Is Snowy 2.0 worth the price tag? - ABC News & Headlines – Australian Broadcasting Corporation

Direct Source Verification: This story is aggregated from ABC News Australia (abc.net.au). Full reporting rights and copyright belong to the primary publisher.
Snowy Hydro was meant to be one of Australia's biggest renewable energy projects.

Snowy Hydro was meant to be one of Australia's biggest renewable energy projects.

But the ambitious scheme has been hit by massive cost blowouts and delays, raising serious questions about how much taxpayers will ultimately have to pay.

So what’s gone wrong with Snowy 2.0, and is the project still worth the price tag?

Energy expert Bruce Mountain joins Carrington Clarke to unpack the spiralling costs, the engineering challenges and what the troubled project tells us about Australia's energy transition on ABC Business Daily.

For more you can hear Dennis Barnes, CEO of Snowy Hydro here.

We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

Original Source
https://www.abc.net.au/listen/programs/abc-business-daily/is-snowy-2-0-worth-the-price-tag/107328056
Visit ABC News Australia ↗
SHARE STORY:
𝕏 f in

Related Coverage in Business