.