$2bn Snowy Hydro expansion plan revealed

Monica Gameng   |   March 15, 2017

Australia’s Prime Minister Malcolm Turnbull has revealed the plans for the Snowy Hydro scheme’s $2 billion expansion, which will become a game changer for the power supply in the east coast.

The plan includes three new 27-kilometre tunnels as well as a number of power stations. The expansion will be increasing the scheme’s power output by 50 per cent which is enough to power half-a-million homes.

“The unprecedented expansion will help make renewables reliable, filling in holes caused by intermittent supply and generator outages. It will enable greater energy efficiency and help stabilise electricity supply into the future.

“By supercharging the Snowy Hydro precinct, we can ensure affordable and reliable electricity for Australian households and businesses,” the Prime Minister said.

The Prime Minister also said that the project, still subject to environmental approvals and available funding, could begin construction in 2018.

A feasibility study is going to be conducted as soon as possible, with four sites already identified for the expansion – which will be examined for geological and economic impacts.

The expansion project is expected to create up to 500 jobs locally.

Stay up to date with the latest updates on the Snowy Hydro scheme expansion project as well as other industry news and project updates by subscribing to Felix Project News today.

Source: The Sydney Morning Herald, News.com.au and Sky News AU

Monica Gameng
As Felix's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1,000 posts. She truly is an industry expert.
Follow me:

Related Articles

Projects
$3.4 billion Snowy 2.0 given the construction go-ahead

The multi-billion dollar Snowy Hydro expansion – also known as Snowy 2.0 – has been given the construction go-ahead. The plans for this massive project was first announced earlier in 2017.

Projects
Snowy 2.0 receives Federal approval and almost $1.4bn in funding

The Federal Government has given its approval to the development of the multi-billion dollar Snowy Hydro expansion - also known as Snowy 2.0 - and current Prime Minister Scott Morrison announced that almost $1.4 billion in equity is going to be invested towards the project.

Projects
NSW Govt grants planning approval to Snowy 2.0 project

The multi-billion-dollar Snowy Hydro project – commonly known as Snowy 2.0 – marks another major milestone as it secures planning approval from the New South Wales Government. 

Get the latest project news

Join thousands of construction and mining pros getting the best content right in their inbox.

✓ updates on Australia's pipeline of state and federal projects

✓ fresh contract awards from major contractors and builders

Complete the form to get started