Snowy 2.0 Archives - Renew Economy

Policy & Planning

Labor slams Coalition’s “back of envelope” Snowy 2.0 estimates as wait continues for latest cost blowout
Federal Labor hits back at LNP criticism of Snowy 2.0 cost blowouts with a reminder that it was a Coalition government that signed off on the project based on “back of an envelope” calculations.
Sophie Vorrath

May 27, 2026

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Commentary

Claims of huge new blow-outs to the Snowy 2.0 bill are just plain wrong
The latest, much-inflated price estimates Snowy 2.0 critics have come up with for the pumped hydro project are absurd. Here are some counterpoints to balance the ledger.
Andrew Blakers

May 1, 2026

41
Pumped Hydro

Too big to fail? Snowy 2.0 critics predict fresh cost blowouts, while others say it’s far too late to turn back
Critics fear interest, the cost of building connecting transmission, and other fees are creating a even bigger monster than Snowy Hydro to ready to admit.
Rachel Williamson

Apr 27, 2026

15
Pumped Hydro

“Spartan work camps” and bad catering: Snowy 2.0 pumped hydro workers strike for more pay
Snowy 2.0 workers to strike, demanding higher pay to make up for poor conditions and food at the delayed and over budget project.
Rachel Williamson

May 20, 2025

3
Pumped Hydro

Another delay: Work stopped at all Snowy 2.0 tunnels over safety worries
Major pumped hydro project Snowy 2.0 is delayed again, this time due to worker safety concerns.
Rachel Williamson

Jan 29, 2025

6
Pumped Hydro

Snowy buys extra boring machine to support “disappointing” Florence as testing unearths more problems
A new boring machine will be operational by the end of 2025 and supplied by the same company that made the “disappointing” and frequently stuck Florence.
Rachel Williamson

Aug 26, 2024

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Pumped Hydro

New consultation round opened for giant pumped hydro project
Queensland Hydro is setting up three different consultation avenues for locals to weigh in on the 2GW/24h Borumba project.
Rachel Williamson

Jul 10, 2024

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Storage

Snowy 2.0’s updated business case is flawed, again
Last week an updated Business Case for Snowy 2.0 was released. Like every aspect of this hapless, over-hyped project it is late, inadequate, and unrealistically optimistic.
Ted Woodley

May 30, 2024

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Storage

Slow progress at Snowy 2.0, with more “challenging” conditions ahead and a Florence clone
Snowy Hydro CEO says boring machine Florence needs to tunnel about 15 metres a day to keep Snowy 2.0 on track and says a fourth boring machine could be on the cards if the going gets tough again.
Sophie Vorrath

Feb 13, 2024

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Another dud Snowy Hydro project, squandering over $1.5bn of taxpayers’ money
Snowy Hydro’s Hunter Power Project has kept a low profile compared to Snowy 2.0 – but it has a strikingly similar list of troubles sending it over budget and off schedule.
Ted Woodley

Dec 6, 2023

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Storage

Truth behind Snowy 2.0 cost blowout buried with Florence, Senate Estimates hears
The Snowy 2.0 reset report has been comprehensively redacted, offering little insight into the project’s doubling of costs.
Sophie Vorrath

Oct 24, 2023

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Storage

Snowy 2.0 documents suggest the $12 billion project’s boring troubles are far from over
A planning application to fix Snowy 2.0 sinkhole and un-pause Florence offers insight into how the boring machine got stuck – and why more troubles could lie ahead.
Sophie Vorrath

Sep 6, 2023

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