The massive Snowy 2.0 pumped hydro project must continue despite a $6 billion cost blowout, Energy Minister Chris Bowen says, declaring it essential for the electricity grid’s shift to renewable energy amid warnings of elevated blackout risks this summer.
“[Independent electricity grid chief Daniel] Westerman said that it was important for the grid going forward. So, we stand by the project,” Bowen said yesterday.
Energy Minister Chris Bowen is sticking by Snowy 2.0 despite the latest…
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