
Snowy Hydro 2.0 costs have doubled again, will the project go on?
Freitag, 23. Oktober 2026 · 4 min
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The cost of building the Snowy 2.0 pumped hydro scheme has doubled again, with a new report finding it could reach $25 billion and not come online until 2029.
Announced in 2017, Snowy 2.0 is Australia's biggest renewable energy project and was expected to cost $2 billion and be operating by 2021.
Snowy Hydro and the Albanese Government say work must continue, while the Coalition wants Energy Minister Chris Bowen sacked, so what happens now?