Government defends Snowy Hydro 2.0 amid $25b cost surge
The Albanese government is doubling down on its defence of Snowy Hydro 2.0 as Australia’s critical clean-energy backbone.
Fresh headlines from around the world. Gaming, politics, technology and everything in between.
The Albanese government is doubling down on its defence of Snowy Hydro 2.0 as Australia’s critical clean-energy backbone.
The Coalition may as well have conceived this project on a napkin, and they should carry the can for the lack of due diligence to properly cost it.
Labor frontbencher Kristy McBain declines to answer questions about whether Snowy 2.0 project is good value for money after confirmation of another cost blowout. Follow live.
<p>New projections by the Snowy Hydro company show tunnelling work is now 65% finished, but the completion date has been pushed back to 2029</p><ul><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia
Australia's biggest renewable energy project, which has faced financial and timeline challenges since its inception, could now cost $25 billion and is expected to be delivered in late 2029.
The cost of the Commonwealth government’s Snowy 2.0 mega-project has exploded from an estimated $6 billion to $25 billion.
Allnira republishes accessible articles under owner-declared permissions, with original authors, publishers and image credits. Automatic cloud imports run hourly; open pages check for updates every 15 seconds. Publication delays depend on each feed.