Comment by nandomrumber
15 hours ago
Further to my comment about:
In October 2025, the scheme was reported to be 67% complete but it could not be completed within the A$12 billion forecast cost.
https://en.wikipedia.org/wiki/Snowy_2.0_Pumped_Storage_Power...
6 years, incomplete, expected to cost well over six times the initial estimate if it ever gets completed.
Expect Snow 2.0 to a big impact on electricity prices in Australia. Upwards. We’ll have to most expensive pumped hydro in the world. What an achievement!
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